$50 cents club, page-66

Very good Webinair (podcast). l hope lots of Red holders take the time to listen to the entire presentation that lasts about an hour. 5 leading panelists, all specialist investors in the precious metals space, give their views on where they think the gold price is headed. Of the 5 interviewed, one was non commital just saying significantly higher, another said much higher by 2027 but with a retrace possible before years end due to a "whale" accumulating - stating $3200 likely in 12 months. The remaining 3 predicting $7500 is extremely realistic in the medium term. All 3 rationalising that figure on various historical, charts, markers and milestones. Of special interest to me was the first speakers opinion that the greatest leveraged exposure to the rising gold price will be gold mining companies and their share prices. l think the term he used was, a "parabolic" increase in gold mining company script.
The other take home for me was the opinion that at the end of this barely beginning gold market bull market, the price would platuea and not drop off. This would occur because some kind of gold backed currency would be adopted universally.

Thanks for posting what some of us have been saying for a while now. l know my Red shares are going to be tightly held for another few years.