Gold Expert Rich Checkan Predicts US$3,800 Minimum and Silver at US$90 – Achievable Targets!

In a recent interview with Rich Checkan, president of Asset Strategies International, a company specializing in precious metals, he shared his insights on the future of gold and silver prices. Checkan’s predictions and analysis provide valuable insights for investors looking to diversify their portfolios and hedge against economic uncertainties.

Gold, often seen as a safe haven asset during times of economic turmoil, is expected to reach a minimum of $3,800 per ounce in this cycle according to Checkan. He highlights the factors driving the bullish sentiment towards gold, including unprecedented levels of global debt, inflation concerns, and geopolitical uncertainties. With central banks around the world engaging in massive stimulus measures to combat the economic fallout of the pandemic, investors are turning to gold as a store of value and a hedge against currency devaluation.

Silver, often referred to as poor man’s gold, is also expected to see significant price appreciation. Checkan believes that silver could reach as high as $90 per ounce in the near future, highlighting its dual role as a precious metal and an industrial metal. As the world transitions towards a greener economy and demands for solar panels, electric vehicles, and other technology increase, the demand for silver is expected to rise, putting upward pressure on its price.

Checkan’s bullish outlook on gold and silver is supported by historical price trends and the current macroeconomic environment. He points out that precious metals tend to perform well in times of economic uncertainty and low-interest rates, making them attractive investment options for both individual and institutional investors.

For investors looking to take advantage of the potential price appreciation in gold and silver, Checkan suggests considering physical ownership of precious metals. By holding physical gold and silver, investors can protect their wealth from currency devaluation and inflation while benefiting from potential price increases.

In conclusion, Rich Checkan’s predictions of gold reaching $3,800 per ounce and silver climbing to $90 per ounce demonstrate the potential for significant price appreciation in precious metals. As investors seek to diversify their portfolios and hedge against economic uncertainties, gold and silver continue to hold appeal as safe-haven assets with the potential for handsome returns. By staying informed and considering the insights shared by experts like Checkan, investors can make informed decisions to navigate the dynamic world of precious metals investing.