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Market strategist Nick Santiago from InTheMoneyStocks.com expects gold to break out in the next two or three years and to rise to $5000 – $7000 by 2027.
Physical precious metals is the currency of choice, says Santiago. He says gold and silver mining equities are good for speculation.
Santiago is bullish on the stock market, with the caveat that investors should think of it as a speculation opportunity. “The buy and hold theory is going to be very, very tough.”