Coming Out Ahead: Why Long-Term Forecasts Favor Gold

Yeah, I'm very confident about that.

And it's not just me.

I follow a lot of the top gold analysts, the banking analysts and the independent analysts.

I don't really follow people in the gold industry.

I pay attention to what they have to say.

But my interest is really in what the independent expert analysts are saying and what their expectations are.

And I like to compare those expectations and the performance of gold over the last several decades versus the S&P 500.

Because one of the things that I really like to do is I like to bust myths.

And there are so many myths around gold, and I reject most of them.

I have too much experience at the United States Mint, in the U.S. Treasury, dealing with the Federal Reserve.

That doesn't mean I'm not a critic.

I am definitely a critic of a lot of the policies in the past and especially today.

And I have inside relationships with the Federal Reserve and the Treasury Department, and I've watched them make decisions.

So, you know, I'm not a neophyte about this, but I...

I think so many of the stories around gold that buyers, stock investors, and others have been sold have been not only wrong, but they've been wrong for a really long time, as much as 20 years in some cases, about the comparative performance of gold versus stocks and bonds so that's one of the things that i really like to do and i'm a person who is motivated and really driven by empirical evidence i want to see the data and lots of times i want to run the data myself you have to rely on people who really have an independent view They especially, you don't want them to have interest, certainly not direct interest in what they are advising so that they may profit from it.

And so the facts that I'm going to be giving today and really in any of these podcasts are based on hard research and what I am convinced are are facts.

There are no guarantees, of course, about any advice I give.

It's just like anybody else.

Anybody else who tells you they're certain that such and such is going to happen and you should invest based on their certainty, you need to turn around and walk away.

There is no such thing as certainty in this business.

But there is confidence, and I have confidence in some of the numbers that I'm going to present.

And the reason is because they come from a broad cross-section of opinions and analysts who are these independent analysts.

What I'm going to do is I'm going to talk about how those analysts see gold over the next six months, five months, through the end of the year, and compare that to the S&P 500, what the independent analysts say they expect about stocks.

And then we're going to kind of zoom back and look longer term.

And that makes sense for our buyers because they're not trading gold.