Gold had an 8-year cycle low in 2022. In the next cycle, gold is now making higher highs and higher lows, and that will continue for a bare minimum of about two years when that cycle tops. Gold is in the final stages of a parabolic move that will culminate in a bubble top sometime in the next two to four years.
Following an intermediate bottom, gold will hit $3,000 by spring of 2025. Gold will hit $3,000 by spring of 2025, a small stepping stone that will take us to the final gold market top. $10,000 may be a piece of cake.
Gary Savage is a 57-year-old retired entrepreneur living in Las Vegas. He has been investing in stocks and commodities for 15+ years. He is a self-made multi-millionaire and attributes his financial success to savvy investments made in owning/selling several businesses, real estate, and, more recently, the stock market. He is also an Olympic weightlifting champion, and world record holder. Gary’s stock market investment philosophy and success owes to an unusually disciplined and keen understanding of market cycles combined with cutting edge sentiment data which allows him to anticipate and articulate how larger trends are likely to unfold. His analysis is almost always in strong contrast to what the public is thinking – and, provocatively, several steps ahead of the crowd. Gary’s renown as a recognized trading/investment expert in the areas of precious metals, stock market, oil and currency markets is demonstrated by his numerous internationally published articles in these market areas. Gary publishes the Smart Money Tracker, a market newsletter available online by subscription only, and also the SMT free blog.