UBS Investment Bank: Gold Might 2-3x **SOON**
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UBS Investment Bank: Gold Might 2-3x **SOON**

Ive been talking a lot about Gold recently‚ and for good reasons.But its not just my opinionIn fact‚ I dont like to write about what I think.Thats why I like being a reporter.I like to report on what OTHER people are saying‚ and specifically people in the know.Thats where UBS Investment Bank comes in.Because according to a video Im going to show you below‚ UBS just released a report saying that see the potential for Gold to 2x-3x from where its at now (roughly $2‚400).Quoting from eHack:UBS Investment Bank cites gold as having substantially more room to run in the face of a recession. They see gold as having 2-3xd in the recessions of 1972‚ 1978‚ and 2008. While this missed the dot-com recession‚ the recent rise in gold may suggest some are starting to place their wagers.I believe this was a private report issued to its investment banking clients so I dont have access to the report itself‚ but what I do have is this analysis from Kevin Paffrath (MeetKevin) who always does a fantastic job of summarizing the financial news and making it easy to understand.Here is Kevin (in his private jet by the way‚ so theres some serious credibility for you) talking about the UBS report and what he thinks about Gold from hereThe video is titled THIS Investment Might 2-3x **SOON** NEW INVESTMENT.Watch here:Backup here if needed:THIS Investment Might 2-3x **SOON** NEW INVESTMENTMirror: https://t.co/EMNr1WHCtc pic.twitter.com/Hqh3C1t7wZ DailyNoah.com (@DailyNoahNews) April 12‚ 2024Keep in mind‚ Im not a financial advisor‚ Im just a reporter.But this is very newsworthy and Im reporting on what UBS just said not what I personally think. Because Im just a humble reporter‚ but UBS has teams of extremely smart financial analysts.This actually lines up PERFECTLY with a report I brought you earlier this morning:Gold to $3‚000 Per Ounce? Why Not $5‚000?Gold prices have been soaring to new heights‚ reaching a historic $2‚400 per ounce this week. Renowned economist David Rosenberg‚ President of Rosenberg Research‚ believes that the momentum could carry the precious metal to $3‚000 before the next business cycle shift‚ marking another 25% increase from current levels.Rosenberg attributes this surge to strong demand‚ particularly from central banks resembracing gold as a reserve asset. Central banks have been steadily increasing their gold holdings‚ with a notable turnaround from -77 tonnes in 2022s third quarter to 361 tonnes in the same period of 2023. This trend is driven by a desire for security amidst geopolitical risks and a fear of overreliance on the US dollar‚ especially as the Chinese yuan loses its grip as the worlds second reserve currency.Golds allure is also bolstered by rising industrial usage‚ particularly in the electronics sector‚ which is experiencing a boom due to the demand for AI-related models. Furthermore‚ the precious metals safe-haven status is reinforced by global geopolitical risks and unpredictable macroeconomic outlook‚ with the US debt-to-GDP ratio at 120% and the looming possibility of a fiscal crisis.Rosenberg isnt alone in his beliefs. Jonathan Rose‚ CEO of Genesis Gold Group‚ also sees $3‚000 gold on the horizon.We look at precious metals as long-term hedges against tumultuous markets‚ but major gains obviously make them even more attractive‚ Rose said. It is extremely encouraging to see gold moving up now because it bodes well for our clients who get into physical precious metals soon.Genesis Gold Group specializes in rolling over or transferring retirement accounts into Genesis Gold IRAs backed by physical precious metals.In both a soft landing and a typical bear market scenario‚ Rosenberg sees a 15% upside for gold‚ with a potential 30% increase in play as central banks begin to cut rates. He cites the historically negative correlation between gold prices and real interest rates‚ predicting that a decline in real interest rates would lead to a 10-15% increase in gold prices.If Bitcoin‚ an invisible man-made token‚ can reach $70‚000 then whats stopping gold‚ a limited precious resource with a proven track record‚ from surpassing $5000? Rose asked.Rosenberg appears to agree. In light of these factors‚ Rosenberg advises investors to include gold in their portfolios and overweight it‚ as the downside risks are well contained but the upside is significant.Click here to receive a free‚ quick reference gold investment guide from Genesis Gold Group.I call it your personal cheat sheet!Here is what conservative star Dean Cain says about working with Genesis Gold Group:==&;gt;Click here to contact Genesis Gold Group today and receive a free Definitive Gold Guide and learn more about protecting your lifes savings from the various threats were facing today.(Note: Thank you for supporting American businesses like the one presenting a sponsored message in this article and working with them through the links in this article which benefit WLTReport. We appreciate your support and the opportunity to tell you about Genesis Gold! The information provided by WLTReport or any related communications is for informational purposes only and should not be considered as financial advice. We do not provide personalized investment‚ financial‚ or legal advice.)RELATED:Costco Gold Selling Out Within HoursLast week I told you that Costco would begin selling gold.They have‚ and they cant keep it in stock.Selling out within hours!As you know‚ Im a big fan of gold and Ive been telling you about it here for a whileI was on this before Costco‚ which is why so many people love and trust our reportingbecause we beat the MSM and now were beating the big retailers like Costco!By the way‚ keep reading and I can get you connected with someone who has MUCH BETTER prices than Costco for gold and silverBut first‚ the news:Costco‚ $COST‚ is selling one-ounce gold bars and they are selling out within a few hours‚ per CNBC. unusual_whales (@unusual_whales) September 27‚ 2023Costco is apparently selling gold bars that consumers are snapping up at a record pace. https://t.co/BVMASNZ4An Breitbart News (@BreitbartNews) September 29‚ 2023From Breitbart:Costco is apparently selling gold bars that consumers are snapping up at a record pace.On Wednesday‚ CNBC described the gold bars as one-ounce gold PAMP Suisse Lady Fortuna Veriscan bars. They were reportedly being sold for approximately $1‚900‚ the outlet said.Costcos chief financial officer‚ Richard Galanti‚ said Tuesday during the companys quarterly earnings call that the bars were selling fast.Ive gotten a couple of calls that people have seen online that weve been selling 1 ounce gold bars. Yes‚ but when we load them on the site‚ theyre typically gone within a few hours‚ and we limit two per member‚ he commented.When Breitbart News searched the Costco website Thursday morning‚ the company had listed the gold bars as a Member Only Item‚ and buyers must sign into their accounts to view the price:And from ZeroHedge:Just think about this for a moment: people are buying gold from Costco. This tells us that the average American has grown so weary of our governments reckless spending and the Feds irresponsible monetary policy that they literally want to fill their shopping cart online or in person with something they know is real money. From People:The retail giant has recently been selling 1 oz. bars of authentic 24-karat gold from South African mining company Rand Refinery and Swiss precious metal supplier PAMP Suisse on their website for $1‚949.99 and $1‚979.99‚ respectively‚ according to Insider.According to the product details on Costcos page‚ Rand Refinerys gold bars are individually stamped with a unique serial number and arrive in a sealed black assay card‚ while PAMP Suisses gold bars are individually controlled‚ registered‚ and secured within CertiPAMP packaging with an official Assay Certificate and a digital certificate accessed with a QR Code.Both items are non-refundable‚ provide air shipping via UPS and currently have a 4.9 out of 5 average rating on the companys website‚ with one member writing on Rand Refinerys gold bar customer rating that it was a beautiful piece of gold and brand new.Its an incredible commentary on the average American citizen. Americans are literally choosing to transact U.S. dollars for gold.Now keep reading for our original report and for a place to get gold and silver with better pricing that Costco:Costco To Begin Selling GoldI love it when we beat the big players to the table.We take great pride in our reporting and I love to see when that reporting is confirmed like what just happened here.For the past few months weve been telling you that it might be time to look into Gold and Silver.You know‚ Gods Money.Since the beginning of time‚ that has been the only enduring sound money.So it made sense‚ especially as they print the U.S. Dollar into oblivion.When you can just print trillions of new Dollars whenever you want‚ it doesnt take an economist to realize that soon the Dollars in your pocket have less value.Theyre literally worth less and in the future may even be entirely worthless.But Gold and Silver have always endured.Weve been telling you over and over and what just happened this week?Now Costco is telling you.In addition to selling you 18 bottles of ketchup and a 32-pack of Mac-and-Cheese‚ Costco will now be selling GOLD.Simple question‚ and again it doesnt take an economist to figure this out: What do you think all that increased Demand is going to do to the price of Gold?Yup.Looks like Costco is joining the gold trade. In time we may see a run for gold bars where lineups out the door at Costco not for groceries but for gold. #gold #costco pic.twitter.com/JGstjxdilL Mario Stifano (@Mario_Stifano) September 6‚ 2023This is a bit technical‚ but it shows just how well Gold has done recently:While $GOLD prices may be falling‚ its important to remember that gold has held up extremely well considering the rise in real yields on treasuries.Once real yields inevitably fall‚ gold prices can be expected to soar. pic.twitter.com/3q7TKPIZTi GOLY ETF Fan | Stocks &;amp; Gold (@GOLY_ETF) August 27‚ 2023Many are saying the Costco pricing is not great on Gold:Costco getting a piece of the action! #Gold Cant complain about Costcos service however the premium on their 1 OZ Gold Offer is STEEP!Check the link in the comments to get the best hookup on your Precious Metals! pic.twitter.com/p9bM8hrmzF Zach Rector (@ZachRector7) September 10‚ 2023From The Daily Mail:Bulk-buy retailer Costco starts selling GOLD worth up to 24‚500 in its supermarkets but shoppers are warned to be wary because of violent price fluctuationsBulk-buy specialist Costco is now offering bars of gold for up to 24‚500 a timeExperts warned people could be getting a poor deal after swings in gold marketThe price of gold has risen 28 per cent in past 12 months‚ but its a volatile marketIts not an item likely to be on the weekly shopping lists of many households but one supermarket giant has started selling gold bullion alongside its everyday groceries.Bulk-buy specialist Costco‚ more normally known for its pile-em-high‚ sell-em-cheap philosophy‚ is now offering bars of the precious metal for up to 24‚500 a time.But experts last night warned shoppers they could be getting a poor deal‚ particularly after violent swings in the gold market this year.While the companys mark-up on gold is up to seven per cent on the market rate‚ it is also selling silver bars at a whopping 28 per cent premium.Many investors have been turning to what they see as the security of gold this year‚ amid huge uncertainties in the world economy caused by Covid-19‚ international tensions and political discord in America.But while the price of gold has risen by 28 per cent in the past 12 months to almost $1‚900 (1‚469) an ounce‚ it is a volatile market‚ declining by more than six per cent in the past two months alone.On September 24‚ Costcos 100g bar was on sale for 4‚939.99‚ when the market price for that much gold was 4‚619.70 equal to a seven per cent mark-up in store.Now‚ take this and remember what Andy Schectman just told us.Have you seen this?Gold and Silver: No one wants to sell at these make believe pricesIve been telling you for a long time now that Gold and Silver are vastly undervalued.Im not a financial advisor and I cant tell you what to do‚ but I can look at historical data and I can easily see that the current price of Gold and Silver makes no sense unless.its being manipulated.Now who would want to do that?And the more important question: will it go on forever‚ or do the manipulators eventually release the stretched rubber band and ride an explosion up?Ive youve been paying attention in life‚ you know the answer.You know these crooks on Wall Street manipulate things down‚ then they load their boats‚ then they manipulate them up into a bubble.Where are we in that process right now for commodities like Gold and Silver?Right exactly where I placed that star up above. = You Are HereThe Big Boys are loading their boats.But thats not just my opinion.Im a nobody.Listen to Andy Schectman who is an expert on these things and he lays it out PERFECTLY in two minutes.Heres my rough paraphrase:A concerted effort by the very powerful to use the suppression of commodities (gold‚ silver‚ but also a long list of all other commodities)these countries are not complaining about suppressed low prices yet because theyre accumulating! But once it becomes obvious that the availability of these commodities is very scarce and no one wants to sell at these make believe prices then the public says OMG‚ what have we been missing? And maybe that all happens in concert with a breakdown of the banking system‚ then the public says give it to me now and thats when youll see the circuit breakers be put into affect. But at that point its too late.Oh my!Its so much better to listen to him explain it in his own words.Its just 2 minutes long.Watch here (as presented by my friend the Digital Asset Investor):Comex 589 pic.twitter.com/uPzrOGXhZ5 Digital Asset Investor (@digitalassetbuy) September 11‚ 2023But its not just Andy either.Its this latest interview over at SGT Report.Sean does such a great job over there of interviewing people on topics the MSM doesnt want you to see‚ and his latest is called $1‚000 Silver Seriously‚ Stop Laughing.Theres actually a lot of history that goes into that quote and this was a great discussion by four very smart individuals.Watch here:Ive been sounding the alarm for a while nowHave you taken action?As always‚ theres one thing I always say and its never been proven wrong: Watch what they DO‚ not what they SAY.Who is they?The same people Andy Schectman was talking about.Big Governments.Central Banks all over the world.Big Business.What are they doing?They are LOADING THEIR BOATS with as much Gold and Silver as they can find and theyre laughing all the way to the bank because theyre buying at what Andy says are make believe prices.Are you?After the Great Financial Crash of 2008‚ I made a decision.From that point forward‚ I would simply do what the Big Boys were doing.I would simply watch what theyre doing and copy it.Oh‚ and if they had Jim Cramer telling people the OPPOSITE (i.e. Cramer says Gold is a loser‚ but the Central Banks are buying with both fists) that was usually the perfect confirmation I needed.So thats been my strategy since 2008 and its worked very well for me.So‚ what can YOU do to protect yourself?To protect your family?To stay safe?Simple: you need to get some #Gold or #Silver in your own possession.Its called physical gold and silver.Not paper traded garbage on the stock exchanges that isnt backed by anything.Dont touch that stuff.I have two special hook-ups for you.Both involve PHYSICAL gold and silver.Because if you do NOTHING else‚ make sure you own physical gold and silver‚ not paper contracts.The paper contracts (like stock ticker SLV and GLD) could very well go POOF one day and disappear or go to zero‚ because theyre not actually backed by the gold and silver they claim to represent.Its a massive game of musical chairs out there and when the music stops (and I think it will stop soon) people who only own paper might find themselves owning something not worth the paper its literally written on.And I know youll never forget it if I give you this GIF so.Lets Get Physical:NowWHERE do you get physical gold and silver and how do you know its real and safe?And that youre getting the best price?Oh‚ and how about personal one-on-one real customer service?You know‚ like you were some Big Wig millionaire at Goldman Sachs who could just call their personal banker and get help?Thats what Im about to tell you.I have two killer connections for youThe first is for purchasing gold and silver bullion.That means bulk bars.Thats the cheapest and most economical way to do it‚ to stretch your dollar into as much gold and silver as possible.The website is called WLT Precious Metals and when you see my logo in the top left-hand corner‚ youll know youre in the right place.Youll get a personal phone call with Ira Bershatsky (or someone on his team) and they will work with you free of charge for as long as needed to answer any questions you have and get you taken care of.How about that!You dont see that much anymore‚ but Ira and his team pride themselves on good old-fashioned real customers service:No sales pitch‚ just real‚ actual help.And the best prices you will find.Heres the only disclaimer I will give you: because they do pride themselves on dedicated service‚ it might take a few days before you get a phone call back. Just be patient.Good things come to those who wait!You can contact Ira and WLT Precious Metals here.Ok‚ that was #1.Now I want to tell you about option #2.An equally great company‚ I am so happy to be working with these guys.This next company is called Genesis Gold and this is for people who want to purchase real physical gold or silver in their IRAs (Investment Retirement Accounts).You know what the beauty of that is?TAX FREE baby!Im not a tax advisor‚ but thats a general oversimplification.Never pay more taxes than you are legally required to pay.And thats why I love getting gold and silver in my IRA (and why I hold a large chunk in an IRA myself!).Theres so much to love about Genesis Gold‚ starting with the fact they are proudly and un-ashamedly Christina!They call it Faith-Driven Stewardship and they put it right on the homepage of their website along with a quote from Ezekiel:Wealth Preservation With Gold &;amp; Silver The Genesis Gold IRABy your wisdom and your understanding you have made wealth for yourself‚ and have gathered Gold and Silver into your treasuries EZEKIEL 28:4Genesis Gold Group believes the Bible gives clues on how man-made currencies (paper money) represent instability‚ and a lack of virtue and encourages living wastefully in excess.Conflicts have beleaguered us since the dawn of civilization‚ and they can all be encapsulated into one battle. The battle is between currency‚ man-made paper‚ and gold and silver the two precious metals found in our Earths crust‚ sent to us by our Lord to use as money. Man-made currency always leads nations down the path to increased war‚ greed‚ and ultimate collapse. History has shown that abandoning gold and silver has always been a bad idea. Gold and Silver enforce discipline‚ nurture self-constraint‚ self-reliance‚ and balance‚ and lead to confidence‚ a restrained government‚ and a more stable foreign policy.Genesis Gold Group believes in empowering faith-driven stewardship with Gold &;amp; Silver are an integral part of a balanced portfolio. Protecting your finances with precious metals has never been more crucial during these trying times.With a combined 50-plus years in the precious metals industry‚ let your Genesis gold and silver experts guide you through the simplicity of asset protection and growth with our Genesis Gold IRA.Sincerely‚Genesis Gold GroupEmpowering Faith-Driven StewardshipOh.and theyre VERY good at what they do.You also get physical gold and silver with Genesis‚ believe it or not! The gold and silver is purchased for you (in whatever combination of coins and bars you prefer‚ a picture taken and sent to you‚ and then stored safely in a vault for you!I love what these guys are doing.Heres more on why gold and silver in your IRA are so powerful:You can contact Genesis Gold here.They are also very backed up with record demand‚ so you may have to wait a bit‚ but someone WILL get in touch with you for personal customer service and assistance!Tell em Noah sent ya!Oh‚ and did you know Genesis is recommended by SUPERMAN himself?Its true.Superman himself‚ Clark Kent Dean Cain came on my show a few weeks ago and we broke it all down:Watch here:Stay safe!Make sure you can weather the storm when it hits!Because the storm always hits eventually‚ doesnt it?As for me and my house‚ we will be ready.