Gold will surpass its all-time price highs in 2022 according to one highly respected industry expert and author. E.B. Tucker says that he expects the precious metal to sail past the £1,503 ($2,000) marker next year as liquidity dries up and governments start to roll up their economic stimulus measures.
He says, “Everybody is a speculator, and so next year, I expect this speculation runs out of gas. There’s no more stimulus check coming. There’s more liquidity coming into the average person’s pocket. They got a raise this year, but everything they’re buying is going up in price. Sales are slowing down. The refinance boom is slowing down. Next year, you’re going to see a rotation out of [stocks] and you’re going to see a move into something real.”