The current trends indicate a significant rise in the price of gold, particularly in Australian dollars. Analysis of gold prices reveals historical patterns and signals that a potential bull market began in March 2024. Could this be the 'moon shot' we’ve been waiting for?
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.
Stock markets crashed globally after Japan raised interest rates, triggering fears of a U.S. recession. The Federal Reserve's potential interest rate cuts have been hotly debated. Here I update my prediction based on an analysis of quantitative tightening of the Fed's liabilities.