Hi MaccaJohnI’m a believer in a Strong Long term Gold Price-...

Hi MaccaJohn
I’m a believer in a Strong Long term Gold Price
- $2,500 within 12 Months?
A pullback however is tipped in the Short Term.
The obvious catalyst is the upcoming US 0.5% Interest Rate rise in May, followed by several more in quick succession, to try and contain rampant Inflation.
- A Strengthening US$
The Gold Price in AUD$ should not be Greatly Impacted as the US$ Strengthens? This won’t last / will be brief IMO. I’m Tipping the Gold Price to bounce Strongly / US$ to fall (July / New Financial Year?) as Big Players Reposition. Markets to Tank?
The Rising Cost of Debt (Sovereign / Corporate & Household) the Issue.
Mortgage Stress will be High.
Interest Rates have been at Record Lows.
This must translate to a significant Fall in Property Markets. Another Catalyst for a Rising Gold Price.
This is all going to take place with the World not Fully recovered from the Covid Pandemic (Supply Issues) and the consequences of the current War in the Ukraine. (High Energy Prices / Food Shortages / Millions of Refugees / Europe Severely Impacted)
A Perfect Storm for Gold?
This is where I’m at MaccaJohn. Thoughts?