Gold and Silver To Surge To $1,650 and $30 By 2020

By peoplestrusttoronto

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– 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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Vía Max Keiser http://bit.ly/2spqAXP