Gold Prices To Explode Like My Pants After Thanksgiving! Will I Be Rich?!

Doh! Gold's Getting Expensive!

Woohoo! Gold's been acting all fancy lately climbing higher than Bart on a sugar rush. I heard from those smarty pants at Bank of America that gold prices might reach $3,500 an ounce in the next two years! $3,500! That's like…a whole lot of donuts! They say it's because those central banks and China are buying up all the shiny stuff. Mmm gold…

Blame It On Trump (And China Too)!

Apparently things are a bit nutty right now. Some dude named Trump and his trade war are scaring folks so they're running to gold like I run to the fridge when Marge isn't looking. And it's not just him those sneaky folks over in China want to play with gold too. It's getting so crazy Bank of America thinks gold will average $3,063 this year and $3,350 in 2026! Doh I wish I had bought some when it was cheaper.

Uncertainty? More Like Un CERTAINLY Gonna Be Rich!

Those brainiacs at Bank of America also mentioned that all the wackiness surrounding Trump's trade policies could make the dollar weaker. A weaker dollar means gold gets even more attractive like a donut covered in bacon! If folks start buying even MORE gold it could shoot up to $3,500. That's enough to buy a lifetime supply of Duff Beer...and maybe even a new TV after I accidentally break this one during the football.

China's Gold Rush!

Now here's where it gets interesting! The Chinese insurance folks are thinking about throwing some serious cash into gold. We are talking 1% of their assets which is around 6% of the world's yearly gold supply! That's a lot of gold! It's like if I suddenly decided to invest 1% of my doughnut money into…more doughnuts. Wait that's not a bad idea!

Central Banks Gone Gold Crazy!

And get this: central banks are already hoarding gold like Mr. Burns hoards money. They've got about 10% of their reserves in gold right now but those fancy analysts think they might pump it up to 30% or more! Good luck every country is going to become like the golden castle from Duck Tales. I bet old Uncle Scrooge is happy.

Even Regular Joes Are Joining the Fun!

It’s not just the big shots even regular guys and gals are getting in on the gold action. They’re buying gold through these fancy things called "exchange traded funds." They are putting more and more cash into these ETFs with investments rising 4% in the Americas Europe and Asia. What the heck is Europe anyway? Is that where those French fries come from? Mmm French fries… and gold!