Macquarie Group analysts predict gold could reach a record high of $3,500 per ounce in the third quarter, averaging around $3,150 during that period. Currently trading at $2,940, gold has already risen 12% this year amid geopolitical uncertainties and concerns about President Trump’s tariff policies. The analysts attribute this bullish outlook to growing investor preference for gold’s lack of credit or counterparty risk, with additional support expected from a potentially widening U.S. deficit and resilient physical demand despite high prices. Both Goldman Sachs and Citigroup have also raised their gold targets to $3,100 and $3,000 respectively.

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Gold at $5,000–$10,000? The U.S. Debt Spiral Is Coming
The latest Gold Silver Show with Mike Maloney and Alan Hibbard tackles one of the most staggering realities of our time: America’s runaway national debt. At more than $37 trillion — and climbing by the second — the numbers are almost too big to comprehend. But as Mike and Alan show, the consequences are impossible to ignore. A Debt That Reaches the Moon Put simply, today’s debt is astronomical. A stack of $37 trillion in dollar bills would reach the moon ten times over. Per citizen, the burden now tops $108,000 — closer to $300,000 if you count only taxpayers.