Never before in my lifetime have I seen a buying opportunity in gold that’s so vividly clear and so potentially profitable!
And rarely have I seen such great commentary about gold on my blog as I see right now!
My big question to you was: What forces will drive gold higher?
Ed responding with this …
“The 2020 presidential election will dwarf the 2016 ugliness and polarization. … Gold will really take off as our debt crisis comes to a head.”
Ron seems to agree, but is more bullish on silver.
“Unfortunately,” he writes, “things are so politically polarized … the stock market could well get even more irrational and unpredictable. I think that gold will rise slightly, unless there is an actual market crash that would send gold up significantly. If silver is ever freed from bank manipulation it should double, triple, even more.”
Roger G.’s answer stresses the impact of money printing …
“All major countries are racing each other with QE to see who can inflate their debt away the fastest. The paper castles will fall when growth goes negative. It will be contagious.”
What I see is a perfect storm for gold: A convergence of three powerful gold bull market cycles.
And this coming Tuesday, in my gala online event I will nail down exactly what they are.
Here are the specifics …
Landmark online event:
Gold Rush 2019-2021
Date: This coming Tuesday, October 22
Time: 2pm Eastern Time (11am Pacific)
Agenda: For the very first time, I will reveal …
- How the three powerful, cyclical forces will drive gold from $1,500 to $3,000 and beyond …
- Why this will be the biggest moneymaking opportunity ON EARTH over the next 9-12 months …
- The trading secret that’s IDEAL for identifying gold stocks poised to ride this bull for massive, life-changing returns.
- Three gold stocks set to ride this rally by AT LEAST 250%! I’m so confident in this prediction that I’m personally guaranteeing ALL 3 of these stocks will be big winners!
Plus much, much more.
Your cost: Zero
Where to sign up: Click here.
What do you think is the single best investment to play the gold market over the next 9 to 12 months?
I will give you my answer on Tuesday. So be sure to grab your free seat now by going here.
All the best,
Sean
Brady October 22, 2019
can those of us with limited options in our 401k purchase JNUG for this run up in gold?
Peter styrcula October 17, 2019
Some mid tier gold miners will merge with Yamana and skyrocket in price to become one major player!
STEVEN M. LANZILLOTTA October 17, 2019
How about Gold Mining Royalty companies? I just bought a modest 30 shares of
Sandstorm.
I also bought 500 shares of Newrange Gold on your recommendation Sean but it is just moving sideways
right now. Is it still a good play?
I think you and Martin are in that small, select group of advisers that really know what is going on out there!
thanks!
roger eichman October 17, 2019
Silver royalty companies ie Silver Wheaton.
Paul Germano October 17, 2019
Sean,Thats why I subscribe to you.Your’e the best,Cheers,Paul
Albert Shields October 17, 2019
In my opinion, the body politic will get farther and farther divided between now and the 2020 election with active demonstrations by both sides which will increasingly turn violent. When Trump loses by a landslide the Trumpers will really go nuts and the rest of the country will get extremely angry when Trump tries to stay in power anyway. We will have riots in the street and the public will get justifiably scared which will in turn have investors reallocate their funds and increase their positions in gold and other precious metals, silver and platinum in particular. At the same time we will be clearly entering a severe recession brought about primarily by Trump’s stupid tariff wars and this will further drive money into gold for stability.
Margaret Hannigan October 17, 2019
If the investigations initiated by the Attorney General are completed and announced before the national election, then I believe the Democrats will be embarrassed and the Republicans will win the election. The national rancor will remain for some time, I fear.
Anthony Gamble October 17, 2019
Just starting on this blog.
Ed October 17, 2019
Hi Sean,
I think the 2020 presidential election will be very ugly and divisive. It will dwarf the 2016 ugliness and polarization. I am still a bit confused on gold and U.S. Markets are we approach and move into 2020. You have been continuing to say that Japan and Europe will experience a recession and trigger massive capital flows to the U.S. I am sure some of that is propping up the market now, however, I am waiting for the tsunami. As part of that and after I think gold will really take off as our debt crisis comes to a head. Interested to hear what your thoughts are?
steven t Limbach October 16, 2019
Trump is so mentally unstable that it will somehow come to a head. Unfortunately, things are also so politically polarized that it will not be a smooth transition to someone else. This means that the stock market could well get even more irrational and unpredictable. I think that Gold will rise slightly, unless there is an actual market crash that would send Gold up significantly. If silver is ever freed from bank manipulation it should double, triple, even more..
Politics and a stable market do not go hand in hand well !!
Ron October 16, 2019
2020 is going to be the saddest and most confusing when it comes to the presidential race. Trump will win if the country stays out of a recession , but I think Trump might not run if a recession hits before the elections. Gold will keep going higher when people and traders start getting tired of the constant lies and false promises that cannot be met just to get votes.
Jonathan Bywater October 16, 2019
Donald Trump will win the 2020 election with relative ease. This is because the electorate will soon come to realise they are being duped by obsessive and fanatical Democrats with TDS (Trump Derangement Syndrome), who do not accept an elected President’s right to govern, and seek to smear him by association with one groundless and ridiculous hoax after another. A Trump win will not change that (it may send them into meltdown, rather like fanatical Remainers in the UK Parliament), so brace for more turmoil ahead.
For the economy to keep going the Fed (under political pressure) will keep moving south on interest rates, fear of an accelerating economic downturn in Europe will continue to move money westwards and QE will continue on both sides of the Atlantic. All of this means that Gold will continue to move higher.
Expect gold to nudge $1680/oz by end of 2020
George Forrai October 17, 2019
Brexit, EU problems ….nothing new. Big powers buying gold also not new. Yet gold is still not breaking out from around 1500. WHEN ?
Carl Johan Greve af Rosenborg October 16, 2019
I believe that gold is one of the few asset classes that will hold when the bubble bursts and everything falls.
I believe that the current interest rate markets have been perverted by power-hungry central bankers who are busy doing monetary policy thus circumventing democratically elected politicians who are left with fiscal policy only as means of influencing the economy.
It is against any normal common sense to have negative interest rates.
And…..without the option of taking out your entire holdings in cash and putting them in your pillow as less and less cash transactions are acceptable, where are you going to put your money?
Virat K October 16, 2019
1650 by Dec ’19
New all time high in USD by May ’20
Further rise will depend on the strength of USD vis-a-vis other currencies
+ factors like next Pot-US, trade war scenario etc.
Robert Schubring October 15, 2019
If the world’s central banks chose to invest, their entire gold reserves could back Bitcoin with gold, at a rate of 14 kilograms gold per.Bicoin, One Satoshi would equal 14 micrograms of gold.
What would that accomplish?
Central banks could lease their gold out, for various technological applications that require large quantities of gold.
The major drawback of gold ownership has been the cost of storage. Gold leasing would overcome that problem.
Roger Garlick October 15, 2019
All major countries/ economies are racing each other with QE to see who can
inflate their debt away the fastest. The paper castles will fall when growth goes
negative. It will be contagious.
Les October 15, 2019
When the dollar dies…..Only gold can back a new dollar.The new dollar will have to be pegged to gold at an extremely high price to supply the world with enough new dollars…..Just a guess $ 15,000 an ounce or higher will buy you 15,000 new gold backed American dollars.
Major monetary institutions throughout the world are now manipulating the price of gold lower in order to purchase as much gold as possible at the lowest price possible.
You will wake up one morning when the U.S. Treasury will announce the advent of a new U.S. dollar backed by gold and if you do not own gold you are screwed.
David Linville October 15, 2019
Sean I have been following gold for years. First with the Larry Edelson Institute
and now with you. I can’t wait to hear all the info you are gong to share. But I have a large problem. I’m retired and have a part time job that has me working during the hours you will be giving your seminar. I have been waiting years to hear the conclusion of the information shared by Larry and now you. Is there any way I can be a part of this grand blockbuster event? I so want to hear what you have to share. So glad to hear that things are finally coming to a masterful conclusion, Thank you for continuing this great labor of love.
Bret KayBret October 15, 2019
Hi Sean , Gold & Silver has certainly had a nice run , but I do not believe it is ready for take off yet . The young generation ( Millennials) dont see or understand the value in it YET . So I see it moving up when Europe & Japan Monetary is actually happening. Thanks for what all you do , heads up .
Aurum et Argentum October 17, 2019
Gold has taken off already. Gold is all about interest rates and the true cost of money.
Gold doesn’t give two sh$ts about “millennials”, central banks, ECB, BOJ, et al.
George Forrai October 17, 2019
If interest rates are now at or almost at rock bottom, why hasn’t gold taken off already? Interest rates can’t go much lower….so where’s gold’s mojo going to come from?
roger pepperman October 15, 2019
trump defaults on U.S.A. debt the bond market hyperbubble collapses.
Ole October 15, 2019
Hi Sean,
I have learned that Gold is a hedge against (chaotic) governments. this time we see all this worldwide and we are short before to cross the border where people begin to act and buy gold like never before … hopefully as fast and strong as the last big BITCOIN Rallye!!! Love your cycle forecasts as well – thanks for sharing all this stuff Sean – it gives me confidence to be on the right track. Hope to cyou one day. From Germany many greetings and keep on your good work. Ole
Aurum et Argentum October 17, 2019
You crazy Germans must get rid of the Euro and go back to a real currency, the Deutsche Mark.
Josef Berger October 15, 2019
Dear Mr. Brodrick!
On the 22nd I have to be for three days in the hospital and have no access to a computer. How many days later is it possible for me to read the transcipt of the GOLD RUSH event?
Best regards,
Joe Berger
Vienna, Austria
R. Davis October 15, 2019
If we see gold used to bolster the world’s fiat currency, we can make an easy case for gold reaching $10,000/oz. Without that, I believe that gold can reach $5,000 by 2024, based on the projected crash in the world’s economies.
Grant Wylie October 15, 2019
what will the next war bring ?
Dirk Miller October 15, 2019
Available gold dividend into world debt equals about $10,000/once.
Jose Cardenas October 15, 2019
I expect gold to retreat by 3-5% and then continue climbing to $2,000.00+ by January, 2020.
The ‘confusion and uncertainty’ created by Democratic candidates’s debate will be placated by an announcement from The Donald that a Deal-to-end the China Trade War is imminent; this will move the stock market and keep gold in check …temporarily, because brewing trouble in E.U. and new conflict with Turkey/Syria will set gold in motion again soon. If the Corporate Bond market continues to show signs of decay into November; gold will soar to unimaginable highs!!!
Aurum et Argentum October 17, 2019
I don’t want to see gold go parabolic. In the face of all the hype in the casino aka the stock market,
gold is standing tall. The FED is desperately trying to keep the lid on interest rates and gold is standing tall. I’m in for the long haul; 2000? by January? yikes
Using your timeline, I’m really going to love gold right before elections in 2020.
S Hertz October 15, 2019
What is better bars or coins? What percentage of assets should precious metals be? What about diversifying with silver?
arie scheltens October 15, 2019
The Dutch Central Bank issued a statement few days ago that they consider gold as the ultimate protection for people who want to start again their life after the financial system has collapshed.
In fact they advise our nation to invest in gold to protect themselves.
I have never seen from the Central Bank a recommendation as this before. I dont know why and i dont know what they know.
Personally i forsee a price of at least US$2000
Aurum et Argentum October 17, 2019
How many guilders for a troy ounce? LOL
Denise D Wright October 15, 2019
Not sure. Harry Dent’s e -book says gold will go down a lot and I’m concerned gold can be confiscated. i bought silver instead.
Sandra Griffin October 15, 2019
I agree gold is definitely going higher. Sean, could you suggest a company I could buy some gold coins from ?
Aurum et Argentum October 17, 2019
I use BOLD and JM Bullion.
John Goschka October 15, 2019
If a Democrat wins the presidential election gold will shoot much higher. Their free??? giveaways will ruin our dollar. As it is now, we are in a race with the rest of the world to the bottom. Print more money and lower interest rates. Inflation and hyperinflation will ruin the worlds currencies eventually. So, for the time, gold will gradually increase. There is always a limit to money printing and borrowing. Buy and hold gold. Gold has a value. Paper currency will eventually fail. Once the paper currencies fail, the price of gold will skyrocket.
Sue Berry October 15, 2019
I have just read a newsletter assuring me that the government is going to outlaw cash before the year is out. They say that we should therefore buy gold. If everyone buys/wants to buy gold, the price will definitely go up. I have heard that gold will eventually rise to $5000 an ounce. People say that silver will go up right along with gold, but no one says how high. The editor of the newsletter was trying to blame the Obama administration and Jay Powell & his “cronies” for the havoc that will come from changing from cash to electronic payments, but that is garbage! It has been coming gradually for a long, long time – ever since Nixon took us off the gold standard. If anyone is to blame, it is Nixon! But even he can’t be held totally responsible, because it is going to happen all over the world. It is the result of many things. They say that when
they started going cashless in India there were terrible runs on the banks. So our govt. is going to outlaw cash on Dec. 18, 2019, in order to keep us from having runs on our banks. What would be the point of taking money out of banks if it was illegal to use it? What a horrible time to do it, though – right before Christmas! Why wouldn’t the govt. do it on Dec. 26th? Or Dec.31st? Stupid! So everyone should be buying gold now, and the price should go up considerably. It went up over $2000 in India earlier this year, so that is the minimum that I would expect it to go up.
Bill October 16, 2019
I did not hear about India Golf was any were near 2k a ou since their Dollar does the have that ratio vs our Dollar which is the main trade Dollar.Please advise the specfic date this happen?
Ed October 15, 2019
Hi Sean,
I believed gold will achieve a level of between $6,000 and $8,000 per ounce over the next 10 years.
Keith Renner October 14, 2019
I think Gold is going to $10,000 per ounce for the following reasons;
Reset of world currency by the IMF
Major buying by all central banks
Coming recession and devaluation of the US Dollar
Negative interest rates
Gary October 14, 2019
Gold always had and always will have a fixed value. “And the gold of the land is good.” (Genesis 2:12) in the eyes of GOD.
Now how many Fiat dollars a man will have to pay for an oz is another story. As long as the futures traders treat it as a commodity it will stay in the range they want t at. However if were treated as an investment, it could go as high as $50,000.00 per oz or higher.If the United States were forced to go back to the gold standard. Based on the number of dollars and credit it would have to back! However we both now the system is rigged and dishonest. Several brokerage firms have already been caught manipulating the price.
Christel October 14, 2019
For up to 1 and 1 1/2 years is think gold will go to 2500. Evtl. There
Will be corrections to lower readings, after it will zoom higher.
I cannot see 5,000 or more. The dollar will get decimated. China and
Together with Russia will be working on this.
No one knows how the world will look in 20 or so years.
Thomas Ainsworth October 14, 2019
Gold is going down. Hopefully it will hold at 1425. Today may be an anomaly. How can gold go to 10,000, Paula?r
Aurum et Argentum October 17, 2019
1425? Good luck with that. Once gold crosses 1510 and holds; you ain’t going to see 1425.
Ron October 14, 2019
Europe is still slowing down, the US is reporting slowing economy , adding to the countrys dept will not sustain growth, its just getting messy with internal gov’t spats.we need to go back to real money or the gold standard , 2500.00 by Jan 1,2020.
cyrus rostami October 14, 2019
In my understanding this year at least 16.25.However, until 2025,minimum 6500 dollars posssible 10,050. it play important role for fasical next 20 years. it could go higher than 25,000-30,000.
Paul Germano October 14, 2019
You work well with Metals/Minerals.Cheers,Paul
Reinhard Mueller October 14, 2019
Gold bull markets in the past have shown increases of 300 to 500 % over 2 or 3 years.
That would put the price of Gold between $5,000 and $8,000. If we get hyperinflation, the sky is the limit.
Aurum et Argentum October 14, 2019
1700 by end of November and 2000+ as we head into elections 2020.
Find the true cost of “money” using TIP:SHY ratio
The FED is printing via “not” QE in a desperate attempt to suppress real interest rates.
A chart of the yield (from 1989-now) on the 30yr treasury is very telling/alarming.
Nowadays who in their right mind would buy a 30yr t bill? So…
The US Treasury is refinancing the national debt via short term paper at about $1T a month.
but…
Mr Market is attempting to raise rates; the FED is fighting the inevitable.
The FED has two choices; let rates go up or inflate; but inflation automatically causes rates to go up…eventually. Sucks to be Jerome Powell.
The entire commodity (CRB) complex is attempting to emerge form a 11 year bear market/terminal bear wedge. We’re going to get inflation, BIGLY.
Gold is money and the dollar is a currency.
I like gold’s chances better in 9 years when I retire.
george October 14, 2019
4900
Peter styrcula October 14, 2019
$5000 because the world economy is so unstable and the drum beating of war is very real!
Jerry Gray October 14, 2019
Sean I’ve heard rumblings about us ( USA ) going to a gold standard. If so, from what I’ve read and heard, gold could go any where from where we are now up to $10K/ oz. Of course only time will tell.
john a hartmann October 14, 2019
too much turmoil. i guess gold will go to 2254 in the next six months
Ron Chacey October 14, 2019
I really appreciate your info on the gold market.
Gold is retracing a bit right now – perhaps it took off a bit too fast.
How far will it retrace?
How big of a retrace and when is it time to start loading up?
james bergsman October 14, 2019
Five years ago Richards felt gold would go to $5,000 or $10,000. I can’t recall the reasons but
they seemed reasonable at the time. Now the story is much the same and the reasons have
been enriched but, again there’s nothing to suggest that $5,000 is a reasonable target.
What’s the logic behind these estimates or guesses? And what’s gained? When I was a little boy
I could go to the candy store and purchase a Milky Way bar for a nickel. Today it sells for more than a dollar. So I guess any guess of a price is possible over any period of time. But, I don’t
have forty years to wait. Sincerely, Jimmybee
Craig October 14, 2019
~$5k end of 2021 due to Trump reset to gold standard.
Mark M October 14, 2019
Not sure what the price will reach, but would believe other metals such as silver, copper or platinum (with greater industrial value) would have a more significant percentage increase.
Arthur Neukom October 14, 2019
Sean,
I think the gold could go as high as 1,750 per ounce by end of 2020
Art
Dan Hendrick October 14, 2019
Will GDX exceed it’s previous $52+ and will gold exceed the $1,900.00 level???????
GEORGE ARLEDGE October 14, 2019
I OWN GOLD AND GOLD STOCKS BUT I AM NOT SHURE THAT GOLD WILL MOVE MUCH HIGHTER WITHOUT A BIG CORECTION. WE ARE NOW IN ETHE ELCTRONICS AGE AND FUNDS ARE NOW MOVING AWAY FROM MONEY AND OTHER MEANS OF EXCHANGE. I KNOW THAT ARE, GOLD AND OTHER COLLECTABLES JUST GO UP. I CAN NOT SEE A MASIVE CLEAR PICTURE FOR MASIVE GOLD RISE.
R. Birkholtz October 14, 2019
I think gold will top out between $3800 to $4000 by 2024
mostly due to a loss of faith in government institutions
Chad October 14, 2019
I don’t think it matters too much who wins the election, gold goes up either way. What I would like to know if the global currency (The Dollar) is replaced by something else in the future will gold be still measured in dollars? Assuming the global currency eventually changes and the dollar plummets I see gold hitting the roof where ever that may be 5K or 10k. If it gets measured some other way I’m not sure what happens. I see gold going up in the near future regardless especially if the fed keeps cutting rates. People seem to be scared right now and the market can become very volatile at any bad news or good news. Even though I want gold to move higher it will probably bounce around right in between 15 and 1600 for 6 months.
Bill October 16, 2019
It’s seems the more debt we have the higher the Dollar goes up and the lower Gold goes down!
Charles Bernold October 14, 2019
President Trump will control the Positive Economy but too much money in circulation plus fear factors at home and at abroad will make it hits 1850 by December 2019 or not later then by January 2020
Soul searching timer fort America before President Trump will be re-elected
if not DJI will go down 5000 points = 21000 over very short time and gold 2500 per ounce
February 2021
Charles Bernold
Sohail October 14, 2019
Sean
I am afraid that people have been crying wolf on Gold for so many years that
There is a degree of skeptism. I think we have to see tangible evidence that
Governments have lost control of their debt before gold can move substantially higher.How much higher will depend on how bad it gets.
In this cycle I would expect it to take out the previous high ,to early to say how much higher.
Mark C October 14, 2019
Kirkland Lake Gold is a great company but in the last two months it’s been trading like an ETF literally moving with the price of gold to the nanosecond. What was once a great investment place is now irrelevant and And too dangerous. Who is it that is working so diligently to push investors out of gold stocks Junior miners etc. Especially in a time when central banks and governments are buying more and more gold.?
Mark C October 14, 2019
Kirkland Lake Gold is a great company but in the last two months it’s been trading like an ETF literally moving with the price of gold to the nanosecond. What was once a great investment place is now irrelevant and And too dangerous. Who is it that is working so diligently to push investors out of gold stocks Junior miners etc. Especially in a time or central banks and government or buying more and more gold.?
John Beck October 14, 2019
Targeting $5000/oz into the 2021 – 2023 period. Base established to start a new sustained an uptrend.
Juan Gaia October 14, 2019
My impression is that will go to around 5000$.This based on the enormous debt that we are carrying at time and the future of the run for the presidential job.If the left wins ,all bets are off.If the right gets it the consequences may be less dramatic but still disastrous for the economy.
Murray Freedman October 14, 2019
I feel gold will easily reach 2,000 because of the weakening dollar (and secondary to escalating international conflicts in the Middle East).
Bill October 16, 2019
Were is the weak dollar?
Benny October 14, 2019
……… the pending 40% – 70% market crash will lead into the global recession which will lead into EU then Japan then USA sovereign defaults which will lead into further market declines AND the PM sector will advance significantly, in a stepping stone style (advances and retreats every 4 – 6 months), then, the markets will rise
…….. remember the Great Depression re 1929 market crash then 1932 – 1937 market rise
Alastair Lamont October 14, 2019
I think gold will go to $2000 in the net year and eventually much higher as the US dollar collapses at some point. It is a question of when.
Josef Berger October 14, 2019
Dear Mr. Brodrick!
I follow the theory of James Rickards, which he elaborates in his book: The new Case for GOLD.
In this book James Rickard writes as follows:
From 1913 to 1965 the Ferderal Reserve was required to have at least 40 percent gold backing for the U.S. money supply. Generally, the more confidence people have in the central bank, the lower the amount of gold backing needed to maintain a stable gold standard.
If the United States, the Eurozone and China were to agree on a gold standard using M1 as the money supply and 40 percent gold backing, the implied price of gold would be abou $ 10,000 per ounce. If the same three entities used M2 as the money supply with 100 percent gold backing, the implied gold price would be about $ 50,000 per ounce.
A gold standard launched at $ 1,100 per ounce would either be highly deflationary (if money supply were reduced as needed) or highly unstable as people rushed to buy theap gold from the government)
As a normal person I do have no confidence at all in the Central Bank of Europe. If I read the comments from the United States there seems to be not much confidence either. About China I do not know enough, but two out of three is good enough for me. Therefore I think, that a stable gold standard currency which has the thrust of the people, would need a backing of much more of 40 percent. Therefore I think that the price of gold must be over US$ 10,000.
I would be interestedwhat you think about the book of James Rickards.
Best regards,
Joe Berger
Vienna, Austria
Paula Orty October 14, 2019
I think we will see gold go to $10,000. in coming years due to the turmoil and uncertainty throughout the world. I believe the dollar, which is only currency and losing buying power will eventually disappear and be replaced with some other sort of currency.
Stephen R October 14, 2019
$2798.64 in today’s dollars.
Paul October 14, 2019
I think gold will go to $10,000 in the next crisis because some authors say that’s its true monetary value, and recently it’s been behaving less like a commodity and more like a safe haven.
Central bank hoarding, Chinese deep vaulting, and a resulting liquidity crisis could explode the price, and I look forward to your analysis about other factors and when it might happen.
Benny October 14, 2019
$ 1700 by Dec 31 / 19
$ 2000 by June 30 / 20
$ 3750 by Dec 31 / 20
$ 5000 by June 30 / 21
Robert Lounsbury October 14, 2019
I think that gold will go to at least $5000. I base this on the predictions of the late great Larry Edelson. He has been the most accurate man that I have been blessed to follow until his untimely death. Almost everything that he said would happen has happened – even in the very controlled markets that we have.
Sam Stetson October 14, 2019
This is a bad week to inaugurate a gold blog by my estimation. The technicals indicate a plunging correction to perhaps as low as 1400 dollars an ounce by this weekend. If that eventuality actually plays out, it will be the best time to buy pms since 2002 by no later than 1 November . Otherwise the best opportunity will be around the New Year (both ohysical and mining stocks). Ultimately gold cost spot will peak in 2025 @ about $5000 per ounce.
Pms will especially skyrocket next year when the equities and currency prices go into crisis. Unlike the analysts, I forecast a vaguely deflationary event. Currencies, cheap or not, will not make their way to global consumers (the banks will see to that) regardless of the level of turmoil, precluding any hyperinflation. Big money will be looking for a safe haven and actual appreciating investment ~ hence pms and cryptos.
Bill McGee October 14, 2019
It depends on how stupid our policy makers want to be.
Jim Marshall October 14, 2019
I would like to know if one is safe owning gold ETFS if the government starts to freeze accounts down the road. Is the ETF and stock as safe as having physical gold?
[email protected]
Jim Marshall
Llalon MIller October 14, 2019
I’m sure gold will go higher I don’t have a any idea how high. the world is in trouble from warming and a we have a president who is dos not follow the scientific data on any thing.
Dr. Stephen Replogle October 14, 2019
The world is not in trouble from warming. Warming and carbon dioxide are good for plant growth. Carbon dioxide is plant food. Global temperatures are related to solar activity, not SUV’s, and have fluctuated throughout history. Mt. Pinatubo, the volcano, when it erupted released more particulate matter into the atmosphere, than all of the activity by mankind throughout history. What we need is education about the facts of life, not emotional platitudes.
Craig October 14, 2019
There have been at least 5 ice ages and you can’t have an ice age without a global warming phase in-between. The last one was ~110,000 to 12,000 years ago (i.e. man has had nothing to do with at least 5 of the warming-cooling phases). A science experiment you can do yourself… put ice and water into a cup and mark the water line. Insure that there is ice above the water line. After the ice melts, you will see that the water line is still the same despite ice sticking above the water line. Why? Unlike other substances, water expands when frozen and contracts when a liquid. I think that Pres Trump has a good grasp of this. For every scientist that thinks global warming is an issue, you can find one that thinks it is not… you just have to look harder for them because the fake news won’t cover them.
Karen Mulligan October 14, 2019
Dear Sean, I truely have no answe or knowledge on any of this. But I’m so tired of always being broke and to get into stocks it’s so expensive. So.e of us live pay check to paycheck as I’m sure your aware of. But I do enjoy readi g about these items. Who knows maybe one day I will learn it doesn’t take much to find a broker and buy a lirrle to get ahead of all this. Sincerly Karen
Robert Lewellyn October 14, 2019
For one thing, I think Trump will eventually put us back on the gold standard.
Philip Haddad October 14, 2019
I think that concern over the value of the dollar is causing the price of gold to rise. I expect silver to rise, maybe even dis-proportionally. I have converted my IRA to silver.
David Hooker October 14, 2019
Sean, have been a member for awhile!
I hope and pray that Larry’s prediction of 5K per ounce is correct! However at 2K – 3K we will still hit a grand slam!
Martin S. Rosen October 14, 2019
Brexit coming up in a few weeks…. What could go wrong, right?
Leigh A. Readdy October 14, 2019
I have a client that is ready to go into production on a new gold mine that contains a very significant placer gold resource with average grade of 0.15 opt gold, all necessary permits, and potential extensive additional gold resources. Gold is free milling, metallurgical tests show 90%+ recovery of precious metals. Environmentally friendly operational plan. Needs additional start up funding. Minimum loan guarantee of 1.5MM $, maximum available 3.0MM. Loan repaid by gold at $450/oz with payout by end of first year of production. For information contact Dr. Leigh A. Readdy PhD., DIC. 45+ years of professional experience in exploration and mining geology. PhD is from University of London, Imperial College of Science and Technology, Royal School of Mines.
Jerry Gray October 14, 2019
I’ve heard rumblings of us ( the USA) going to a gold standard again. So I could see gold going for $2K TO $10k per oz. ???👍
Tony Desiderio October 14, 2019
I think Gold will rise to at least $ 5000 per ounce.
Jerry Warshaw October 14, 2019
Sean,
I think gold will go up 10 to 15% between now and the election next year. Post election another 10 to 15% if the democrats win or 100% if Trump get re-elected.
JohnJ October 14, 2019
Gold is likely to do well for the next several years due to rising geopolitical tensions, the ongoing trend of global negative interest rates and of course the technical chart pattern suggest precious metals are in the beginning stages of a bull market.
George Moe,Jr. October 14, 2019
At least twice as high as it has ever been. Never before have we been faced with so much debt that can’t be paid. Our only salvation may be that the whole world will continue to owe more that we do.
Douglas Good October 14, 2019
$1600 by end of 2019, $2000 by end of 2020 thanks to election campaign and uncertainty,$4000 by 2021 or 2022.
Dave October 14, 2019
I have been accumulating gold and silver for about 11 years. Waiting for the big move!! 2500 and 75 silver
Patient in Minnesota
Dr. Stephen Replogle October 14, 2019
The question is how low will the dollar go. With the Fed trying to collapse the market on Donald Trump’s watch, but not this far out from the election, the Fed is over $500 billion into shoring up the banks in the REPO market, in less than a month. No matter who wins the 2020 elections, 1/2 the country will not accept the results. 2020 has no limit on the insanity we may see.
Big G on MV October 14, 2019
Very possible to see that 2000.00 high taken out, if a few elements come together. Would need to see a pretty major debasement of the USD probably coupled with a recession and intensified QE or further, to realize another major spike. Add in geopolitical risks, and an uncertain election outcome, and the road is being paved to a real PM breakout. (Meantime, wondering how much longer the JNUG ETF is going to languish here in the low 60’s)
Francis Slate October 14, 2019
$2000.00 this year – because of the mess that the world is in.
bert V October 14, 2019
6850
Bernard October 14, 2019
10000 within 10 years
Robert Schepman October 14, 2019
Worldwide the gold market appears to be manipulated. Until that is resolved the “market” will lack widespread confidence to move forward. Please comment
ole October 14, 2019
to 5.000$ until 2023-2024 when the crisis hits everything ! now we are basing – but we before we run up we have must beware of a fake move … can go to 1360% until end of dec19 and then we will be ready … last correction is now … but then we will definetly take off guys… looking frwd to this with you together … cheers.
James October 14, 2019
$2,950
al October 14, 2019
3000