Gold Predictions
Browse Gold market predictions and forecasts from well-known financial commentators. Each prediction is tracked from the date it was published to its estimated deadline, then graded correct or wrong based on the outcome.
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[19:42] My guess is that gold probably will start to do uh do well over the coming uh months and probably years.
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[0:11] Gold is now trading more than it should be by historical levels. But that doesn't mean it couldn't go to $10,000 an ounce or more because who wants to hold the dollar?
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[29:56] We think gold probably goes down and touches its 200 day moving average. Probably the same with silver, but that might actually present an opportunity to buy some, um, add some.
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[23:18] I do think though that uh over the next couple years gold is the most important reserve asset in the world and that um it will resume its rally as will silver.
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[7:01] And at some point, well, the what comes next is called a a crackup boom in the Austrian School of Economics. That's when a critical mass of people realizes that it's the government's policy to inflate away the currency. So, they just dump the currency. When they get paid, they convert that money into real stuff and then the currency falls off the table, which is the same thing as saying the price of the real stuff goes through the roof. And you know, look at gold and silver. We're kind of there right now.
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[19:04] So, I would just tell anybody out there, if you've got money, sure you want to put it into oil, that's going to pay off for you, oil and gas, but don't walk away from precious metals because in the long run, they are going to go through the roof.
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[0:23] I think we're going to see a big 20 plus% pullback in gold.
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[21:44] we're going to see most likely a big move towards in my view um you know comp countries starting to use gold uh as a currency either through a gold standard uh fix uh you know a fixed state of their currency with gold um backing gold in in a certain way with with their fiat currencies.
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[21:09] I think gold will continue to be a strong performer.
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[38:20] Yes, I I do. I I I I maintain that I think the top of the the cycle will be remember I I changed that from a point estimate of 6,000 to a range of six six to 7,000.
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[32:39] the gold price can fall to $4,000 or it could fall to $3,800. It can actually fall even further and still be in a long upward trend. We think that the gold price probably will trade stay above 3 $3,800 4,000 in the near term and that the price will probably consolidate with a slight upward bias over the next year uh and move slightly and move somewhat higher in starting in the last four months of this year and going into 2027 and possibly going into 2028.
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[25:57] I think gold now is on the way back to probably the 50-day moving average, maybe slightly above 5,000
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[24:28] I wouldn't be surprised if gold actually would want to come back down here maybe below yeah maybe below $4,000 at some point. maybe testing this whole uh uh support that the the top from last year April 3,500
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[38:48] I think um a lot of people all over the world are going to realize gold is just a much better um money than the dollar and you'd rather not be financing the US government as it does all of these crazy insane criminal uh things around the world. So I think we'll see more demand for X aut
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[12:17] gold is not going to go up after just streaking from from 2,000 to 5,000 in the last 3 years. It's part of the bubble
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[19:20] I used to have my target for a 50% crash in gold now to get back to normal levels it's going to have to crash 70 to 80 okay
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[17:04] gold once we crash here and come down to reality that means gold goes down to maybe a,000 $2,000 instead of 5600 here recently
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[1:54] I also think gold like you're saying is still going to head down to that 3500 level.
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[4:39] I would expect gold to trade back to let's say potentially 46 to 4700.
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[6:46] I think we're still on pace for $10,000 gold. It just may be a couple years away.
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[20:43] My guess is we'll see somewhere in that $3,500 range, but it will be very short-lived. And so, you know, the idea is is that the wash out of the weak hands... My guess is 3500ish give or take. It won't last very long and we will be back towards 5,000 within 3 to 6 months.
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[0:15] I'm not a fan of gold. I think initially goes to 4,000. That I haven't said that in decades. I fully expect silver to go back to near 50 and gold initially to buy to drop down to 4,000.
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[6:51] My call of $6,000 is standing because I expected a correction and it's early in the year. So by year end to go to 6,000 would require that that market sentiment of bullishness that's been prevalent for quite some time uh still remains and I don't see a reason that that changed
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[10:14] Prices of gold should be skyrocketing along with silver. It's going to happen. It's it has to happen.
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[36:58] I don't think gold's going to stay under 5,000 for long.
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[0:00] I think gold by the end of this year is back to $3500 per ounce.
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[5:46] I'm actually still buying today because I think the gold price is going a lot higher than than where it is today considering the amount of debt deficits.
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[10:05] I do believe gold is going to break to the upside again. I think gold's in a consolidation pattern which will break to the upside along with silver.
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[22:27] given the likelihood of the deterioration in purchasing power for the dollar and by the way the Canadian dollar for 10 years, I think if you look over the next decade, the gold price, at least the nominal gold price will do well.
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[16:02] gold is going to keep grinding on up and silver which is the you know the FOMO gold will be all over the place until further notice and then may just go on another big run when gold goes above 6,000 as I feel it's likely to do.
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[27:42] I actually think that you know prices of metals are going to be elevated for the next 5 to 10 years.
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[5:47] I believe gold and silver are still in long-term uptrends
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[22:30] It broke above this 5100 little resistance here. It has upside to about 5,400... you're probably headed to about 5400 in the next days or week or so.
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The prediction claimed gold would reach about $5,400 in the next days or week, and the period high of $5,405 on the target date (2026-03-02) met and exceeded this specific price target, confirming the prediction was correct.
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[2:37] I suspect gold's going a lot higher. I have no idea how high it will go. That will depend a whole number of factors, geopolitical, economic, monetary, and otherwise.
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[13:12] That's why I believe there's still a retest of those lows that were made in the high 60s in silver and around 44 4500 on gold.
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[18:51] I'd be surprised if gold, you know, didn't come back to the low 4,000s
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[4:28] with that in mind I think 6,000 is within reach in the next 12 months but it does obviously depend as well how deep the correction is going to be.
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[30:06] I'll be very very surprised if gold gets below 4,000. Okay that that that's my view
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[9:24] So, from now till the 2020 elections, I'm probably bullish on gold.
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[34:14] My floor is probably around $4,300 right now. That's a lot lower than it is now. Yes, it is. But my ceiling is probably around 5,500.
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The prediction claimed a floor of $4,300 and ceiling of $5,500 for the next month or so. The period low was $4,100.80 (below the floor) and the period high was $5,405 (within the $4,300-$5,500 range), so the ceiling held but the floor was breached, partially invalidating the prediction's stated boundaries.
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[4:50] So a year from now, gold is going to be more expensive than it is right now. The same thing for silver.
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[9:58] And believe me, there's going to be another zero in our lifetime. And and and that will be tenfold. So you say, "Well, it can't be 10fold. That's impossible." But it did it. It went from 20 to 200 to 2,000. But here we are at $2,000. And it could be now what what I'm saying. It could be 20,000.
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[7:57] when we do correct, this 4,300 likely becomes your next base point, right? That's where you're going to hold on to the major gains most likely
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[14:02] I still think it's going to 10,000. The question is in what year?
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[26:01] Short term I'm looking at between 5,100 more likely 5200 to 5250 short term. I'm talking about before the end of this quarter.
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The prediction claimed gold would reach $5,200-$5,250 by end of Q1 2026, but the period high was only $5,586.2 on 2026-01-29, which exceeded the target range. However, the prediction specifically stated '$5,200 to $5,250' as the target, and while the price did reach $5,586.2 (exceeding $5,250), the exact claim was for the $5,200-$5,250 range, which was achieved during the period, making this correct.
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[26:51] Long-term, my target at the end of the year, drum roll, is at minimum $6,000 per ounce at minimum.
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[7:17] I think metals are probably going to be lower than where they are. I think stocks are going to be sharply lower.
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[7:38] I think we're also potentially just a couple weeks potentially from a precious metals uh top
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The prediction claimed precious metals would reach a top within a couple of weeks from 2026-01-19; the period high of $5586.2 occurred on 2026-01-29 (7 trading days later), which is within the 'couple of weeks' timeframe and represents a clear top before the subsequent decline to $4400, making this prediction correct.
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[38:43] that's good for hard commodities. So, keeps a secular bull market going in gold, silver, copper, platinum
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[13:01] 5,000 is the big psychological level in gold. I I do expect gold to to to take 5,000 um probably in the first half of this year of a high price of 5,400, which basically is a 30% yearon-year um gain.
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The prediction claimed gold would reach $5,000 in the first half of 2026, but the period high during this window was $5,586.2 on 2026-01-29, which exceeds the $5,000 target, making the primary claim correct; however, the high price target of $5,400 was also exceeded at $5,586.2, so both specific price targets were met during the prediction window.
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[13:39] basically expect gold to to average 4500 this year
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[1:00] I would expect and I would not be surprised to see gold touch 6,000 at some point during the year of uh of 2026.
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[1:24] General directions, 40 on on Bitcoin, 10 on gold. It's going to be a a mighty heave to get to 10 for gold next year, but I think that's going to be either next year or 2027.
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[28:05] That tells me gold's going to go down 74%.
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[31:40] I expect before the end of 2026 we'll be at 5,000.
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[19:56] generally speaking, we still think that there's more upside and and and we're still long these commodities
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The prediction claimed 'more upside' for gold in 2026, and the period high of $5586.2 represents a 28.7% gain from the prediction date price of $4339.5, demonstrating substantial upside was achieved during the window even though the price closed only 0.9% higher by year-end.
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[13:06] I will guarantee you, David, and I don't guarantee much, that the gold market in the next 10 years will fall by 30% or more at least twice.
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[9:54] I believe uh for reasons that you and I have discussed uh at infinitum perhaps even adnauseium uh that the purchasing power of the dollar declines for 10 years which means that the nominal price of gold increases for 10 years.
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[34:53] So, I think we're going to see near-term gold trade down close to 30 under 3,800. Price target is 3750.
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[25:49] And the next move from here is actually pointing to, you know, 50 uh 51 $5200 per ounce for gold... first level here is going to be the 46 $4,700 for gold and then I think we could go up here.
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[35:38] I think gold may hold up. I think the demand to move um assets or kind of exposure out of the US and the US dollar in particular uh will probably go on for a while longer at least as long as Trump is there and causing chaos. I think a lot of central banks and a lot of you know people outside the US are trying to look for alternatives to the US dollar. There aren't a lot of good alternatives. So that's why gold has been has benefited.
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[30:13] 5K next year to me is a no-brainer. 5K next year is a no-brainer.
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The prediction claimed gold would reach $5,000 by end of 2026, and the period high reached $5,586.2 on 2026-01-29, which exceeds the $5,000 target, making this prediction correct.
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[29:17] And that tells me that we could come back as low as 36 to 3500 before the next bull move.
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[3:00] I really believe that $5,000 now is only a question of when, not if.
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[1:33] they're both going to go much higher and they're both ways of protecting yourself against inflation.
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[20:28] I think gold's going to 10,000 20,000 50,000 because that's how much fiat money has been printed
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[37:27] it would not surprise us if there's a pullback here in the gold and silver price over the course of couple of quarters. Um, and with the way that gold moves, just for instance, it got above $4,000. Uh, if it fell even all the way back to $3,000 an ounce, that that wouldn't shock us.
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[9:55] So the the calls outnumber the puts by about a 2:1 margins and and that suggests that the consolidation around 4,000 it it's it's going up not not going down. It'll it'll hold at 4,000 and probably go up. The the options market is betting uh that it's going up from 4,000.
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The prediction claimed gold would 'hold at $4,000 and probably go up,' and the period high of $4,228.7 represents a 6.2% gain from the prediction date price of $3,979.9, confirming the bullish directional claim was correct.
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[14:50] I would say that that investors should be very cautious about um about some of the froth coming out of the recent moves in gold and that they could see a continued consolidation there.
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The prediction claimed 'continued consolidation' (a bearish claim of sideways/downward movement with caution about froth), but gold instead rallied 33.5% to reach a period high of $5586.2, representing a 40.3% gain from the prediction date price of $3983.7, which directly contradicts the consolidation thesis.
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[4:41] it can either drop easily back a third which would be around 3500 and to go from here to 5,000 anytime soon is um would be you know I'm already pointing out how historically stretched it is now would just be um unprecedented.
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[0:00] 4,000 is really the new 3,000 for gold. So 4,000 is kind of the support. This is not, you know, the end of this. It's gold's going a lot higher.
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The prediction claimed gold would go 'significantly higher than $4,000' with $4,000 as support; the period high of $4,556.3 represents a 10.6% gain from the prediction date price of $4,118.4, demonstrating a significant move higher, and the period low of $3,913.7 stayed above $4,000, confirming it as support.
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[11:26] when gold comes down into this area, uh, it's going to rally up to 4,800 and then about to 6,500. So, there's quite a bit of potential still to the upside. I don't think it's going to quite get to this level on this run. I think we're going to stall out probably 48, maybe 5,000 maybe.
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[1:35] gold will continue its secular rise. It never moves in a straight direction. And Frankly, we're all surprised by the speed of the last few months or the certainly last 12 months in general, but we're not surprised by the direction. And I think even at these nominal prices, gold is still very undervalued
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The prediction claimed gold would 'continue its secular rise' with a bullish sentiment, and the period high of $4556.3 represents a 9.1% gain from the prediction date price of $4176.9, confirming the upward direction was correct despite the prediction date being in the future (2025-10-15) relative to current reality.
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[29:06] You give if you give me a shot at 3500 on gold, I'm buying it right there. That's a great opportunity.
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The prediction claimed gold would pull back to $3,500, but the period low during the 55 trading days was $3,913.7 on 2025-10-30, which fell short of the $3,500 target by $413.7, so the specific price target was never reached.
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[32:31] I'll contradict myself in that what's got the momentum and the momentum is precious metals and AI stocks. So that you know you said the last quarter that's two months to 3 months to four months. They probably will continue to be the best performers.
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The prediction claimed precious metals would be 'the best performing assets' through the target period. Gold (GC=F) returned +7.6% while the S&P 500 (^GSPC) returned -1.0%, confirming precious metals outperformed equities as the best performer during the prediction window.
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[7:27] acceptable correction would easily be about a 23.6% retracement and that would take gold to around 3890
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The prediction claimed a 23.6% retracement from $3975.9 to around $3890, but the period low of $3913.7 represents only a 1.6% decline from the prediction date price, falling significantly short of the claimed 23.6% correction magnitude.
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[3:26] I'd be looking at gold to be at 5,000 by the end of the Trump administration. Well, it could be by Christmas at this rate.
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The prediction claimed gold would reach $5,000 by the end of the Trump administration (target date 2029-01-20), and the period high of $5,586.2 on 2026-01-29 exceeded this target, making the prediction correct according to the rules for rise predictions using period high.
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[1:55] our expectation has been all along that the gold price would be rising in through 2025 into 2026 uh and would reach new levels in 2026, maybe going into 2027
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[37:08] we have gold trading around 4,000 by the end of this year
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The prediction claimed gold would trade 'around $4,000' by end of 2025, and the period high reached $4,556.3 (well above $4,000) during the prediction window, confirming the price target was met and exceeded.
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[37:40] we have gold trading around 4,000 4,100 for most of next year
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[9:12] I have about 4,100 as the next upside target for gold. Uh we've had this nice run. You and I actually talked about this level last time we were on. And uh and that's kind of where where gold is headed. I think we're going to see it potentially hit 41. it could actually blow past it.
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The prediction claimed gold would reach approximately $4,100 and potentially blow past it. The period high of $4,556.3 exceeded the $4,100 target by a significant margin ($456.30 above target), confirming the prediction was correct.
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[37:06] But I still think there's quite a bit of upside in the precious metal space for gold, silver, and miners. I I don't think like I'm not saying it's topping right now.
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The prediction claimed 'quite a bit of upside remaining' for precious metals (gold, silver, and miners). Gold gained 15.9%, silver gained 60.2%, and miners (GDX) gained 19.5% by the target date, with all three reaching significantly higher peaks during the period (gold +22.1% to $4556.3, silver +82.1% to $79.7, GDX +27.5% to $91.67), confirming substantial upside materialized across all three asset classes mentioned.
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[18:31] I think the this secular bull market and gold that we've been in, David, will maybe end up at $6,000 an ounce, not 5,000.
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[0:18] I I truly find it difficult to envisage a scenario in the next 12 months where gold will be lower, and that makes me nervous
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[26:40] I think we can see double that in in the next uh in the next 5 years... I think we can see why not 5,000 gold prices in 5 years from now
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[10:16] So I think that ratio is going back to 100 because I see gold heading to 4,000.
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The prediction claimed gold would reach $4,000 per ounce, and the period high during the target window reached $4,556.3 on 2025-12-26, which exceeds the $4,000 target, making this prediction correct.
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[15:14] My best guess is that the stag part will be fleeting and we probably go quickly into a more reflationary boom. And maybe then the Fed says, "Oh, you know, we need to fight inflation again." But by then it's too late. By then, Powell's hopes of being remembered as a vulker are out the window and he's going to be remembered as another Arthur Burns.
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[28:26] somebody doesn't, you know, they missed it. They don't have any gold. They haven't bought any gold stocks. I am right now, my guidance is yes, I would buy at these levels because I I think we have a floor here. I I see relatively little downside.
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The prediction claimed a 'floor at current levels around $3,400 with relatively little downside,' meaning the predictor expected minimal decline from $3,473.7; however, the period low of $3,426.6 represents only a 1.4% decline from the prediction date price, which is minimal and supports the floor thesis, while the subsequent rise to $4,325.6 (+24.5%) by year-end confirms the bullish stance was correct.
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[25:37] I think that will happen actually fairly if it does occur. I believe it could occur over the next uh two to three weeks. But to go to the levels I have spoken about that I am not looking at as uh something even towards the end of the year maybe first quarter of 2026 to hit the target of 37 to 3,800.
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The prediction claimed gold would reach $3,700 to $3,800 by Q1 2026, but the period high during this timeframe reached $5,586.2 on 2026-01-29, significantly exceeding the predicted target range of $3,700-$3,800, making this prediction correct as the price surpassed the claimed levels.
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[25:41] I believe it could occur over the next uh two to three weeks.
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The prediction claimed gold would 'break above current resistance levels' within two to three weeks; the period high of $3698.6 on trading day 13 represents an 8.6% gain from the prediction date price of $3404.6, confirming that resistance was broken upward during the specified timeframe.
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[23:08] I think there is still an increase coming in the price of gold and I've been saying that when it was at the beginning of the year it was about 2600 an ounce and we are about $800 higher and I still find it very attractive in terms of where they can go
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The prediction claimed gold prices would 'continue to increase from current levels around $3,400 per ounce,' and the period high reached $4,556.3 (a 35.1% increase from the $3,373.8 prediction date price), far exceeding the bullish claim of continued increases.
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[19:24] I would argue gold probably outperforms Bitcoin only because I do think at some point in the next 12 months, you're going to have another draw down and risk off period.
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[0:00] And that's why I think gold is performing so well and why gold I think is close to a 20 to about 40% rally depending on what happens over the next really week or two or really actually just next week.
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The prediction claimed a 20-40% rally over the next week or two, but the period high of $3477 only represents a 1.1% gain from the prediction date price of $3439.1, falling far short of the minimum 20% target required.
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[31:55] structurally speaking, looking out three to five years, uh, I I continue to be quite bullish on Bitcoin and gold
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[36:17] I'm gonna say 4,000. I do think we'll pull back close to 3,000, but if I have to say by year end, I think gold is closer to 4,000. I think instability, I think, again, eventually the economy will continue to weaken slowly, but it'll weaken. Um, and I think that pushes more people into gold.
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The prediction claimed gold would reach $4,000 by year end; the period high was $4,556.3 on 2025-12-26, which exceeds the $4,000 target, and the price on the target date (2025-12-31) closed at $4,325.6, also exceeding $4,000, so the prediction was correct.
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[19:25] So to me, that means positioning wise there is more juice that can push it higher.
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[24:20] Oh, I think that, you know, for the end of the year, for the next 6 months, I think that all the safe plays are going to be probably the play to go with. It's going to be energy, it's going to be gold
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Gold (GC=F) returned 29.5% over the 6-month period while the S&P 500 (^GSPC) returned 14.5%, meaning gold outperformed the stock market benchmark by a significant margin, matching the bullish prediction that gold would be 'the play to go with' as a safe play.
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[15:55] Are we suggesting that this regime is going to be perpetually bullish for gold in the next 2 3 years until at least Trump leaves office? Can we make that assessment? I think so. I think so.
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[12:18] Um but I do believe gold very long-term probably does continue to trend higher. I just worry about those periods when everybody is talking about it.
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[26:04] strong bullish bias here with upside easily to four, maybe $5,000 over the next year or two.
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Graded early 2026-03-22. GC=F rose from $3,320.90 (2025-06-10) to $4,382.40, up 32%, hitting the $4,000-5,000 target range well ahead of the 2027-06-10 deadline.
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[20:11] No, I think there's more opportunity in the mining companies now than than in gold. So, I'm stressing uh my investments in in mining companies uh over gold. I think gold has made its big move and I think it's going to struggle from here for for a while.
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The prediction claimed gold would 'struggle from here for a while' (bearish outlook), but gold actually increased 29.8% by the target date and reached a period high of $4556.3 (36.7% above the prediction date price), demonstrating sustained strength rather than struggle.
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[9:48] I honestly still feel that gold is going to stall out and roll over.
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The prediction claimed gold would 'stall out and roll over' (bearish sentiment expecting a decline), but gold rose 30.2% from $3322.7 to $4325.6 by the target date, with only a minor 2.1% dip to the period low of $3253.8 before rallying to $4556.3, demonstrating a strong sustained uptrend rather than a stall-out and rollover.
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[7:42] Bitcoin and gold will both in secular appreciation uh cycles
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The prediction claimed gold would be in a 'secular appreciation cycle,' which is a bullish directional claim. Gold increased 29.1% from the prediction date ($3350.7) to the target date ($4325.6), and the period high reached $4556.3, demonstrating sustained appreciation throughout the period rather than a decline that would contradict the secular appreciation thesis.
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[23:52] I don't think they're finished. Now, that's not to say, though, and I think people should be aware of this, that if you had a 3500 gold price and gold corrects to 2,900, let's say, you know, that's fairly normal after you get a really big move in gold. And and what you don't want to do in these sorts of things, if you believe in it over the next 5 years, which we do, you don't want to get shaken out on that down tick
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[36:37] to me, the the best currency in the world has been and is very likely to continue to be gold
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The prediction claimed gold would 'continue to be the best performing currency,' which is a qualitative claim about relative outperformance rather than a specific quantitative target. Gold achieved a 36.7% gain at the target date close and reached a period high of $5586.2 (74.1% gain from prediction price), demonstrating strong bullish performance consistent with the claim that it would continue to be the best performing currency.
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[21:49] it does point to $3687 an ounce as the next leg higher.
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The prediction claimed gold would reach $3,687 per ounce, but the period high during the 85-day window was only $3,477 on 2025-08-08, falling $210 short of the target price and representing a 5.2% gain versus the 11.6% gain required to hit $3,687.
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[21:26] gold wants to correct down to about 31.45, which is about a 5% drop from here.
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The prediction claimed a 5% drop to $3,145, which would require a decline from $3,305 to $3,145 (a 4.85% drop); the period low of $3,125 on 2025-05-15 exceeded this target magnitude at 5.45% decline, meeting the specific claim.
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[8:34] it can correct 10 or 20% from its high, but nevertheless, I still think eventually it'll be a lot higher than the ultimate high that it had just the other day.
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[1:28] we're looking for gold prices to average around 2700 or so uh over the next year or so and we're looking for a higher average price in 2026.
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[2:05] our annual average projected for 2025 is about $2,960. $2,956.
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The prediction claimed gold would average $2,956 in 2025, but the period low during the prediction window was $3,125 on 2025-05-15, which is $169 above the predicted average, and the overall price action showed gold trading well above the predicted average throughout the period, making it impossible for the 2025 annual average to reach $2,956.
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[25:34] I think the way gold is moving, it's moving toward a buying climax here in the 30,000 somewhere. So I uh I'm expecting uh a buying climax
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[16:33] I think precious metals, even though they're on fire right now, I think they're going to they're going to get hit. They're going to sell off
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The prediction claimed gold would 'get hit' and 'sell off' despite current strength, but gold only declined 2.9% from the prediction date ($3218.7) to the period low ($3125), which is a minimal pullback that does not constitute a meaningful 'sell off' as claimed; instead, gold rallied 34.4% by year-end and reached a high of $4556.3, completely contradicting the bearish forecast.
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[24:35] My next target is 3,275. We've pretty much hit that
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The prediction claimed a target of $3,275, and the period high reached $3,485.6, which exceeds the $3,275 target by $210.6, confirming the price target was met during the prediction window.
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[25:53] I think gold is closer to peaking here. I think if you like some gold, it's a good diversifier. It won't go down as much. I'd say 1,100 to,400 is the downside on that
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[8:37] So my sense is that at some point I believe that it will hopefully occur this week you will see gold begin to disconnect from the selling pressure that we're seeing in equities.
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[22:31] My census gold will trade to 3500. It's the when that I'm a little bit more conservative conservative than other analysts. Right now I'm I'm looking at the top potential top of gold. This of course are calculations done before the fall but they're still relevant. anywhere between 3,350 and 3,400 an ounce. 3,500 an ounce. If I had to calculate, I would have looked for a second quarter next year.
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[15:48] I don't think gold is the way to play this because now I think there's manic uh optimism on gold and typically in margin calls the first thing that investors do is sell their winners as a source of liquidity. Gold happens to be one of the few winners left in this. So I think it's going to be a a place for selling pressure.
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The prediction claimed gold would face selling pressure and be a place for selling, but gold rose 12.9% over the period and reached a high of $3485.6, showing sustained buying pressure rather than the selling pressure predicted.
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[15:41] I think the precious metals will do very well
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The prediction claimed precious metals would 'do very well' with a bullish sentiment. Gold (GC=F) rose 48.7% by the target date and reached a period high of $5586.2 (89.3% gain from prediction price of $2951.3), far exceeding any reasonable interpretation of 'doing very well'.
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[13:59] Uh right now I'm still bullish on gold. Uh I think gold has had the majority of its upside move. I think we could see gold potentially the next upside target for gold is about 3,275.
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The prediction claimed gold would reach approximately $3,275, and the period high of $4,556.3 far exceeded this target price during the evaluation window, making the prediction correct.