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

In a recent discussion with Rich Checkan, the President of Asset Strategies International, the outlook for precious metals like gold and silver has been brought to light. Checkan has provided insightful predictions regarding the potential trajectories of gold and silver prices in the near future. Based on his analysis, it is evident that gold and silver are poised for significant growth, with gold potentially reaching as high as US$3,800 per ounce and silver US$90 per ounce.

One of the key factors driving the increase in gold prices is the global economic climate. Uncertainties surrounding inflation, geopolitical tensions, and the ongoing COVID-19 pandemic have heightened investor concerns, prompting a shift towards safe-haven assets like gold. With central banks around the world continuing to implement stimulus measures and low interest rates, the demand for gold as a store of value is expected to remain strong.

Furthermore, Checkan emphasizes the role of silver as a strategic investment alongside gold. Silver, often referred to as gold’s little brother, tends to outperform gold in bull markets. Its dual appeal as both a precious metal and an industrial metal gives it a unique position in the market. As industries like green energy and technology continue to grow, the demand for silver in various applications is expected to increase, further supporting its price trajectory.

Checkan’s insights suggest that the current economic conditions are conducive to a bullish trend for both gold and silver. Investors looking to diversify their portfolios and hedge against market volatility may find value in allocating a portion of their assets to precious metals. With gold projected to reach US$3,800 per ounce and silver potentially hitting US$90 per ounce, there is considerable upside potential for those looking to capitalize on the expected price appreciation of these metals.

In conclusion, Rich Checkan’s analysis serves as a valuable resource for investors seeking to navigate the complex landscape of precious metals. By staying informed and proactive, investors can position themselves strategically to benefit from the anticipated growth in gold and silver prices. As always, it is essential for investors to conduct their own research and consult with financial advisors before making any investment decisions in order to mitigate risks and maximize returns.