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- April 15, 2026
“Gold To $6,000?” - Top Banks BACK Explosive Price Surge Predictions
Episode Stats
Length
8 minutes
Words per minute
193.00647
Word count
1,551
Sentence count
76
Summary
Summaries generated with
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Transcript
Transcript generated with
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turbo
).
00:00:00.000
Will gold reach 6,000 this year?
00:00:03.060
Top three prediction about gold prices, okay?
00:00:06.720
So, one, gold will surpass 6,000 this year.
00:00:10.380
I think that is by J.P. Morgan Chase.
00:00:12.580
They're assuming that gold will hit $6,300 in 2026.
00:00:19.540
Of course, it's been very volatile, Rob.
00:00:20.940
Can you find out what it is right now, exactly right now,
00:00:23.240
what's gold prices as you're going through?
00:00:25.800
So what drives gold prices?
00:00:27.000
Inflation is one.
00:00:27.680
The change in prices, according to Yahoo Finance,
00:00:30.000
goods and services, one of the most significant
00:00:32.580
drivers for gold prices. Instability,
00:00:34.560
geopolitical issues affect gold
00:00:36.500
rates, even like wars, higher
00:00:38.400
tariffs, trade disputes can trigger
00:00:40.160
surge in gold prices, economic
00:00:42.280
uncertainty, recession, stock market
00:00:44.140
fluctuations, and higher unemployment.
00:00:47.140
And while we're going through this
00:00:48.400
and we're looking at these numbers,
00:00:50.440
more stuff came out. I want to kind of read
00:00:52.420
this to you because, you know,
00:00:54.360
to find out what percentage
00:00:56.360
of Americans own gold,
00:00:58.400
I was surprised by the number.
00:01:00.000
Gold rose 64% in 2025, one of the greatest single-year performances for any major asset class.
00:01:05.700
It set 53 new all-time highs in 2025, surpassed $5,000 in central bank holdings.
00:01:12.060
The annual price of gold in 2025 was at $34.31, up 43%.
00:01:17.860
Right now, I think it's at $48.49.
00:01:20.500
The high it hit was $54.19, a 14% drop in three days is what it had recently.
00:01:26.760
JP Morgan said it's going to hit $6,300.
00:01:28.860
UBS says $6,200.
00:01:30.860
Deutsche Bank says $6,000.
00:01:32.640
Morgan Stanley says $5,700.
00:01:34.580
Goldman Sachs says $5,400 as you're looking into this.
00:01:38.080
And only 10.8% of the U.S. population currently invests in physical gold,
00:01:42.580
bars, billions, and coins versus 62% who own stocks.
00:01:47.040
Do you think it's going to hit $6,000 this year?
00:01:49.760
That's a little bit above my base case, but I wouldn't be shocked if it did.
00:01:52.540
I mean, I've been structurally bullish on gold since 2018.
00:01:55.840
But even as a bull, I would not have guessed we would have seen 5,000 as quickly as we did.
00:02:00.340
I think this consolidation has been healthy.
00:02:02.340
I started getting pretty nervous when it's going vertical, even as a bull.
00:02:06.260
There's a number of factors here.
00:02:08.180
I'm not as bullish at these levels as I was when gold had a 1 in front of it, the 1,300, 1,500 back then.
00:02:15.180
But I don't view it as a bubble currently because I think what we've basically gone,
00:02:18.940
we've gone from structurally undervalued to right about a level that makes sense.
00:02:23.300
i mean it can grind higher from here i wouldn't be surprised if it cracks a little bit but i think
00:02:27.820
it's more reasonably valued now and there's a number of factors one is when you print a ton
00:02:31.720
of money uh it finds its way eventually into the kind of the scarcest assets like i mentioned
00:02:36.140
before some things were way better at making the supply of when there's a when there's a big
00:02:39.420
mismatch with gold almost no matter what price it goes to overall production doesn't really grow by
00:02:45.440
more than like two percent a year uh based on most estimates compared to the amount of refined gold
00:02:49.080
we have um so you can pour a lot of money into it and that supply angle still very very slow to
00:02:54.460
change um uh and two we have seen over time more and more kind of central bank interest in gold
00:03:00.220
we had this long period where they were for decades they were buying less gold more treasuries
00:03:04.620
uh we started to see that kind of bottom out um and while they're not you know they're not like
00:03:09.400
going out there rapidly selling the treasuries but around the margins they're saying instead of
00:03:12.680
adding to my reserves and treasuries i'm going to add some tonnage of gold because that's that's
00:03:16.460
money they can hold in their own jurisdiction uh it can't be you know frozen or sanctioned with the
00:03:20.980
stroke of a pen uh it's got that inherent debasement protection you know they don't they
00:03:24.740
don't want to have t-bills earning four percent when you know money supply is growing at a much
00:03:29.000
higher rate than that they'd rather have gold uh at least as a higher percentage than they did at
00:03:33.180
the bottom so i think yeah there's a structural bid um and i i think it's going to grind higher
00:03:38.280
over time you know six thousand a little bit of above my estimate but it can always move faster
00:03:42.820
than Tom think. Well, as you know, I'm not a deep gold guy like a Peter Schiff. I recognize it as an
00:03:51.020
inflation hedge. But what I look at is I look at why are people putting the estimates? I don't just
00:03:56.800
look at the headline numbers, which get put out there for people to snack on. I really read into
00:04:01.020
them. And JP Morgan made a very, very compelling case that Lynn just kind of touched on one of
00:04:06.680
sub points here and that is central banks buying creates demand for the scarce asset and that's
00:04:12.880
going to drive the price because because central banks tend to be more long focused so they're not
00:04:18.980
as sensitive to the inflation of price that they're creating by their demand as maybe the
00:04:24.760
others in the market would be that are you know short-term trades in and out so if central banks
00:04:31.200
go to gold because of the dollar and the euro and global currencies having issue and uncertainties
00:04:41.180
in the economies that support those, then I could see it going to 6,000. But if it goes to 6,000,
00:04:48.380
I don't like what the rest of the economy and the rest of the world looks like. If it goes to 6,000,
00:04:53.640
because I would assume that central banks are reacting to a difficult situation. But I'm not
00:04:59.540
as structurally deep on gold as share and leadership.
00:05:05.980
Yeah, I think a lot of it, too, is that they just classified gold as tier one capital.
00:05:11.080
The only other thing aside from treasuries, it was treasuries for a while.
00:05:13.360
So central banks have been collecting it for that reason.
00:05:15.580
I think China's been hoarding a lot of it, too, because they're trying to make a move
00:05:18.600
as the next reserve currency.
00:05:20.700
I don't think that's possible because I don't think people would trust them enough for that.
00:05:23.540
But, you know, with all the economic instability, the question of the dollar and the petrodollar,
00:05:28.260
I think that's being put in question, too.
00:05:29.740
I don't think it's a coincidence that this started happening
00:05:32.020
when the tariffs were going into effect,
00:05:33.700
when we started having problems in the Middle East.
00:05:36.260
And when it happens, it happens fast
00:05:38.420
because there's such a small amount of gold in the world
00:05:40.660
that just the sheer narrative of it going up fast
00:05:44.020
creates the reinforcing effect of it.
00:05:46.280
But, I mean, the M2 money supply grows like 8% every year.
00:05:50.520
So I think that's, like, however much the M2 money supply
00:05:53.240
has grown since we got off the gold standard,
00:05:55.180
like, that's probably where gold should be,
00:05:56.680
which is much higher than it is right now even much higher so you think and higher even more
00:06:01.840
than 6 000 if we were to match it up to like the amount of money that's been put into the economy
00:06:05.060
it's probably higher than it is today by a lot but that would be in state unstable this is an
00:06:09.940
interesting poll rob ran a poll where are the majority of your investments gold silver crypto
00:06:15.180
stocks you know what percentage is gold 10 14 okay when i sell my business i want the best tax
00:06:23.160
and investment advice.
00:06:24.420
I want to help my kids
00:06:25.180
and I want to give back
00:06:26.260
to the community.
00:06:27.560
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00:06:31.920
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00:06:35.360
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00:06:49.320
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00:07:22.260
Excuse me.
00:07:23.400
8% silver, 16% crypto, 62% stock.
00:07:27.320
So some people, majority is crypto and gold.
00:07:32.120
Silver is the lowest.
00:07:33.360
It's interesting.
00:07:33.880
It's interesting seeing what's going on with some of the people out there
00:07:35.860
when it comes down to that much in gold.
00:07:38.480
I have gold.
00:07:39.240
I have hard asset gold.
00:07:40.920
I like the bars.
00:07:42.220
I like having that set aside.
00:07:44.520
And you pick a few up and set it aside,
00:07:47.320
and you don't know what's going to happen.
00:07:48.160
purely long-term if you're doing short-term investments you want to time the market
00:07:51.600
it's the wrong investment you're buying gold the similar way you buy life insurance right
00:07:56.400
it's a different kind of an asset you're picking up
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