Gold prices are poised to reach $6,000 per ounce soon, according to Peter Schiff. He predicts that the international market will see gold prices surpass $5,000 and then $6,000 per ounce.
Global economic uncertainty is causing a structural shift in gold demand, with a decline in jewellery consumption and a surge in investment products like ETFs, bars, and coins.
Gold is considered a safe haven asset, but not necessarily a better investment than traditional assets like bonds or equities.
