RE:Get ready for $2,500 gold price this summer !Gold at $2500 doesn't look like that much of a stretch. With mine closures and increased demand the price could go higher than that. Seeing $3000 over the next few months would not be out of the question at all IMO.
With silver it looks like there will be a significant shortage with increasing demand. With a gold / silver ratio of 60 the price of silver would be about $42 at $2500 gold.
When silver hit the $40s a few years ago it was short lived. This time, if it happens, it looks like it would extend over a much longer time frame. Having peaks significantly higher would be expected.
At some point the banks will lose control of the gold and silver prices. Especially when the solvency of fiat currencies hit the mainstream. The is a very real possibility. Some people may say it is just a matter of time.