Maritime Resources Corp V.MAE

Forecasting $15,000 POG

[nozzpack]

This will happen although 2026 seems somewhat early.
The demise of the Petrodollar, and associated hegemony of the US and its unipolar world is collapsing as we speak .

All central banks are loading up with gold , as oil is now in the process of being transacted in national currencies and the USD is now worth less than 5  cents of its value in 1971 when the US exited the gold standard.

The POG is still a paper exercise , as is evident...but much less...as we await for the US FED decision on interest rates today.

Like equities, valuations are now based mostly on the financial whims of the FED rather than fundamentals .
This too is changing as China has now set up its own Gold pricing.

And the higher the POG, the more debt that can be wiped out.

Sometimes, such things happen slowly, then suddenly.

This article is a very good read and it's POG forecast is valid but the time frame may be too compressed...but what do I know..

https://dailyreckoning.com/15000-gold/

https://dailyreckoning.com/15000-gold/

[Ork]

Can see $3k Gold but $15k nope won't ever happen in our lifetimes - even India govt trying to ween  folks away from the physical by releasing a gold backed bond, yea more paper gold, never ends- gold the perfect study of supply & demand, the longer the price remains elevated the more is produced capping the price- if it stays around $2k to $2.5k that's great for all parties