GOLD 0.51% $1,391.7 gold futures

GOLD $10,000, page-2

  1. 24,765 Posts.
    Gold Has Bottomed, The Next Price Target is $3,600

    Gold has just finished a 2-year correction and consolidation, after finding support near the all-in cost of production. Our analysis suggests that the next wave higher will bring the gold price to a minimum of $3,600 by the end of 2016.



    If you think our price targets are bullish, consider that John Williams of Shadowstats.com forecasts that gold needs to climb to nearly $9,000 and silver to over $500 per ounce to match the inflation-adjusted highs attained during 1980!

    The U.S. dollar and other fiat currencies are rapidly declining in value as the Federal Reserve, ECB and Western governments are printing and borrowing with reckless abandon. This race to debase is creating ripe conditions for inflation and the potential for hyper-inflation in the coming years. Adding fuel to the fire, Russia, China and countries around the world are starting to bypass the dollar in international trade. Indeed, it appears the days of the dollar as world reserve currency are numbered!


    The full read is at http://www.goldstockbull.com/
 
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