Today Tavi Costa told King World news that we may see the price of gold hit $10,000 an ounce but silver’s parabolic rise will be even more exciting.
The Mother Of All Gold & Silver Bull Markets
April 2 (King World News) – Eric King: “Tavi, have you looked at gold and silver and run numbers on M1 and M2 money supplies, obviously it’s a moving target, and tried to quantify where gold and silver prices could ultimately go on the upside?”
Tavi Costa: “It sounds kind of crazy when you start looking at those types of measurements, but I think it’s plausible to see gold very easily at $10,000 an ounce. And there are other targets that are much higher out there, but I think it would be pretty easy to see some of those valuations for gold get to those levels.
We Will See Even Crazier Upside In Silver
The other one that is even crazier is silver. When we start looking at where silver is vs gold, where gold is about 5% from all-time highs and the Gold/Silver ratio being around 70 or so, it’s quite insane (where silver is currently trading). And what a great opportunity to own an inflationary asset, a monetary asset, a green revolution asset, it fits everything (in terms of upside catalysts). And it’s one of the few metals that is so far below its prior highs. So I think we will see explosive moves in assets like silver.
Second Leg Of The Gold Bull Market Is The Most Violent One
The second leg of the gold bull market tends to be the most violent one. We’ve seen gold reaching all-time highs back in August of 2020 and I think we are getting into the second leg right now. I think it’s going to be easy for the price of gold to get up to about…to continue listening to one of the most important interviews of 2022 with Tavi Costa where he discusses the coming violent upside moves for gold, silver and the mining stocks CLICK HERE OR ON THE IMAGE BELOW.
To listen to Alasdair Macleod discuss the game-changing event in the gold market this week CLICK HERE OR ON THE IMAGE BELOW.
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