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Will gold hit $4,000+ An Oz. by 2027?

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JohnyMac:

Who has been paying attention to gold of late? As you can see on the above chart it exceeded $2,181- an oz. recently.

Martin Armstrong predicts gold will hit $2,300- an oz. by year end and settle in the $2,250- per oz. region.

History shows us that gold climbs like it is when war is just over the horizon or when the economy is about to reset. We saw this in the following years,

< 1930-34 +129%, (Post collapse of the stock market of 1929)
> 1971-74 +169%, (1971 the dollar was not backed by gold)
> 1976-80 +203%, and (Years of greatest inflation)
> 2001-11 +112%.  (Dot bubble and real estate collapse)
https://www.macrotrends.net/1333/historical-gold-prices-100-year-chart

Since January 2023 till today, we have seen a 15% increase. Nothing like we saw over the previous 77-years at an average of 108%. Keep in mind though, the typical average of highs and lows was four years (2001-11 there was two small dips then increases) so in theory, 2023 till 2027, we could see a $4,000- PLUS an oz. for gold.

Remember, gold should not be used for investing. It should be used for holding wealth. It should also be used as a hedge against inflation.

Stay tuned,
 :popcorn: 

grizz:
If I happen to come into a few oz of gold in that time frame it is most likely the price will drop, just my luck  :lmfao:

JohnyMac:
Grizz,  :lmfao: I have the same luck.  :cheers:

Sir John Honeybucket:
I used to have a fair stack of gold and silver, then I got married... :word:

grizz:

--- Quote from: Sir John Honeybucket on March 12, 2024, 01:00:44 PM ---I used to have a fair stack of gold and silver, then I got married... :word:

--- End quote ---

Get divorced and see how much you have left  :faint:

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