The current bull run for gold and silver began in early 2024, with projections suggesting gold could reach $4800/oz and silver $60/oz by the end of 2026. Analyzing historical data, silver appears significantly undervalued and offers a strong buying opportunity, as evidenced by its recent price surge past $41.
Rafi Farber's predictions for gold and silver prices, based on historical exponential breakouts from the late 1970s, are shown. Following Trump's election, both metals saw significant price drops. But now they are back on trend tracking above initial predictions, with speculative upper bounds indicated for future movements.
I update my price predictions for gold and silver, for gold when priced in 1959 dollars, and both when compared to historical trends. Both metals are currently tracking above predictions, suggesting a potential increase. I recommend preparing for economic turmoil as the dollar weakens.