So here is an update on where I think we are headed. AUD12K a very real possibility by mid 2027 based upon the historic run from June 1972 to December 1974. Here is why I believe that to be the case: - History repeats. The circumstances may change but the outcomes are the same. DJT is unleashing a nightmare scenario for risk OFF. - Gold is now in the acceleration phase of the 60 year cycle as noted by gold making new ATH's across the board in all major currencies including the USD - The Keynesian model died in 2021. Any collapse will be a inflationary collapse, similar to the 1970's, which is why the current gold market is now mimicking almost perfectly June 1972 - December 1974 when gold rose 340% from its multi-year breakout - US interest rates between the corresponding period, June 1972 through December 1974 increased from 4.38% to over 9%. Look and compare that to present, with the US 10 year yield at just above 4.5% and Trump embarking upon a tariff war that WILL, not might, be inflationary.
Sit down, buckle up, and hold on, because this is going to be beyond epic and silver is going along for the ride.
Cheers Deserthead
SVL Price at posting:
7.7¢ Sentiment: Buy Disclosure: Held
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