Credit Suisse forcast gold to be around 1850 for 2022 but long term 1400.The latter i find hard to believe with the feds balance sheet at almost 9 million dollars. As long as the OZ dolla drops to 60 cents that is still 2330 odd in US dollars. As long as Beacon keep mining gold itself of gains more gold through acquisitions how can they or us lose?
Federal Reserve Board - Recent balance sheet trends
If u google the above u will find nothing but misery for the US.
826,000 Tpa and 2,669 ounces per Month, page-2
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