A few years ago, one would not have written that the target price of gold would have a prediction of $10,000 per ounce. $3,000 was stretching it. Now, the $10,000 price is not unrealistic. Why? The continued printing of fiat currencies around the world are devaluing your bank balances. Gold isn’t appreciating in value as much as the currencies to purchase an ounce are devaluing. It is all relative. You come out ahead when you have a fixed payment on a mortgage denominated in the fiat currency and your investments appreciate in value at the same time, allowing you to pay off the mortgage with devalued currency. As central banks continue to expand their monetary base in an effort to promote spending and expansion, the price of gold will ultimately respond. Those of us that have been around a while, remember when hamburgers were 5 for a dollar. Now, one hamburger runs about 3 to 4 of those dollars.
Ultimately, the value of a fiat currency moves to zero. When? Only Our Heavenly Father knows. Until then, storing value for the future will be the challenge. You will want to get your wisdom from Above. Men’s opinions are simply guesses. What if they wrong? Will you be able to live at their house if you lose yours due to relying on their guesses? They will be nowhere to be found. The U.S. Dollar used to be a safe haven. Now, the thieves are knocking at the door.
If there is ever a time to focus on Spiritual maturity, now is the time. I know of no other path that will lead to peace, success and safety.