I am pretty sure that some "circles" have a vital interest to keep Gold below the US$/oz 1750 level. It is to obvious. However, we will break the resistance an before year end we will be at 1800-2000. Q1 2021 touch the 2100-2200. In 5 years I see a price of 3000 to 5000 US$/oz. This is my base scenario. At the end of the decade the price could go even higher.
There are at least 10 good reasons why this will be the fact and I exclude extreme scenarios like hyperinflation (in such a case only the sky is the limit).
Ann: Riverina Underground Resource Increases by 46% to 139,000 oz, page-13
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