When we first made projections about the expected performance of gold for 2024 and beyond, it was a conservative estimate to suggest gold should average 12% or more per year for the next decade.
I wonder if a rogue actor, using an A.I. Agent could perform Asset Terrorism, where they lower or raise prices of commodities or hard assets into infinity? What prevents that mechanism to happen? What are assets worth to A.I.? A.I. needs energy so, does it want prices to be as high as possible or as low as possible?
12 % annually would make a double in just 6 years = 5000 $ +....
and then double again to 10000$ + + in 10 years....and maybe overshooting a some stage...
the rules of 72 = 1 % interest take 72 years to Double...i.e 8% take 9 years = 8*9=72
Love this MATH ...BANK on it...
I wonder if a rogue actor, using an A.I. Agent could perform Asset Terrorism, where they lower or raise prices of commodities or hard assets into infinity? What prevents that mechanism to happen? What are assets worth to A.I.? A.I. needs energy so, does it want prices to be as high as possible or as low as possible?