Mark Skousen has long been a proponent of gold as an investment, highlighting its store of value and ability to fend off volatile economic markets. As the price of gold continues to soar, Skousen has recently elucidated his thoughts on what it would take for it to break the coveted $2,000 mark and remain above it. The primary factor in gold’s continued, long-term increase in value is global economic uncertainty. Low interest rates, fears of inflation, and general worry about the world’s economic health provide optimal conditions for gold prices to steadily rise. According to Skousen, gold needs long-term uncertainty about the future of the global economy in order to stay above $2,000 consistently. Gold’s increasing value is a direct result of supply and demand stagnation, and Skousen believes this needs to be part of the picture as well. Gold is generally a safe-haven asset, and when investors cannot trust other assets or currencies, gold’s safe-haven status gives it a unique advantage in the marketplace. As investors look for alternatives to traditional investments, they often turn to gold as a way to hedge their risks against market volatility. In order to understand the potential for gold prices to stay above $2,000 consistently, Skousen believes that one needs to consider other markets as well, like the U.S. dollar. A weakening dollar could provide additional fuel for gold prices, as it has in the past. Overall, Skousen believes that an environment of long-term economic uncertainty, combined with a waning U.S. dollar, can drive gold prices above the $2,000 mark and keep them there. Although this may sound like an unlikely scenario, given current economic conditions and investor sentiment, it may not be so farfetched after all. By considering the factors that Skousen has highlighted as necessary for gold to break the $2,000 mark, investors can better understand the market’s prospects for gold investment. Skousen is right to point out that current circumstances – low interest rates, growing investor anxiety, waning U.S. dollar, etc. — may provide just the right elements that could propel gold to unprecedented heights.