Gold to hit $5,000 if Fed independence breaks and investors ditch Treasuries

Goldman Sachs is warning that gold could surge to $5,000 an ounce if the Federal Reserve loses its independence and investors pull just a fraction of their money from U. S. Treasuries into bullion. According to Goldman analysts, including Samantha Dart, the scenario would trigger a surge in inflation, collapse long-term bonds and equities, and utterly […] source: https://www.cryptopolitan.com/gold-to-hit-5000-if-fed-independence-breaks/