Now till Dec 2017 end / early January 2018 we will have downward trend in copper, gold ( should go down to USD 1225 - 1180 level) and silver ( to USD 15.50 level ). Dollar index should go up back to 96 level.
We have a good bull trend coming up from early January 2018 to fall 2018 , where in gold should hit atleast USD 1580 level, probably move toward the all time high of USD 1900.Silver will move up accordingly.
Then we will have a correction in PM and base metals till some time early 2019 and then the full blown bull trend should start in both PM and base metals by early /mid 2019 ( by which time Dollar Index should hit 80 level and drop further from there ) , we will get a big intermediate peak in 2020.
I have been advising a hold in PM and base metals exploration scrips till 2020 only for the above reasons.
All the above predictions collected from some of the best analysts in the world and cross checked for comparison.
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