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Gold prices could reach $4,400 in the first half of 2026, says TD Securities' Bart Melek
Youtube·2025-10-08 19:21

Gold prices clo closing above 4,000anounceforthefirsttimeever.AtaneventinConnecticutyesterday,legendaryinvestorRayDalliosaidthatthecurrenteconomicenvironmentremindshimoftheearly1970swheninflation,heavygovernmentspending,andhighdebtloadserodedconfidenceinfiatcurrencies.Hesuggestedpeopleshouldconsiderallocating154,000 an ounce for the first time ever. At an event in Connecticut yesterday, legendary investor Ray Dallio said that the current economic environment reminds him of the early 1970s when inflation, heavy government spending, and high debt loads eroded confidence in fiat currencies. He suggested people should consider allocating 15% of their portfolios to gold.This morning, gold is up another 1.3% of 4,056 an ounce. And joining us right now to talk talk about it is Bart Melik. ...