Gold price: Here's why the yellow metal could double, and the best ways to buy it

For thousands of years, the most popular investment was gold: the prettiest metal you could bend, re-form, bury and reuse endlessly.

And even though investors have many more options nowadays, gold still has its champions.

One hedge fund manager, who predicted the metal’s rise to an all-time high of $2,000 per ounce last summer, is confident the price could climb to $3,000 to $5,000 an ounce in the next three to five years.

With the yellow metal sitting near $1,750 after a more than $40 drop on Thursday ⁠— its biggest fall in six weeks ⁠— now might be an opportune time to follow his lead.