I Predicted $5,000 Gold

Gold, Bars, Wealth, Finance, Gold Bars, Deposit

Image Source: Pixabay

Originally, I was going to put this post together to highlight the fact that Big Round Numbers were coming up soon for silver ($100 per ounce) and gold ($5,000), both for the first time in history. After all, gold is blasting higher at this very moment:

Which makes sense, given the marvelous pattern I pointed out years ago.

Likewise, silver is enjoying dynamite times.

As are, for obvious reasons, the miners who dig the stuff up in the first place. GDX is up about 800% since 2016, more or less. Incredible!

Yet I stopped myself, out of curiosity, to see if I had ever gone out on a limb and guessed gold would reach these levels. Turns out the reason is not just yes, but hell yes.

Just a few examples are here, here, and here, and these weren’t from last week – – these were from YEARS ago. Pretty impressive for a simple chartist, eh? Check these out from 2021 and 2022……….