Investors Could Pump Another $2 Trillion to $3 Trillion into Gold

Gold investments are expected to remain strong, especially with investors set to pump $2 trillion to $3 trillion into the market, as noted by Forbes.

One of the biggest reasons for that is the long-term damage to economies and massive increases in government borrowing, as a result of the pandemic.  In fact, according to a recent report from precious metals manager, Sprott, as noted by Forbes, “a mere 20% of investors make allocations to gold, which is at the small level of around 1-2% of those investors’ assets.

However, Sprott now sees the portion of investors wanting gold doubling to 40% and likely wanting to allocate 3-5% of their assets to buy the metal, on average.”  If that’s the case, that’s where the $2 trillion to $3 trillion comes into play.