RE:RE:Minray, BC2020, O4TM couldn’t agree more <p> I agree.<br /> <br /> With the people predicting the price of gold to go down to $1100. They base this in inflation and or deflation. And they base that one how well it correlates with it which is virtually 100%. </p> <p> </p>
What they say is that gold correlated with inflation and right now is being propped up by money printing. Gold will show good strength in 2022-2022 but when deflation sets in gold will suffer greatly. He bases his predictions on cyclical studies which are fairly accurate. 2038 will be the next gold boom.
If a person could get an understanding of these cycles there is much money to be made!!