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Capital flows from overvalued assets to undervalued assets.
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.
Miners and silver will catch up during this process. 2025 will be the year of silver. We are fighting with the $30 support zone. If silver can hold that, then silver will break the cartel manipulation of the silver market. Once that happens then $40 is a piece of cake, $45 is likely, and $50 is possible for silver in 2025.
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.