2017 Gold Price Prediction Competition, page-96

My rule of thumb view of this list suggests that expectations for the price of gold are more moderate than last year. Is this correct; and if so why?

- It could be that the herd of madmen who provided the outliers in previous years, have transferred their particular brand of madness to the Bitcoin market; or
- It could be that as gold has become more obviously range bound, participants have moderated their expectations.

Personally I find it encouraging. JP Morgan is reputed to have said that "when the bell hop gets in, it is time to get out". So now that the "bell hops" are buying Bitcoin, it might be time to take another look at gold.



Afterthought: I hope that @there-is-no-try is wrong about the AUD.

If the AUD-USD goes down to .5300, heaven help AUD against the EUR. I may have to move back to Australia.