Gold Prices Could Surge to $10,000 Because a War Is Coming, Top Expert Predicts

September 3, 2017

New York (Sept 3)  North Korea enjoys testing bombs and riling up the international community. The antagonistic country claimed on its state run news station Sunday that it has tested a hydrogen bomb. It marks North Korea's sixth nuclear test ever.

North Korea is days removed from firing a missile over northeastern Japan.

The country's actions have put the spotlight on owning gold -- the yellow metal has popped about 5% since early August to $1,324 an ounce.

Best-selling author of Currency Wars Jim Rickards thinks the gold rally is just beginning.

"The bigger picture, the one I'm looking at, is that gold hit an interim low on Dec. 15 and it has been grinding higher ever since. It's one of the best performing assets of 2017,' Rickards said in an interview. He added that gold could eventually touch $10,000 an ounce.
'People seem to have very short attention spans. I'm just looking down the road and you can see the war is coming,' he said.

TheStreet

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