Gold price prediction

Discussion in 'Gold' started by mmm....shiney!, Jul 28, 2021.

  1. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Macquarie's prediction from July 2020 for the following 12 months was USD1800, gold traded in the USD1600 - USD1800 range during that period. Screen Shot 2021-07-28 at 1.32.38 pm.png
    They've released their predictions for the next 12 months and it's a little more bearish, being in the USD1500 - USD1600 range.

    Screen Shot 2021-07-28 at 1.32.49 pm.png

    The author of the article linked below believes that the MBAs at Macquarie are on drugs, the apes are his price points in 2023 and 2025, USD2100 - USD2200, just shy of AUD3000 in today's terms.

    https://stockhead.com.au/experts/guy-on-rocks-gold-price-forecast-ape-versus-the-cfa
     
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  2. alor

    alor Well-Known Member Silver Stacker

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    apes ploting the price chart
     
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  3. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    with DELTA roaming the streets in all parts of the world… only way it UP!
     
  4. PMCollector

    PMCollector Well-Known Member

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    Interesting interview with Paulson (1:18 - 4:10) ... bullish on gold, inflation, etc

     
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  5. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Two views on gold.

    1. The bearish - S+P's reflect Macquarie's:

    https://stockhead.com.au/resources/nickel-copper-or-gold-which-metals-will-outperform-in-2022
     
  6. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    2. The bullish - Sprott's Rick Rule:

    https://stockhead.com.au/resources/...ade-and-the-next-big-contrarian-play-is-gold/
     
  7. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Regarding Rick Rule and his comment:

    https://stockhead.com.au/resources/...ade-and-the-next-big-contrarian-play-is-gold/

    Manuka Resources (ASX:MKR) for instance:

    August gold/silver profit:

    Screen Shot 2021-10-13 at 6.52.25 am.png

    September gold/silver profit:

    Screen Shot 2021-10-13 at 9.17.00 am.png

    MKR at the time of posting 0.34, all time high about 0.68 on 24/08/20.
     

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    Last edited: Oct 13, 2021 at 12:18 AM
  8. heartastack

    heartastack Well-Known Member Silver Stacker

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    I believe MKR is one of the best sleeper finds on this forum, thanks Shiney! I'm just hoping something else pops soon so I can siphon into it...
     
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  9. heartastack

    heartastack Well-Known Member Silver Stacker

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    Looks like my GIB could give me that opportunity!
     
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  10. TreasureHunter

    TreasureHunter Well-Known Member

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    If cryptos crash and the lower they crash, the higher gold will go!

    Why: because these are the only 2 directions investors can go vs. the fiat madness.
     
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