Wealthion - Be Financially Resilient

Pierre Lassonde: Gold Is Replacing the Dollar & Will Hit $17,250 by 2030

13 snips
Oct 2, 2025
Pierre Lassonde, a legendary gold investor and co-founder of Franco-Nevada, predicts a seismic shift in the financial landscape as gold could soar to $17,250 per ounce by 2030. He discusses the surge in central banks stockpiling gold, driven by global debt and declining trust in the dollar. Lassonde highlights silver’s potential to outperform gold and explains why mining stocks remain undervalued despite their cash generation capabilities. With the gold sector still modest compared to tech giants, he urges investors to reconsider their portfolios.
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INSIGHT

Gold's 1970s-Style Return

  • Pierre Lassonde argues we are in a transformative gold bull similar to the 1970s rally.
  • He believes gold is returning as a reserve currency and the rally has years to run.
INSIGHT

Central Banks Dump Dollars For Gold

  • Lassonde highlights central banks bought ~1,200 tons of gold in three years and reduced dollar reserve share.
  • He says nations prefer gold because it isn't another country's debt.
ADVICE

Expect Accounting Moves Not A Gold Standard

  • Don't expect politicians to return to a gold standard because it would constrain fiscal spending.
  • Lassonde advises instead to watch for accounting revaluations of held gold as a fiscal fix.
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