HomeMarketsU.S. EconomyTariffs, Recession Risks & De-Dollarization Open Gold's Path to $5,000

Tariffs, Recession Risks & De-Dollarization Open Gold's Path to $5,000

David Schassler believes gold will hit $5,000 within the next couple of years. His reason: de-dollarization, fueled by recession risks and growing valuations on Wall Street. Axel Merk goes a step further and points to tariffs being another driving force behind gold's growing bull run. He sees trade and financial uncertainty surrounding tariffs leading more investors to move out of equities and move to gold for security.

Trading 360

09 Jun 2025

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