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Gold to $3,000? Expert Warns of 'Worse' Devastation Than 2008 Financial Crisis!

August 12, 2024

Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, come on to discuss market turbulence that is affecting global equities and commodities, with a particular focus on gold. McGlone draws comparisons between today’s market conditions and the global financial crisis, suggesting this period could potentially be worse.

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In 1934 President Franklin Delano Roosevelt devalued the dollar by raising the price of gold to $35 per ounce.
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