Eric Sepanek
SBC Founder
Eric Sepanek is the founder of Scottsdale Bullion & Coin, established in 2011. With extensive experience in the precious metals industry, he is dedicated to educating Americans on the wealth preservation power of gold and silver.
With gold barreling past the $3,000 psychological barrier for the first time in history, BMG Group is confidently raising its price target to an ambitious $4,000. CEO Yvonne Blaszczyk says the “price is going to rise dramatically” over the next year due to an upheaval of global financial systems, economic instability from trade wars, and accelerating central bank demand.
Gold’s Multi-Factor Rally
Before diving into specifics, Blaszczyk takes the time to highlight gold’s multi-faceted rally. “Gold is going to go up in value…and it will continue…for [a] variety of reasons,” she explains, “We cannot attribute [it to] one factor, you have to look at the total geopolitical and financial structure.”
More than simply capturing what’s driving gold’s rally, this analysis underscores the stability and structure behind the record-busting surge. Rather than reacting to sudden shocks or short-term developments, gold is climbing higher on sound investment fundamentals, sustained demand, and worsening conditions across economic and geopolitical environments.
Shifting Global Monetary System
Gold has been the primary beneficiary of a collapsing global financial system. Although the de-dollarization movement is decades in the making, the trend has accelerated since 2022. The launching of widespread sanctions against Russia following its invasion of Ukraine sparked a seismic shift in the worldwide monetary structure.
Dollar weaponization spurred the use of foreign currencies in international trade and the development of non-Western payment systems. Unlike Deutsche Bank, BMG Group doesn’t foresee the US dollar losing safe-haven positioning but still warns it “will have to share that status…with another currency or another form of exchange.”
This growing multipolar financial landscape strengthens the case for gold as a neutral, globally recognized store of value. The growing appeal is evidenced by the rapid increase in gold accumulation by central banks over the past few years and the spike in gold price predictions for 2025.
Europe Comes Under Pressure
The looming threat of a hostile Russia and an isolating US puts the European project in jeopardy. Although de-dollarization has concentrated among BRICS nations, the Western world is at risk of fracturing, too. As Blaszczyk explains, “The economic, political, and social pressures could basically break up the union.” She suggested some countries may revert to local currencies, potentially backed by gold.
Tariffs Throw Fuel on the Rally
Markets were already on edge following years of pandemic-era spending and resulting inflationary fallout. Trump’s launch of a tariff-focused trade war only added fuel to gold’s momentum. BMG Group’s CEO says this economic leverage “will create…fear, more chaos, more instability, which will affect [gold] positively.”
Central Banks Pour Into Gold
Central bank demand is “a very significant factor in understanding where gold is,” according to Blaszczyk. With annual consumption reaching over 1,000 metric tons for the past three years in a row, governments have been one of the primary forces underpinning the yellow metal’s meteoric rise over this period.
National investors have been pouring into gold to shield their economies from dollar weaponization and weakness, the collapsing global financial system, and a rapidly deteriorating geopolitical climate. Since retail investors usually follow in the footsteps of central banks, another influx of purchases is expected to further bolster gold’s rally.