Gary Wagner recently gave his gold price forecast 2015.
Bullion.Directory precious metals analysis 22 December, 2014 By Terry Kinder Investor, Technical Analyst
Gary Wagner recently gave his gold price forecast 2015. He in fact presents two gold forecasts – one bullish and the other bearish, but in the end leans towards the bearish model. Since there isn’t much to disagree with I present Wagner’s gold price forecast along with a few additional charts and comments, rather than attempting to reinvent the wheel with a forecast from scratch.
Gary Wagner’s Gold Price Forecast 2015: The Bearish Model
Peter Schiff, Peter Antonellis, Jim Rickards, & others are forecasting instability in the economic “recovery” that will boost gold and silver in ’15. Gold bulls are buying like crazy at today’s discounted price.
So what are their forecasts for the gold price? I would say that systems built upon fractional reserve banking are inherently unstable, but that doesn’t always result in a higher gold price. So, what exactly is supposed to happen that moves precious metals price higher, and what will that price be?
For full legal policies including GDPR click the button below
COOKIE POLICY: This site uses cookies to improve our user experience. By using this website you agree to accept cookies in line with our cookie policy.
INVESTMENT DISCLAIMER: Material provided on the Bullion.Directory website is strictly for informational purposes only. It is not intended as investment advice and must not be relied upon as such. Precious metals carry risk and investors requiring advice should consult a properly qualified advisor. Bullion, investment gold, and precious metal markets are unregulated markets, not covered by the Financial Conduct Authority with no requirement for registration under FCA rules.
FTC DISCLOSURE: In the interests of full transparency we are obliged to state "the operators of this website receive direct financial compensation from Augusta Precious Metals, American Bullion, American Hartford, Birch Gold, Bullion Vault, GoldBroker.com, Goldco, The Royal Mint and Silver Gold Bull. Not all content on this website, including positive reviews of these companies and other information, will always be independent or neutral", however strict company policy demands compensation does not influence user submitted ratings and reviews.
Bullion.Directory precious metals analysis 22 December, 2014
Material provided on the Bullion.Directory website is strictly for informational purposes only. The content is developed from sources believed to be providing accurate information. No information on this website is intended as investment, tax or legal advice and must not be relied upon as such. Please consult legal or tax professionals for specific information regarding your individual situation. Precious metals carry risk and investors requiring advice should always consult a properly qualified advisor. Bullion.Directory, it's staff or affiliates do not accept any liability for loss, damages, or loss of profit resulting from readers investment decisions.
Opinions expressed in reviews, commentary & analysis are those of the author and are not necessarily shared by Bullion.Directory, BIME LLC or Tartan Digital.
Peter Schiff, Peter Antonellis, Jim Rickards, & others are forecasting instability in the economic “recovery” that will boost gold and silver in ’15. Gold bulls are buying like crazy at today’s discounted price.
So what are their forecasts for the gold price? I would say that systems built upon fractional reserve banking are inherently unstable, but that doesn’t always result in a higher gold price. So, what exactly is supposed to happen that moves precious metals price higher, and what will that price be?