Gold’s dramatic rise toward $3,000 is sending a critical message about the state of the economy, according to analyst Todd “Bubba” Horwitz.
While expecting a near-term pullback, Horwitz forecasts gold reaching $3,200-$3,300 in 2025, citing accelerating inflation despite official claims of cooling prices. He argues that elevated prices on essential goods persist due to government revenue needs, while criticizing the Federal Reserve as a “worthless cartel” that benefits banks at the expense of average Americans.
The analysis points to increasing sovereign wealth fund investment in gold as evidence of growing distrust in fiat currencies, suggesting a broader shift in global financial sentiment.
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