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”

https://twitter.com/HenrikZeberg