Gold to hit $5,000, silver $97 in the next 12 months - LBMA delegate survey - Kitco
Gold to hit $5,000, silver $97 in the next 12 months - LBMA delegate survey - Kitco
Source: Kitco
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DW NOTE
A delegate survey is not a forecast model. The LBMA crowd has gold up 19% and silver up 57% by next October — this while gold sits 21% below its January high and silver has halved from its peak. If the Hormuz closure, $1.9 trillion deficit, and 5.28% ten-year haven't already driven that rally, the delegates need to explain what catalyst they're pricing that the market has somehow missed.