“the billionaire Jeffrey Gunlock believes that we could see 4,000. Goldman Sachs believes we could hit4500 in an extreme case scenario. And Rob McCuin predicts that even $5,000 could be in the cards,”Graham Stephan, relaying another source: GLD will rise
Said on Apr 22, 2025, at 11:02 in the video.
The window it was checked over
GLD closing prices, adjusted for splits. The shaded span is the one-year window: it starts at the first close after the video went public and ends at the last close on or before one year after the day the video was published.
Result at every window
All windows are shown, so none is pickedSomebody else's forecast — not scored
What was said around it
goes, the more valuable gold becomes during economic uncertainty. This consistently tracks back to 1928. And when the S&P 500 takes just 1 ounce of gold to purchase, it's usually a pretty good time to buy into stocks. Now, obviously, this ratio isn't perfect, and there are several different aspects to take into consideration, but generally when economic uncertainty is high, gold does well. And that's why several analysts believe that if this trend continues, gold could go even higher. For example, the billionaire Jeffrey Gunlock believes that we could see 4,000. Goldman Sachs believes we could hit4500 in an extreme case scenario. And Rob McCuin predicts that even $5,000 could be in the cards, even though he owns a mining company and could be a bit biased, but that is besides the point. Generally speaking, the worse our economy does, the better gold is going to do. And even when you look at the value of our US dollar, 152 currencies have failed from hyperinflation. And we've never had a reserve currency last longer than 110 years. All pointing to the fact that being diversified right now is a good thing. Although in terms of investing in gold at today's prices and where it might go in
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