Gold Is The ‘Physical Bitcoin,’ And Prices Could Rise To $10,000: Ed Yardeni
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.
“Bitcoin has been described as ‘digital gold,’ but we see gold as ‘physical bitcoin,” Yardeni wrote.
The implication: while Bitcoin may still be popular among risk-tolerant investors, gold is emerging as the true go-to asset in a world now defined by de-dollarization, sanctions risk, and trade upheaval.
Chart: Bitcoin’s 2025 Gains Pale Compared To Gold
Gold Surging Past Targets — And Bitcoin Left Behind
So far in 2025, gold – as tracked by the SPDR Gold Shares (NYSE:GLD) – has soared more than 60%, marking its best year since 1979, while Bitcoin (CRYPTO: BTC) has gained just 20%, underperforming precious metals.
“The surging gold price has already exceeded our year-end target of $4,000 per ounce,” Yardeni said in a note.
With metal trading well above that level, the expert now predicts $5,000 gold by 2026 and potentially $10,000 by 2030 or …
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