Wednesday, December 14, 2022 3:05:29 PM
I've said many times here before that we need to see the gold price break through those old highs convincingly to get the technical traders and institutional money to move into the sector. When that happens we can start getting excited that those $3K/gold and $50/silver targets may be within reach.
IMO that process begins when the Banksters HAVE to pivot from raising rates and are most likely forced to reduce rates soon after they pivot. I think we'll see that happen in 2023, so I'm in agreement that at some point in the 2923 PM prices most likely break the old highs and head to new all time highs. I can't say for sure if we can hit the target numbers you're looking for in 2023, but hope springs eternal. We'll see.
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