Early Edition with Kate Hawkesby
Ryan Bridge: We're all flocking for gold
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:02:12
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Sinopsis
Have you seen how much gold is worth lately? Yesterday it hit another new record - US$5000 an ounce. It’s up 60% on last year. If you watch this stuff closely you’ll know it’s not just happened overnight. It’s been building slowly but surely since Trump took office, and investors look for safe places to put their money. People have been worried about the AI bubble bursting, so they out their money into gold instead of stocks. The price skyrockets. But the speed of late has been pretty remarkable. JP Morgan in December predicted the price would hit $5000 by Q4 2026. It’s hit that price in Q1. Goldman Sachs reckons it’ll hit $5400 by year’s end, but at this rate, that might be underselling it too. Honestly, it makes you want to rip off your rings and earrings off and flog them, doesn’t it? One thing’s for sure, at these prices, gold diggers —the prospectors, not the sort Kanye sings about— will be lining up to get the stuff out of the ground quicker than you can say fast-track. Every time the price