00:00what if i told you that the piece of gold in your ring or the coins in your vault are
00:05about to become the most hunted assets on the planet while the stock market wobbles and currencies fluctuate a massive
00:14prediction from ubs has sent shockwaves through wall street
00:18gold is projected to hit an unprecedented six thousand dollars per ounce but why now and what does this mean
00:27for the u s dollar
00:28the world's biggest investment banks led by ubs are revising their forecasts as the federal reserve
00:37struggles to balance interest rates at 3.75 percent inflation isn't cooling down as fast as expected
00:46when the dollar loses its purchasing power investors flee to the safe haven for centuries that's been
00:54gold but this time it's not just a slow climb it's a vertical jump psychologically gold represents more
01:04than just a metal in times of crisis our brains trigger a wealth preservation instinct we stop
01:12looking for growth and start looking for survival this collective flight to quality is what creates
01:19a self-fulfilling prophecy as more people buy out of fear the price skyrockets proving their fear right
01:27we are currently witnessing the largest wealth migration in modern history so is six thousand dollars a reality
01:36or just a sensational headline if inflation persists and the conflict escalates six thousand dollars might just
01:44be the beginning whether you're a seasoned investor or just curious about the economy one thing is clear
01:50the era of cheap gold is officially over stay tuned as we track the feds next move don't forget to
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