The author of "Currency Wars" predicts that gold prices will reach $10,000 and silver may reach $200 by 2026.

and reports from Gelonghui, economist, financial analyst, and bestselling author of "Currency Wars" Jim Rickards stated that he would not be surprised if the price of gold reaches $10,000 and silver rises to $200 by 2026. He said that various factors driving the entire precious metals market, led by gold, will continue to play a role next year:1. The traditional drivers behind the current gold bull market — namely demand from central banks around the world and relatively stagnant supply — will remain effective for a considerable period in 2026.2. A surge in new, non-traditional factors could push prices even higher. Rising demand from institutional investors — including sovereign wealth funds and endowments — may drive prices up again.3. Geopolitical risk aversion — recent moves by Europe to seize Russian assets may also be influencing gold demand, as some countries have begun to hedge against potential US asset seizures through gold allocation.