Tag Archives: gold price forecast

When we witness a break of the $1,400 resistance, we expect to see a continuation of the gold bull market with a long-term target of $2,700. Here's why.

The purpose of gold is to protect purchasing power and hedge against inflation but gold is not immune from speculative bubbles and overvaluation and when the price of gold is compared to the CPI index it is clearly evident that gold has become overvalued.

All signs are now flashing that we have just seen the end of the correction in gold. The fundamental economic and geopolitical backdrops are in place already.The opportunity looks to be significant in the precious metals market over the coming years.

Gold will NOT break the psychological level of US$1,000 in the first quarter of 2016 because this precious metal has three buy signals (daily, weekly and monthly). The last one is dated February 29th, 2016 at US$1,237.76!

My new analyses of gold & silver suggests they will both show renewed weakness before jumping dramatically in price by the end of 2016/early 2017 - to $3,500 and $90 respectively . Below are the specific details (with charts).

The latest 94-page In Gold we Trust report from Incrementum AG is must reading for anyone interested in gold and its likely future path. Here is a 1-page executive summary.

I believe gold prices will fall hard between now and the U.S. election in November 2016 - to as low as $400 per troy ounce. Below are 11 sound reasons [really??] why.

Gold is technically set up for a massive rally to $7,000 to $9,000 per ounce in three to five years based on a collapse of confidence in the dollar and other forms of paper money.

Is gold still cheap? No, gold left bargain territory long ago [but] we remain bullish on gold, not because we think gold is still cheap, but because we expect it to get a lot more expensive. [Why?] Because the world's most important central banks and governments remain committed to a course that ends in catastrophe for their economies and currencies. [Let me explain further.] Words: 565

Lately analyst after analyst (161 at last count) has been climbing on board the golden wagon with prognostications as to what the parabolic peak price for gold will eventually be. That being said, however, only 33 have been bold enough to include the year in which they think their peak price estimate will occur and they are listed below. Take a look at who is projecting what, by when and why.