After gold reaches five thousand dollars, China has the gold that is like real gold, and here gold will be released.

Edward Dowd believes that gold is no longer just a speculative tool but has recently shifted into a top-tier cash asset following the final implementation of Basel III rules around the world earlier this year, which he believes paves the way for a long bullish trend that could push it to $10,000 an ounce.
David, the co-founder of Finance Technologies and former director at BlackRock, explained that gold is now repricing what he considers the end of the global sovereign debt bubble.