Gold Price at $24,000? “It’s Not Crazy Talk
“It’s in a very strong, strong phase that we haven’t seen yet,” says Mary Anne. In an interview with Daniela Cambone, the Aden sisters, Mary Anne and Pamela Aden, discuss factors contributing to gold’s potential spike, reaching $24,000 an ounce. The West is waking up to gold as China continues hoarding it. The Aden sisters also noted the diminishing value of the U.S. dollar as inflation remains persistent. “Everyone’s talking about inflation, but we could see something like a recession.” Lastly, the Aden sisters emphasize that owning gold serves not only as a hedge against risks but also as an investment.
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