Bank of America expects gold to reach $4,000 an ounce within a year but not because of geopolitical reasons like the Israel and Iran conflict heating up again but rather growing concern over U.S. debt and fiscal policy. As Washington pushes a major tax-and-spending bill, fears about ballooning deficits and a weakening dollar are prompting central banks, especially in emerging markets, to sell U.S. Treasuries and buy gold. With investor exposure to gold still low, BofA believes market volatility and fiscal strain could drive prices significantly higher.

Last Thursday the U.S. dollar fell to a three-year low after reports emerged that President Trump may announce a replacement for Federal Reserve Chair Jerome Powell earlier than expected. The move reflects President Trump’s ongoing frustration with Powell whom he has criticized for not cutting interest rates.

Now, during dips, may be the time to buy gold as soaring debt, flawed inflation data, and ongoing monetary expansion suggest gold’s true peak is still far off.

This week, in honor of Independence Day on July 4th, Goldline’s Deal of the Week is offering 21 ounces of patriotic-themed silver at no charge with your qualified purchase of fractional gold coins. Please note, inventory is limited and may sell out.

With every twenty-five (25) 1/10th ounce Battle of the Coral Sea gold coins you purchase, you will receive four (4) 5 ounce American flag silver bars AND one (1) 1 ounce Trump Victory 47 colorized silver round at no additional charge. Please note, this offer does not qualify for IRA purchases.

Call 800-827-4653 to take advantage of this deal.

Below you can find news that may be influencing your investment decisions.

Call Goldline Now 800-827-4653