Post by
MaterialsMan on Sep 13, 2024 9:36am
Prognostication
A fellow named Florian Grummes of Midas Touch Is supposed to be spot on with his predictions in regards to the projected price of gold.
He is suggesting in a Kitco interview from yesterday that if gold closes the week north of 2540, we can look forward to three thousand in short order.
Right now, it's lookin good.
He sounds very convincing in his analysis.
Comment by
Rainman01 on Sep 13, 2024 10:04am
The stars are about to line up. With Bricks countries buying gold and retail investors also buying gold we are seeing a total shift in the way the world conducts business. There is 159 countries signing up for the new system that has 40 % backed gold. Really makes sense in today's world with all the money printing and debt that there needs to be collateral . Checks and balances.
Comment by
MaterialsMan on Sep 13, 2024 4:59pm
Well, looks as if this fellow got his 2540+ end of the week close. Now we'll see how good he is at seeing into the future. Hope he's right.
Comment by
MaterialsMan on Sep 20, 2024 8:15am
If this guy turns out to be right, it might be wise to fasten your seatbelts. The way it blew through 2600 overnight may be the beginning of a wild ride.
Comment by
MaterialsMan on Oct 23, 2024 5:19am
When Florian Grimmes implied about a month ago that he expected gold to reach 3k in short order, it sounded like pie in the sky. He's over 50% of the way there already, and we still have a couple more months till the years end. 'fingers crossed'. There has been a tight lid on any news or statements coming out of the BRICS conference. I wonder why.