20 October 2023
James Puplava predicts gold surpassing $10,000 by the decade’s end. Having previously forecasted gold’s rise when below $300, Puplava now points to demographic shifts, especially the retirement of baby boomers, as a key driver for rising precious metal prices. With China’s declining workforce and the anticipated global depression between 2030 and 2036 by ITR economics, economic challenges loom. The current environment of high inflation and geopolitical tension may lead governments to print more money, possibly devaluing the dollar.