In January 1980 gold hit US$880 and from then on it was down ... down ... down ...
Today, 33 years and 6 months later, after a 10 years bull market, gold is US$1220. That is a gain of 38.64% in 33 years and 6 months.
On that basis I'm expecting to see gold 38.64% higher in 33 years and 6 months time - to be precise in January 2047.
This means a gold price of US$1691.40.
So in January 2047, enjoy your profits from investing in physical gold and don't forget to party hard celebrating.
PS: Don't forget to make a post in HotCopper congratulating me on my accuracy. Thanks.
- Forums
- Commodities
- GOLD
- i'm expecting us$1691.40 gold ...
i'm expecting us$1691.40 gold ...
-
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)