Our Elliot Wave analysis of gold suggests that an ideal setup for a broad advance cycle may eventually push price levels to $5,000 and above.
Read More »Updated Gold Forecasts: 62 Analysts See $3,000; $10,000; $20,000 – Even $50,000 (+11K Views)
More and more analysts are projecting that gold will be going at least as high as $3,000/ozt over the next few years. One analyst even claims that gold will spike at $87,500/ozt.! Below is a revised list of their names and stated rationale for each of their forecasts.
Read More »Gold: $3,000 – $5,000 Possible By 2022; Here’s Why (+12K Views)
The future price of gold is very much dependent upon the reactions of governments and central banks regarding the current deflationary forces. $3,000 - $5,000 per ounce is quite possible at some time in 2020 – 2022, if not sooner.
Read More »Silver Could Hit $150 A Troy Ounce – Here’s Why (+5K Views)
...A collapse of the U.S. dollar is inevitable. The U.S. Dollar Index has been bouncing off of four-year lows for the past several weeks but this cannot last much longer with a global trade war and U.S. equity correction looming....The U.S. dollar and fiat currencies are in trouble, hinting that gold and silver prices could again go screaming higher...[as] the two still generally trade inverse to each other and, while gold is perhaps the safest way to hedge against a falling dollar, the most profitable option is silver.
Read More »$5,000 Gold Is Necessary to Re-establish A Gold Standard – Here’s Why (+4K Views)
I conclude that to re-establish a new gold exchange standard probably would require a gold price of about $5,000 and that begs the question: "What would re-establishing a $5,000 gold standard mean for inflation?"
Read More »Gibson’s Paradox and the Price of Gold (+3K Views)
One of the most controversial topics in investing is the price of gold with many goldbugs saying that gold will soon break $2,000, then $5,000 and then $10,000 a troy ounce but, frankly, how can anyone reasonably calculate what the price of gold should be when they don't understand the factors that drive gold? So let me explain.
Read More »Debunking the Misinformation & Telling the Truth About Gold & What the Future Holds (+3K Views)
A meme is now circulating that gold is the investment equivalent of a pet rock, and that the smart investor should sell gold, and buy stocks. That’s a ridiculous notion. In fact, if you believe in buying low and selling high, this is the time to buy gold, and sell stocks.
Read More »A Gold Mania Is NOT Imminent – But It IS Inevitable (3K Views)
While governments have consistently damaged their economies ever further, the house of cards, however shaky, is still standing. If and when the markets crash and currencies collapse, however, there will be a dramatic rise in the price of gold. Here's why.
Read More »Gold Could Jump To $5,000 Within Minutes! Here’s How & Why (+2K Views)
A central bank’s worst nightmare is when they want inflation and can’t get it. The Fed’s tricks have all failed. Is there another rabbit in the hat? Actually, there is. The Fed could announce that effective immediately the price of gold was $5,000 per troy ounce which would cause massive inflation within 15 minutes.
Read More »These 148 “Analysts” Prove That Gold Price Forecasts Are Just Wishful Thinking
A few years back I published an article that itemized what 148 supposed experts of the day were predicting for the future price of gold and as it turns out none of them – not one – knew what they were talking about. By trying to do so they were all playing a fool’s game, a game reserved for the brave but foolhardy.
Read More »