Still developing the fine detail, but this is roughly how I see things going. Don’t pay too much attention to the precise dollar gold targets, but somewhere $1500-$2500 by 2020. Im favouring closer to $2500. Possible sharp drop for a year or so then a final top in the mid 2020’s. Looking like TRIX will cross zero by the end of this year. That’s a major buy signal. As always, a large downside move, below support at the $1180 region negates all of this. Otherwise, I’m happy.
I am buying my 1st 1 oz gold bullion next month and i cant wait for this to happen. I have been stacking silver and little gold for 4 years, i cant guess how people stacking 20 years+ are looking forward to this happening. Great post buddy
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Thank you. The gold silver ratio is ready to correct. Gold will be moving up and silver will outperform gold by at least 100%. Happy stacking
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When we hit 45-1, i will swap out 80% of my stack into gold. I cant wait :D
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thanks man, take care
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What's your take on the future of silver? Do you think it might follow a similar trajectory to gold?
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Silver is going to outperform gold massively. A 20% move up in gold is likely in the next 6 months. Silver may well gain 50%.
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I could see that, that's even maybe a bit conservative compared to some of the forecasts I've seen. Thanks for your input! Exciting times to be a stacker!
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yes of course it will - silver is way way way undervalued at the moment!!!
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hey thanks for posting that chart looks pretty... hope you are right, i have a decent collection of gold pieces, but generally i am a "frusterated stacker" lol. Rode that silver train to 48 from 17 only to find myself 7 years later back unbelievably at $16????? SIXTEEN BUCKS - let's let that really set in. yes Gold is undervalued here, but Silver is ridiculous - WAY undervalued, honestly imo the 130Billion or whatever in the Crypto space now - a lot of that would have found its way into the precious metals, as Crypto is the new "digital gold" Most true Goldbugs HATE crytpo they see it as a ponzi scheme, and believe me the urge to sell my metals to buy more crypto... well that urge is real, and it is poking at me even as I write this, but I just can't bring myself to sell these levels. Hopefully if your analysis is correct, which it probably is, we do have something great coming our way in precious metals, just a few years out. At least that is something good to look forward to. Gotta stay diversified! Anyway I am rambling, thanks for the post, upvoted, resteemed and following. Your new freind @cryptoted. keep stackin...
Oh and by the way, here is a fun post I did a few weeks ago for a friend who wanted in quickly to BTC at around $3000 but didn't have the accounts open yet. I swapped him one of my Bitcoins for this
https://steemit.com/gold/@cryptoted/this-is-cool-how-much-gold-1-btc-check-out-this-trade-i-made-today
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Ha ha, nice one buddy. Yep, big moves are on the way. I'll keep updating my thoughts as the bull gets moving through $1300 and probably $1400 in the next 3 months or so.
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Holy crap!!!!!. Are all those pamp's 1 gramers?
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Hi - no not all 1 gramers, 30 of them were - here is the breakdown
(1) 10 Gram Gold Ignot
(2) 5 Gram Gold Ignots
(4) 2.5 Gram Gold Ignots
(2) 2 Gram Gold Ignots
(30) 1 Gram Gold Ignots
So that equals 64 Grams of Gold Ignots
Also received that 1903 Liberty head $5 gold piece and 2 gold panda from the 1980s 1/10 ouncers - it seemed like a great deal at the time, but when I did this trade a mere 2 weeks ago, BTC was $3000... I don't think this Gold has appreciated in value as much as the bitcoin has. But I am still stoked on the deal, because I had previously sold all my gold, and only holding silver morgans, pandas ,eagles etc, So now I have some Gold back
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