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Coming Real Estate Collapse & $2000 Gold

Dec. 10, 2020 12:55 PM ET
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.


  • Issues with convention hotels and other commercial real estate due to the economic shutdowns.
  • Expiration of CARES act programs.
  • How adding gold to a portfolio will stabilize the volatility.

Coming Real Estate Collapse and $2000 Gold

Robert Kientz, Gold Silver Pros, speaks with Nick Barisheff and they discuss why he thinks we will reach $2000 gold soon due to the coming real estate market collapse.

They discuss issues with convention hotels and other commercial real estate due to the economic shutdowns. They also discuss coming bankruptcies and revisions in the residential markets.

The collapse in real estate will likely lead to a black swan in the banking system. Real estate failures will lead to debt defaults and growing stress in the banking system.

They also discuss the expiration of CARES act programs and how the government is going to blast the economy with $1-2 trillion in new stimulus in 2021.

Robert and Nick speak on the manipulation in the futures markets and how this affects the current gold price. Despite that manipulation, gold has been averaging 10% returns over 20 years.

Gold has served its role in absorbing the 9-10% inflation rates that economists such as John Williams of Shadowstats has been reporting.

Nick also discusses how adding gold to a portfolio will stabilize the volatility while also increasing returns. But the vast majority of pension and hedge funds haven’t begun to invest in gold yet.

Gold is the ultimate portfolio insurance during economic recession and deflations.

Analyst's Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

I am president & CEO of BMG Group Inc.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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