Here is a look $10,000 gold and $370 silver, plus some really shocking numbers!
$10,000 Gold & $370 Silver
March 28 (King World News) – Graddhy out of Sweden: The Gold 8 year cycle charts I have been posting are playing out very nicely and as expected. My price targets for the bull market are still the same as first posted back in 2019: Gold $10,000 Silver $370. If things get really wild we could see double that though.
Posted this Gold chart back in 2019 just before the big up move started. Predicted a new all-time high and we got it. As said, the consolidation we have had from Aug 2020 high (which I called same day it happened), was necessary to recharge. This long standing roadmap is still playing out.
$10,000 Gold Is On The Way
Paging All Gold Haters
Ronnie Stoeferle: To all gold haters out there: You really don’t have to fall in love with gold, but please just accept that it’s quite a decent equity hedge.
ABSOLUTELY SHOCKING NUMBERS:
Gold’s Performance vs S&P 500
S&P 500 Returns Blown Up From Chart Above
Gold vs S&P 500:
(Blown Up From Chart 1 Above)
Ronnie Stoeferle: Back to a gold standard? We’d need gold trading around USD 40,000 to back 40% of the M2 money supply…
$40,000 Gold Just To Back 40%
Of M2 Money Supply
Albert Edwards, Former Global Strategist at Société Générale: Investors always ignore events in Japan at their peril. One thing to add…is that, the BoJ by capping yields at 0.25% now have to ACCELERATE QE at a time when other CBs are tightening – likely leading to a yen crash…
Billionaire and mining legend Ross Beaty, Chairman of Pan American Silver, just spoke about what he expects to see in the gold and silver markets and also shared one of his top stock picks in the mining sector CLICK HERE OR ON THE IMAGE BELOW TO HEAR BEATY’S INTERVIEW.
The Ultimate Recession Indicator
Albert Edwards, Former Global Strategist at Société Générale: Possibly the most robust indicator of an impending recession is when the Fed dismisses the inverting yield curve as a predictor of impending recession.
Gold vs Energy
Nautilus Research: Gold/Energy….
5 Down Wave Completed On Gold vs Energy:
Gold Ready To Outperform Oil Again
ALSO RELEASED: Yes Russia Is Now Allowing Payments In Gold For Natural Gas As Western Financial System In Open Decline CLICK HERE.
ALSO RELEASED: This Shocker Will Cause Gold To Vault To $5,000 Virtually Overnight CLICK HERE.
To listen to Peter Boockvar discuss the bullish case for gold and silver as well as other major markets in this remarkable audio interview CLICK HERE OR ON THE IMAGE BELOW.
To listen to Alasdair Macleod discuss the bullish case for gold and silver as well as other major markets in this remarkable audio interview CLICK HERE OR ON THE IMAGE BELOW.
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