Re gold price 2022/2023. FatProphets provided a great report on...

Re gold price 2022/2023. FatProphets provided a great report on gold price projection, drawing on a broad range credible sources (Congressional Budget Office, Bloomberg, World Gold Council, Trading Economics etc). Not all gloss, not all doom. Their bottom line

"The king US Dollar remains a gold price rally stumbling block. The swift downward reaction of the US Dollar, however, to the softer October inflationary read indicates the coil for a pivot is, if not already occurred, at hand.

Although gold demand and supply will be annoyances in 2023 in supporting a price rally, we believe, the key driver of the gold price is the US Dollar. To this end, we believe the factors at play to drive the US Dollar lower remain very much in play. Rising US debt, a slowing US economy, sticky inflation and now the added potential in the narrowing of US interest rate differentials are the ingredients for a lower US Dollar.Consequently, we maintain our view that the gold price will test the US$2,075 an ounce record high in 2023."