Meet the Hard Asset That’s Bigger Than Apple, Nvidia, and Microsoft Combined. One Wall Street Strategist Thinks It Could Hit a $40 Trillion Market Cap.
From Yahoo Finance: 2025-04-01 08:05:00
Investors have poured money into Apple, Nvidia, and Microsoft due to their AI potential, pushing their combined market cap to over $9.2 trillion. Surprisingly, gold’s value has soared, surpassing $20 trillion market cap. Analysts predict gold could reach $40 trillion. The U.S. debt and deficit are driving investors to gold as a safe haven asset.
Market strategist Luke Gromen believes all signs point to gold, as central banks have shifted from U.S. Treasuries to gold. Gold’s price per ounce is around $3,040, with potential to reach $6,000 and a $40 trillion market cap. Gromen attributes the bullish outlook to the U.S. fiscal situation and weakening dollar policies.
Analysts are issuing “Double Down” stock recommendations for companies like Nvidia and Apple, with past investments yielding significant returns. Investors are encouraged to seize the current opportunity before it’s too late. Stock Advisor returns highlight the potential for substantial gains, emphasizing the importance of timely investments. One Wall Street strategist believes there is a hard asset that could surpass the market cap of Apple, Nvidia, and Microsoft combined. The asset is projected to hit a $40 trillion market cap, according to the strategist. This potential investment opportunity is generating significant interest among investors.