RE:RE:Long term analysis of Gold: Gold can skyrocket to $25,000The experts can predict with all kinds of caveats, e.g. "given the right conditions, PoG COULD reach 25,000 (that is USD/oz). The price is also bracketed between 5000 to 25000. But the upper limit (even the lower limit) is mind boggling.
Looking back at PoG history during the last 60 years, PoG started out at US $35/oz and reached a max at about US $1800/oz in 2012 then back down to 1100 in 2016, and now to just over 1500.
https://goldprice.org/gold-price-chart.html
As indicated, even 5000/oz is still mind boggling. A PoG of about US $2500/oz would send gold stock price through the roof... and most of us would liquidate our gold stock positions, to retire young, and buy something else, like real estate.
GH11
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