7 Top Market Forecasts For 2021

InvestingHaven's annual forecasts are here, and they have proven to be highly accurate in recent years. This is a summary of 7 predictions for 2021.

We have published most of our annual 2021 forecasts. This article highlights 10 of what we consider key insights for 2021, and is meant as a summary for our followers. Once more, we predict 2021 to be a profitable year for those that can time the market and select the right assets/markets/sectors.

We mention the source and one or a few quotes that highlight a key insight as it relates to our 2021 forecasts.

A Dow Jones Forecast For 2021 *New All Time Highs*

Our Dow Jones forecast for 2021 is strongly bullish. We expect the Dow Jones to hit 32,000 points in 2021. We forecast lots of volatility as the Dow Jones will be testing the 32k area, presumably near the end of 2021 or in 2022.

A Gold Price Forecast For 2021 *Gold 2200 USD Underway*

So this an early stage bull market in precious metals, and our gold price forecast reflects a strong start in 2021. We predict gold’s price could rise to the $2,200 – $2,400 area in 2021. Our 2021 forecast is strongly bullish with a big spike. So our gold price forecast represents more of a spike, rather than an average gold price. Moreover, we don’t expect gold to hit this target in the first month(s) of the year.

A Silver Price Forecast For 2021 *Silver 30 USD Underway*

We expect price north of $28/oz in 2021. The prerequisite is that gold moves above 1925 USD/oz for 3 consecutive weeks, this might happen early on in 2021 or late. We also need to see a strong Euro, essentially the Euro bull market has to be there. Our 2021 silver forecast is bullish.

Which Precious Metal To Buy In 2021?

As 2021 kicks off, platinum is in the process of preparing a secular breakout. This is really powerful. With all this in mind, it should be clear which precious metal we would pick and how to trade it in 2021: platinum.

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Disclosure: Enjoying our work? We invest in broad stocks as well as commodities in our Momentum ...

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