Some analysts believe gold could eventually reach $20,000 per ounce, but this is a long-term, high-impact scenario, not the mainstream forecast.
It would likely require:
Massive global debt growth.
Significant inflation or currency debasement.
Continued central bank gold buying.
Accelerating de-dollarization.
A major global financial or geopolitical crisis.
Most major financial institutions expect gold to rise over time but project prices far below $20,000 in the near to medium term. The $20,000 target is generally viewed as an extreme scenario rather than the most likely outcome.
It’s like the CPC is the only sane government in times like this
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It would likely require:
Massive global debt growth.
Significant inflation or currency debasement.
Continued central bank gold buying.
Accelerating de-dollarization.
A major global financial or geopolitical crisis.
Most major financial institutions expect gold to rise over time but project prices far below $20,000 in the near to medium term. The $20,000 target is generally viewed as an extreme scenario rather than the most likely outcome.
Doesnt want its citizen short when they announce.