The David Lin Report CEO Called $3,300 Gold, Predicts $5,000 Next | Morgan Lekstrom
Jul 1, 2025
Morgan Lekstrom, CEO of NexMetals, dives into the global debt crisis and the future of gold and critical metals. He predicts gold could reach $5,000, discussing its vital role as a hedge against economic instability and geopolitical tension, particularly with Iran. Lekstrom also touches on the dynamics of gold mining versus Bitcoin and the implications of the U.S.-China trade war on critical minerals. He emphasizes the need for strategic investments in mining to address future demands and vulnerabilities in supply chains.
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Gold's Unique Market Position
- Gold has a unique status as a real world asset with no close equivalent in finance.
- Investors flock to gold because it can be physically held and has proven stability over time.
Geopolitics Drive Gold Volatility
- Gold's price depends heavily on geopolitical moves, BRICS actions, and US dollar dynamics.
- Volatile dollar markets will likely support a strong gold market in coming years.
Gold Hedging Beyond Geopolitics
- Gold's current price reflects a small risk premium for geopolitical events but more for US dollar de-dollarization.
- Gold now provides a hedge against broad economic risks beyond just wars or conflicts.