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Benzinga
Benzinga
Business
Piero Cingari

Gold Is The 'Physical Bitcoin,' And Prices Could Rise To $10,000: Ed Yardeni

Buying Gold Now? Key Risks And Red Flags Explained

Almost every day, a new gold price forecast hits the wire — but what dropped Thursday from Ed Yardeni could make even the bulls blink.

Veteran Wall Street strategist Ed Yardeni declared that gold may be headed to $10,000 per ounce by the end of the decade or sooner, calling the metal "physical bitcoin" in a sharply worded note that questions the staying power of digital assets in an increasingly unstable world.

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