Grant Cardone on Why Gold Prices Will Plummet (Part 4)

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In a recent conversation, entrepreneur Grant Cardone shared his bold prediction that gold and silver prices are set to plummet. Cardone points to technological advancements, especially in robotics and space-based energy, as key factors that will drastically increase precious metal supplies. He highlighted how robots, like Tesla’s upcoming Optimus models, will revolutionize mining by efficiently extracting resources on land and even from the largely unexplored ocean bed.

Cardone also cited the declining value of lab-grown diamonds as a parallel for how synthetic alternatives can disrupt traditional precious markets. With continuous discoveries and automated mining, he believes supply will outpace demand, causing prices for gold and silver to tumble despite population growth.

He stressed that unlimited energy from space-based solar panels and AI processing could further fuel this resource boom, signaling a fundamental shift in how we value traditional stores of wealth like gold.