Loading ...1600 by september then 500 and then again a run to 10000…. Yes! they are talkin about Gold
To further enliven the discussion about what’s happening in Gold I think it can be funny to read what some “analysts” on twitter are suggesting.
This is maybe the most extreme of the forecasts…but….it could happen of course! David Hunter is the author (he was convinced from early June that gold would explode on the upside) and the infamous Henrik Zeberg agrees after he surrendered to his erroneous predictions 🙂
“My long-held target for gold during the coming bust is $500 but we’ll see $1550-$1600 first. Then $10,000 in the mid to late 2020’s when inflation is soaring like it hasn’t since the early 1980’s. So only difference with Henrik is my expectation for this rally before final plunge”
No way these guys have a clue IMO.
But they are so sure of themselves
This kind of two way prediction it ridiculous IMO
Hmm. I wonder what kind of “bust” could send $gold back down to $500. Am having difficulty envisioning the trigger, but am open to considering any and all probabilities and would not dismiss Mr Hunter’s ideas outright. It is after all a mad, mad, mad, mad world. Can you follow along, Mamare, with these ever so overconfident twitters – er tweeters, and when $1550 – $1600 gold nears remind us, remind me, to look for signs of disruption in the gold-o-sphere. its most likely nothing, but still…
Much appreciated.
– SF
Let’s hope it will never happen!
Anyway I will try to follow this guy…….