Where is All this De-Dollarization Sending Gold Prices?

Higher, of Course!

The most important indicator of future gold prices is the relentless move by the world’s central bank of inch away from US dollar reserves and their movement to gold.

We have written about this several times and are doing so again because the move to gold is simply unprecedented.  The numbers are huge.

Central banks, particularly in emerging markets like China, have increased gold reserves significantly since 2022.

Altogether, the world’s central banks have purchased 1,000 metric tons of gold a year for each of the last three years.

This year they are on track to do it again.

That’s more than 32 million ounces of gold a year!   

That’s a lot of gold!  But it’s not a gamble.  It’s not speculation.  It is a move to protection.  It is a flight to quality.  

To add that much gold to their currency reserves, they are lightening up on their US dollar reserves.  So it is a referendum on the future of the dollar.

Major financial institutions are noticing.    

JP Morgan is looking at $4,000 gold next year.   It also describes a scenario in which gold climbs to $6,000 in 2029.  That scenario is based on the reallocation of less than one-half of one percent, just 0.5 percent, of US assets held by foreign investors getting repositioned in gold.   Citi has a long-term outlook of $7,000 by 2030.

We actually think that those forecasts may be modest.  If the US begins another round of intense inflation in an attempt to depreciate its massive $37 trillion national debt, a stampede by foreign investors out of dollar-denominated assets is sure to result.

We urge you to speak with a Republic Monetary Exchange gold and silver professional now.  Get a briefing in the developing global monetary system and discuss a sensible plan for protection and profit with precious metals.