Gold And Silver Prices To Rise To $1,650 And $30 By 2020? Video Update

January 11, 2019

– Gold to outperform stocks again in 2019 as seen in 2018 and last 15 years
– 15% to 20% gains for gold and 30% to 40% gains for silver quiet likely
– Given scale of under valuation, strong fundamentals including robust demand and anemic supply and high level of risk, both precious metals are likely to surge in 2019 and 2020

– Gold and silver likely to reach highs over $1,650 and $28 per ounce
– On the high side, we may see a price increase of 30% for gold in 2019 as was seen in 2007 and 2010 and silver may surge 80% as it did in 2010 is possible (see table)
– Past performance is no guarantee of future returns but along with the positive supply and demand fundamentals and the uncertain economic backdrop, they give an indication of possible returns
– Currency reset would see gold to $5,000 to $10,000 and silver at over $250 per ounce as predicted by Rickards and others

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Mark O'Byrne is executive and research director of www.GoldCore.com which he founded in 2003. GoldCore have become one of the leading gold brokers in the world and have over 4,000 clients in over 40 countries and with over $200 million in assets under management and storage.We offer mass affluent, HNW, UHNW and institutional investors including family offices, gold, silver, platinum and palladium bullion in London, Zurich, Singapore, Hong Kong, Dubai and Perth. 

One ounce of gold is so ductile it can be drawn into a wire 50 miles long