Eric Wallerstein, an analyst at Clocktower, believes the stock market is headed for significant difficulties in the coming year. His outlook points to a period of potential instability for equity investments across the board.
Due to this expected market trouble, Wallerstein suggests that investors may seek safer alternatives for their capital. This shift in investment strategy could cause the price of gold to rise substantially, potentially reaching $6,000 an ounce as a result of increased demand from safety seeking individuals.