Thursday , 22 April 2021

Tag Archives: $3000 gold

The Growth In Money Supply Says Gold Is Going To Go Ballistic

The level of M2 - the total amount of money in circulation in the country - is not only helpful in deciphering the fair value for gold but also where the metal is headed by forecasting how the money stock will trend and...while gold doesn't move in lockstep with M2, it does follow M2 higher over time.

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Gold: 2016 Price Action Similarity To 1976 Suggests Future Price of $8-$10,000/ozt. (+2K Views)

In this article, I compare the price action of gold in 2016 to another, older, critical period in the history of the gold market: 1976. I am not saying...that we will necessarily repeat the experience of the 1976 - 1980 gold bull market (if we did, we would see gold rocket to $8,000-$10,000 a troy ounce in the years ahead), but I do expect an enormous bull market for gold in the years ahead. Whether that means $3,000 or $6,000 or $8,000 a troy ounce, I cannot say for certain.

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History Says We Could See $3,000 Gold & $75 Silver

Precious metals have posted their best quarter in nearly 30 years and mining stocks are soaring from oversold multi-year lows. Those that were willing to buy when everyone else was selling have been handsomely rewarded in 2016 but we believe the gains are just getting started. In fact, gold would need to climb to somewhere around $3,000 per ounce to match the gains that gold experienced after bouncing from its prior bottoms and silver would need to climb towards $75 per ounce.

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Gold: 42 Specific Peak Price Predictions (+5K Views)

Over the years only 42 pundits have been bold enough to provide a specific date as to when their forecast for the future price of gold (and silver, in some cases) would be realized. This article provides that information along with the criteria & rationale for their determinations.

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