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What will the price of Gold be (£/GBP) on 1st Jan 2022


Paul

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15 minutes ago, VelociteeSteel said:

I thought i'd revisit this thread and have a look through the predictions, and my question is, "do you still feel confident with your predictions as of today?"

OK i shall have a go. 

now until late July: £1225 minimum - I dont think it will break this. 
July - november rally: £2,450 minimum
November - December: £3,000 minimum. 
I dont know tbh beyond that as its just not reacting as it should. 

Complete guess as even the experts have been shocked this year?? 
One thing in the next 10 years I think it will probably kick ass - 4k maybe 5?
We would need serious inflation or a war or alien invasion. 

To be fair reading the compound effect book atm. I am just buying on dips over a 20 year period. 
Seems the most logical option going forward outside of other undervalued tangible assets. 
Perobably buying up the GDXJ if it shows a bounce 
though if it goes below £1,200 maybe a 4%+ dividend gold stock, not sure yet??

Who knows if in doubt stay out ?????

;)

Edited by Stacktastic
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On 17/06/2021 at 21:18, VelociteeSteel said:

I thought i'd revisit this thread and have a look through the predictions, and my question is, "do you still feel confident with your predictions as of today?"

 I'm standing by my original prediction.

On 26/12/2020 at 10:24, Booky586 said:

£1150

I think there's some good buying opportunities ahead..... but I'm usually wrong 😃

Spot price £1388 on the 1st Jan

Spot price £1275 on the 17th June

Come the 1st Jan 2022 the price could be anywhere, but I think it still has more to fall from here before it hits bottom.

Edited by Booky586
grammar correction
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