😍Ronald Stöferle, the author of We Trust in Gold, predicts that the price of gold will rise to $ 4,800 an ounce by the end of this decade. In an interview with Pro Aurum TV, he spoke about how and how this growth will occur.

The value of the yellow precious metal is supported by the uncertainty of financial markets and financial assistance from the state in those countries that have been hit hardest by the corona crisis. Huge amounts of unsecured money are allocated to support the economy. Central banks unlimited liquidity. Result: an avalanche-like increase in the debt burden and the risk of an excess of liquidity.

It is for this reason that Ronald Stöferle expects a significant rise in the price of gold. According to his forecast, by 2030, one ounce of this precious metal could rise to $ 4,800. It sounds incredible now. This price can be caused by the annual growth of the gold price by 10.1%, which is not unrealistic. In the past years, we have seen that such annual growth is quite achievable, the expert voiced this opinion during an interview.

In the short term, the price of gold may appear. But in the long-term situation will be in favour of the gold market. Now people have little savings. No one has any more confidence in their future, the expert believes. Investors are behaving with restraint, consumption of goods has dropped sharply. Positive news on vaccines will gradually restore confidence in the economy. The huge liquidity that has been created in recent months may end up in the consumer market. As a result of its rapid spread, inflation will begin to grow rapidly. All this will be a supporting factor for the yellow precious metal.

Gold records

The gold market is currently struggling to gain a foothold above $ 1900 an ounce. However, according to experts, investors should not rush to sell their precious metal.

According to Steve Dunn of Aberdeen Standard Investments, the price of gold will surpass $ 2,000 per ounce during 2021. In his opinion, financial aid packages will be allocated in the future, as many problems in the economy are structural, which means they will not go anywhere in 2021.

Increase interest rates. In his opinion, even without financial aid packages, low rates will weaken the US dollar, and this is another factor supporting the gold market.

The bond market is likely to be the biggest growth driver for the precious metal in 2021. “We have heard little about growing negative high debt, but it is also an alarming indicator,” he said. “But whatever one may say, in 2021 gold has good reason to grow. We will watch gold rise to $ 2,000 and test the highs we already saw in August this year. "

💥CBDC - Central digital currency

According to information from various sources, world governments have seriously taken up the issue of cryptocurrency! Now there is research in this area, which is confirmed by VISA. This is a digital coin (as I understand it about the national cryptocurrency). Now on this dispute, serious passions flare-up. After all, countries refuse to recognize Bitcoin as much as possible. Visa also announced the development of a system for such a cryptocurrency. Sending acceptance.

It can be seen that the pressure of the crypto-currency world on outdated financial mechanisms is increasing every month.

I rewrote this part more than 20 times but it was not unique so I will attach a link to the statements from VISA https://usa.visa.com/visa-everywhere/blog/bdp/2020/12/17/central-bank- digital-1608165518834.html)

🤴Why do we need a digital dollar if we have digital gold?

The refusal of states to accept new foundations and technologies leads to a gap of experience in 10 years. The proposed Central Bank Digital Currency (CBDC) no longer has any meaning. After all, there is already a central currency on the market. Even have their gold! Now I'm talking about the Digital Gold project. Digital Gold, like states, issues a coin according to the gold reserve. Unlike countries that print money to survive the crisis associated with the pandemic. Digital Gold is already a solution to the market.

Of course, with the release of a new generation of decentralized projects, banks are going crazy. After all, the cryptocurrency market continues to grow and people are investing there. Digital gold - can become a key player in the market for long-term investments in digital gold. In other matters, the release of the digital currency of the central bank can help and Digital Gold is developing further.

As you know, many strange people are introducing various bans on cryptocurrencies. Complicating the development of the industry. But the release of currencies like CBDC will bring even more users to the market. And a complete rejection of physical money will make bitcoin invaluable.

Website: https://gold.storage/ru/home
Telegram: https://t.me/digitalgoldcoin
Steemit: https://steemit.com/@digitalgoldcoin
Youtube: https://www.youtube.com/channel/UCUo-D88vDTvntg2QhxDqBGQ
Reddit: https://www.reddit.com/r/golderc20/
ANN: https://bitcointalk.org/index.php?topic=5161544.0
Coinmarketcap: https://coinmarketcap.com/currencies/digital-gold/

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