What a madness is happening with gold! As an investor who has seen cycles come and go, I never imagined we would be talking about gold at 3,000 dollars so soon. But here we are, in a world where the golden metal has become the undisputed star of 2024.
After years of following this market, I have to confess something: gold is not just a metal, it is a thermometer of our collective fear. And what I see now both unsettles and excites me.
What is really happening with gold
Gold has broken historical highs in ALL the currencies of the world since the beginning of 2024. Coincidence? Ha! This is a clear sign of global distrust in traditional currencies. Central banks are buying gold like crazy while printing money non-stop.
And don't come to me with those conservative forecasts. My analysis suggests that we will see:
2024: up to $2,600 ( and we have already seen how it surpassed $2,400! )
2025: $3,000 will be just the beginning!
2026: around 3,900$, when most will wake up too late
2030: $5,000 is a conservative target if monetary policies remain the same.
The real reason behind this rise
Let’s be honest: inflation is not going to disappear. Central banks are blatantly lying about their inflation targets while continuing to expand the money supply. M2 and the CPI are constantly moving upward, and that is pure gasoline for the price of gold.
And what do you tell me about those "experts" who link gold to recessions? What nonsense! The correlation of gold with the S&P 500 and inflation expectations (TIP ETF) completely dismantles that myth. Gold rises when inflation expectations rise, not when the economy is sinking.
The Dirty Game in Futures Markets
Meanwhile, in the futures markets, the net short positions of commercials remain ridiculously high. For those of us who know how to read between the lines, it is clear that there is foul play here. Theodore Butler explained it perfectly before he died: the big players manipulate these markets to keep the price artificially controlled.
But even they won't be able to hold it back for long!
Gold or silver? A crucial decision
Here goes my most controversial advice: silver will be the true star of this cycle. While everyone is looking at gold, silver is forming a cup and handle pattern that could explode in 2024-2025. $50 per ounce is inevitable, and it could go much further.
I have part of my capital in both metals, but I am increasing my exposure to silver. The current gold/silver ratio is simply unsustainable.
Banks are waking up late
I laugh when I see the forecasts from Goldman Sachs (2.700$), UBS (2.700$), or JP Morgan (2.850$). They are always several steps behind. By the time they finally get on board, we will be talking about much higher prices.
It is no coincidence that most of their forecasts converge around $2,700-2,800. It's as if they are calling each other to agree and not seem extreme.
Personal conclusion
The gold market does not lie. The break of patterns we have seen in the 50 and 20-year charts is brutal. We are at the beginning of a bull market that few understand in its true magnitude.
Could gold reach $10,000? Under extreme conditions, absolutely. But even my target of $5,000 for 2030 will be enough to change many financial lives.
My advice: don't wait for consensus. When everyone is talking about gold, it will already be too late for big profits.
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Gold Will Shine Even Brighter: My Personal Vision for 2024-2030
What a madness is happening with gold! As an investor who has seen cycles come and go, I never imagined we would be talking about gold at 3,000 dollars so soon. But here we are, in a world where the golden metal has become the undisputed star of 2024.
After years of following this market, I have to confess something: gold is not just a metal, it is a thermometer of our collective fear. And what I see now both unsettles and excites me.
What is really happening with gold
Gold has broken historical highs in ALL the currencies of the world since the beginning of 2024. Coincidence? Ha! This is a clear sign of global distrust in traditional currencies. Central banks are buying gold like crazy while printing money non-stop.
And don't come to me with those conservative forecasts. My analysis suggests that we will see:
The real reason behind this rise
Let’s be honest: inflation is not going to disappear. Central banks are blatantly lying about their inflation targets while continuing to expand the money supply. M2 and the CPI are constantly moving upward, and that is pure gasoline for the price of gold.
And what do you tell me about those "experts" who link gold to recessions? What nonsense! The correlation of gold with the S&P 500 and inflation expectations (TIP ETF) completely dismantles that myth. Gold rises when inflation expectations rise, not when the economy is sinking.
The Dirty Game in Futures Markets
Meanwhile, in the futures markets, the net short positions of commercials remain ridiculously high. For those of us who know how to read between the lines, it is clear that there is foul play here. Theodore Butler explained it perfectly before he died: the big players manipulate these markets to keep the price artificially controlled.
But even they won't be able to hold it back for long!
Gold or silver? A crucial decision
Here goes my most controversial advice: silver will be the true star of this cycle. While everyone is looking at gold, silver is forming a cup and handle pattern that could explode in 2024-2025. $50 per ounce is inevitable, and it could go much further.
I have part of my capital in both metals, but I am increasing my exposure to silver. The current gold/silver ratio is simply unsustainable.
Banks are waking up late
I laugh when I see the forecasts from Goldman Sachs (2.700$), UBS (2.700$), or JP Morgan (2.850$). They are always several steps behind. By the time they finally get on board, we will be talking about much higher prices.
It is no coincidence that most of their forecasts converge around $2,700-2,800. It's as if they are calling each other to agree and not seem extreme.
Personal conclusion
The gold market does not lie. The break of patterns we have seen in the 50 and 20-year charts is brutal. We are at the beginning of a bull market that few understand in its true magnitude.
Could gold reach $10,000? Under extreme conditions, absolutely. But even my target of $5,000 for 2030 will be enough to change many financial lives.
My advice: don't wait for consensus. When everyone is talking about gold, it will already be too late for big profits.