Gold Price Projections: 2026, 2027, 2030, etc?

What do you all think about the trajectory for gold prices?

My thought is $5000/oz by 2030; possibly more if there's an invasion of Taiwan in the interim, but what do y'all think?

 

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Magic 8 ball says: "don't bet on it."

 

Only if some event happens that shakes the financial world.

 

The price seems to be stuck right now and although it hit $3500 in April, it's fallen and seems to be catching it's breath and for that reason I'm at a loss on predictions!

 

just a shot in the dark here, but as long as there war somewhere in the world precious medals will continue to creep up the ladder

 

In my lab I am very close to turning lead into gold. If it works out, prices for gold will fall rapidly. I've got my fingers crossed!

 

Details!

 

And lead

 

Not so much...LOL

 

You got one of those also??

 

Sal, how else would you make critical life decisions?

 

By checking TikTok, duh.

 

I don't remember where I read it, but in a particle accelerator somewhere a small portion of the lead lining did turn into gold. If that is true the cost per ounce must be well over the present value of gold or they would making it like crazy!

 

Yep. We know exactly how to do it, but the cost is thousands if not millions of times the cost of natural gold. (That cost is denominated mostly in energy, but also in time.)

 

The issue was the residual radioactivity in the gold produced; not exactly ideal for a buy-and-hold investment if it kills the owner in the process...

 

Now, where have I heard about something like that before?

"No, Mr. Bond, I expect you to die!"

 

That sounds exactly just like bitcoin, with the caveat, there is a finite amount of bitcoin. Most people who used to mine bitcoin say it's now cost prohibitive due to that.

 

Mining hardware keeps getting more efficient, but not efficient enough. Much cheaper to get it by straightforward scamming.