{"id":10029,"date":"2024-09-24T09:49:41","date_gmt":"2024-09-24T09:49:41","guid":{"rendered":"https:\/\/businesstriumphs.com\/index.php\/2024\/09\/24\/chris-blasi-golds-biggest-gains-still-to-come-key-price-driver-is-simple\/"},"modified":"2024-09-24T09:49:41","modified_gmt":"2024-09-24T09:49:41","slug":"chris-blasi-golds-biggest-gains-still-to-come-key-price-driver-is-simple","status":"publish","type":"post","link":"https:\/\/businesstriumphs.com\/index.php\/2024\/09\/24\/chris-blasi-golds-biggest-gains-still-to-come-key-price-driver-is-simple\/","title":{"rendered":"Chris Blasi: Gold\u2019s Biggest Gains Still to Come, Key Price Driver is Simple"},"content":{"rendered":"<p>\u2018You can\u2019t say gold is at a high \u2014 you have to look at why, at what brings it to this number and is that still valid. The US they say is creating a trillion dollars of new debt every 100 days,\u2019 he said.<\/p>\n<p>\u2018I would say gold is not at its high, and looking at it thinking it\u2019s at a high because you value it like a stock or a bond \u2014 that would mislead you and prevent you from taking a position that I think you should to preserve your wealth.\u2019<\/p>\n<p>Explaining why it\u2019s important to establish a position in gold sooner than later, Blasi pointed to large entities like central banks,  many of which continue to make large purchases of the yellow metal. <\/p>\n<p>\u2018The central banks see that we are devaluing this currency,\u2019 he said. \u2018A lot of people don\u2019t get it, they say we have inflation \u2014 well that\u2019s what it is, inflation is the devaluation of the currency. And the move is on for sound money.\u2019<\/p>\n<p>Watch the interview above for more from Blasi on gold. He also discusses the silver, platinum and palladium markets.<\/p>\n<p><strong>Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.<\/strong><\/p>\n<\/p>\n<div>This post appeared first on investingnews.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u2018You can\u2019t say gold is at a high \u2014 you have to look at why, at what brings it to this number and is that still valid. The US they say is creating a trillion dollars of new debt every 100 days,\u2019 he said. \u2018I would say gold is not at its high, and looking [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":10030,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-10029","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/10029","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/comments?post=10029"}],"version-history":[{"count":0,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/10029\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media\/10030"}],"wp:attachment":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media?parent=10029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/categories?post=10029"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/tags?post=10029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}