Loading ...Gold 6000?? By Perma gold bear
“Gold to Soar Above $6,000”
“Summing up, the price of gold is like to soar very high in the upcoming years and the likely target range for the final top in gold is $5,000 – $12,000. If we had to pick one specific price out of that range that’s most likely to stop gold’s parabolic upswing, it would be the $6,184 level, which implies that gold’s price would be multiplied by the same amount as it was during the bull market that we saw about 40 years ago.”
It is interesting also this analysis from Steve Saville:
http://news.goldseek.com/SpeculativeInvestor/1534518000.php
And just to keep the sentiment even more bearish,Mr Jensen (who is lately followed by lots of people because of his good results in forecasting the market) tweeted that his target for Gold is from 750-825 by december 2018 and first quarter 2019.
https://twitter.com/HenrikZeberg/status/1030799634187411461
Gold WILL reach $6000. I guarantee it. It could be 50 years though, when your average suit costs $6000 and a coffee is $50.