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<p>[QUOTE=&quot;GoldFinger1969, post: 26094313, member: 73489&quot;]Just state the economics and finances behind it.</p><p><br /></p><p>I think we can reach $5,000 by 2035 with rising stock markets, a stable dollar, and low inflation -- all of which you might NOT expect from a 60% rise in the gold price.</p><p><br /></p><p><b><span style="color: #00b300">Remember...it&#039;s only about 6% a year.</span>&nbsp; </b>The 1970&#039;s saw gold rise 35% a year to the $400&#039;s and 43% a year to $750.&nbsp; The price went parabolic at the end, so calling a peak price is kind of subjective. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p>Regardless, the CAGR dwarfs what we have seen since 2015 at about 11% a year and the 6% a year we need to get to $5,000.</p><p><br /></p><p>Gold&#039;s problem is it tends to gallop for a few years rather than jog for many.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />&nbsp; We also saw 20% a year from 2001-11.[/QUOTE]</p><p><br /></p>

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