This chart shows the price of gold is headed to $25,300, plus at oil, inflation and a massive bullish catalyst for gold and silver.
April 30 (King World News) – King World News note: More gold charts are from the brilliant Ronnie Stoeferle:
KING WORLD NEWS NOTE: Gold Price Needs To Surge 5.5x To $25,300 To Equal 1980 Peak
KING WORLD NEWS NOTE: A Look At Gold’s Pullback In Percentage Terms
KING WORLD NEWS NOTE: A Breakdown In The US dollar Would Be A Massive Upside Catalyst For Gold & Silver
It’s Official…
The Kobeissi Letter: It’s official:
Brent crude oil prices just broke above $120/barrel for the first time since June 2022.
KING WORLD NEWS NOTE: Spot Brent Crude Oil Surged Above $120
Asia is facing its worst even crisis in history and Europe has just weeks worth of jet fuel left.
The US is exporting record amounts of oil as a result.
Inflation is back…
Listen to the greatest Egon von Greyerz audio interview ever
by CLICKING HERE OR ON THE IMAGE BELOW.
More “Transitory” Inflation
Peter Schiff: Yes we of course watch the price of crude oil and products each day but the Bloomberg Agriculture Spot Index is breaking out to the upside to the highest since November 2023. It still is well below the peak seen in 2022 but the chart looks like there is plenty of upside. Relief for farmers but not for those of us who eat. In this index is corn, wheat, soybeans, soybean oil, soybean meal, coffee, cotton and sugar.
While gold has been a source of funds, some from individual countries like Turkey, to offset the financial pain of rising energy prices, central banks in Q1 continued to buy at a healthy pace (though of course 2 of the 3 months came before the war) according to the World Gold Council. They bought 244 tons in Q1. For reference, central banks bought more than 1000 tons per year from 2022-2024 and almost that in 2025. We remain long gold.
Nomi Prins Just Predicted $7,000-$9,000 Gold
to listen to the jaw-dropping price predictions that Nomi Prins just made for gold, silver and uranium CLICK HERE OR ON THE IMAGE BELOW.
ALSO JUST RELEASED
To listen to Alasdair Macleod discuss the coming squeeze in the silver market as well as what to expect next for gold, silver, miners and more CLICK HERE OR ON THE IMAGE BELOW.
ALSO RELEASED!
Fed Decision, Plus This Could Be Hugely Bullish Catalyst For Gold & Silver CLICK HERE.
Most Catastrophic Energy Crisis In History Just Sent Oil Above $105 As Brent Hits $110 CLICK HERE.
Gold Will Have To Skyrocket To $46,000 To Equal 1970s Bull Run CLICK HERE.
Michael Oliver – The Next Explosion Higher In The Gold Sector Will Be Triggered By This CLICK HERE.
Silver Price May Hit $258 As Comex Silver Inventories Collapse CLICK HERE.
Nomi Prins Just Predicted Gold Price Will Hit $7,000-$9,000 CLICK HERE.
Comex Gold & Silver Inventories Are Collapsing! CLICK HERE.
Another Gold Bull Market Catalyst, Plus A Look At The Big Shift CLICK HERE.
Michael Oliver’s Chart Backs Up His $300-$500 Price Prediction CLICK HERE.
If We See A Repeat Of 1940 Gold Will Skyrocket To $72,250 CLICK HERE.
GOLD & SILVER BULL CATALYST: Iran War Sends Global Debt Ballooning Even Faster CLICK HERE.
We’re Going To See Another Major Upside Eruption Higher In The Price Of Gold CLICK HERE.
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