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GOLDMAN SACHS TURNS ON BITCOIN LIKE IT WAS a FAKE BOYFRIEND: Raises Gold Forecast to $2,900 by 2025 While Crypto Continues Its Epic Crash!

A  Goldman Sachs analyst is shown dumping Bitcoin into a trash can while holding onto a large pile of gold bars, with a rising graph behind them indicating an increase in gold's value.

How nice of Goldman Sachs to change its tune on gold just when everyone’s attention is elsewhere – namely, cryptocurrency, which continues to tank in value due to reasons that will become embarrassingly obvious once the crypto bros finally wake up and smell the coffee. Meanwhile, back at the adult table, financial institutions are taking a more measured approach to investing in something with actual inherent value: gold. Who knew? Goldman’s analysts must be rubbing their hands together in glee as they watch Bitcoin.com News scrambling to come up with new clickbait headlines every week while the price of real money keeps going up.

Source: bitcoin.com

In early September, analysts from the financial powerhouse Goldman Sachs projected that the price of gold would hit $2,700 per ounce by next year. Fast forward to a month later, and Goldman’s market strategists are now setting their sights even higher, forecasting gold to climb to $2,900 per ounce in 2025. Last month, Bitcoin.com News shared a prediction from Goldman Sachs commodity analysts, forecasting an 8% potential rise in the […]

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