Thursday , 7 December 2023

Gold Will Go To $5,000 and the Dow To Above 27,000 by 2015 (+6K Views)

Warning! The forecasts you’re about to read are controversial, and many will say I have lost my mind. No problem. Many have said the same about me numerous times in the past but the forecasts I speak of today are based entirely upon my proprietary trading models that… have successfully guided me and the investors that have followed me through every twist and turn in the economy and markets… since I developed them in 1982. Words: 895

So says Larry Edelson ( in an article* entitled “Read This Now.” Below Lorimer Wilson presents further reformatted and edited [..] excerpts from the article for the sake of clarity and brevity to ensure a fast and easy read. (Please note that this paragraph must be included in any article reposting to avoid copyright infringement.) Edelson goes on to say:

I point this out not to brag, but merely to emphasize how important it is that you read on to learn what my models are saying now, and how seriously their messages should be taken. Here are the forecasts and what you should be watching:

1. The Dow will:
a) soar to between 27,000 and 44,000 by 2015!

Call me crazy, call me nuts but I’ve written about it before, and that kind of stock market inflation has happened in nearly every third-world and emerging economy on the planet. The only difference is that this time, it will happen in the FIRST world, and chiefly in the U.S. no matter what the economy does.

2. The U.S. Federal Reserve will:
a) print more money to inflate away the problems no matter how much it takes – whether it’s another one trillion, five trillion, twenty trillion, or even thirty trillion dollars – to try and turn things around
b) support the U.S. bond markets — and keeping interest rates at near zero — by forcing banks to buy U.S. bonds (like the Fed did during WWII)
c) slash reserve requirements and restricting foreign capital outflows with the end goal of massively DEBASING the U.S. dollar.

The Fed thinks that will eventually inflate financial assets higher recreating trillions of dollars of [new] wealth from which will flow new businesses, a wave of new innovation, millions of jobs being brought back, millions more new jobs being created, real estate prices appreciating once again, and more. In short, everything will be hunky-dory once again. If you fight the Fed on this, you’re going to lose your shirt.

3. Gold will:
a) explode to at least $2,300 an ounce through 2011 and 2012 and then
b) march to near $5,000 per ounce by 2015.
The driving force will NOT be inflation but, rather, the final recognition that the U.S. is broke beyond repair … that the Fed will print however many trillions of dollars it wants to paper over the mess and retain control for as long as possible …

What Investment Preparations Should One Take Now
[Given the above and that] the U.S. dollar is doomed as a reserve currency I suggest that you start preparing [for all such eventualities by deploying] the following steps – which I cannot over-emphasize enough:
1: Minimize your exposure to the stock market, right now. Get out of all stocks with the exception of core gold shares and other select natural resource, tangible asset stocks.
2: For any liquid cash you have, not earmarked for gold, keep it in safe, liquid, short-term investments such as money markets or put two-thirds of such cash into the iShares Barclays TIPS Bond Fund ETF (TIPS) and one-third into the Direxion Daily 10-Year Treasury Bear 3X Shares (TYO) inverse bond fund.
3: Use the upcoming weakness in the gold market to buy or add to positions via:
a) the SPDR Gold Trust ETF (GLD) (each share represents 1/10 of an ounce of gold. When you buy this fund, it’s like buying a mutual fund, but one that holds only physical gold. Plus, you eliminate storage and shipping worries because the gold is held in trust for you) or, if you’d rather buy a gold stock mutual fund, consider
b) the Tocqueville Gold Fund (TGLDX) or the Market Vectors Gold Miners ETF (AMEX: GDX) which holds 10 of the largest gold miners in the world.

Stay open minded and think dynamically going forward which means not accepting the status quo, not accepting mass hysteria, not following old models and old economic rules, and using “uncommon wisdom”. Period. That will be the only true way to both psychologically and financially survive not just the next few months, but also the next few years.




  1. I agree that gold will explode to near $5,000 within a couple of years, but I do not agree with the predictions about the DOW. Yes the DOW will crash soon but it will drop well below 8,000. There will be runs on the banks and we’ll be seeing Bank Holidays again. This will most likely coincide with a New World Order engineered war or even another False Flag attack. Their plans are decades in the making and they will not stop until they have their one world government and massive population reduction.
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    get educated and resist the NWO

  2. Be cautious about GLD: The fund is a product of JP Morgan… the same institution that has been supressing the price of gold by massive short selling. It is also worth noting that the fund wll not allow you to redeem your shares in gold, you can only get cash when you sell. While the fund gives you exposure to the price of gold, it is NOT the same as owning gold. As always – READ THE PROSPECTUS.