WOW $25,000.00 call on POG The next 30 years is going to see supply and demand fundamentals shift in favor of gold, and prices will push much higher to over $25,000 an ounce by 2049 when using historical average growth rates, this according to Pierre Lassonde, chairman of Franco-Nevada, in a recent webcast, joining Frank Holmes, CEO of U.S. Global Investors.
On a shorter time frame, gold prices in the next five years can hit anywhere between $2,500 and $10,000 an ounce, if historical equities to gold ratios are applied to current levels, as historically, the Dow Jones to gold ratio hit one to one during times of peak gold prices.