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Magna Gold Finally Closes $10 Million Secured Debt Financing

Magna Gold (TSXV: MGR) has closed its previously announced financing. The company managed to raise gross proceeds of $10.0 million
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This article was originally published by The Deep Dive

Magna Gold (TSXV: MGR) has closed its previously announced financing. The company managed to raise gross proceeds of $10.0 million via a long, drawn out money raising cycle that the company initiated back in May 2021 with Delbrook Capital Advisors.

Originally advertised as a “funding with a founding and strategic shareholder” of the company, back in May when the financing was first announced, it appeared as a slam dunk – a non-brokered financing for secured convertible debentures. However, the funding evidently dragged on for months until it finally managed to close this morning.

It appears that the delay may be related to obtaining security for the financing by the company. The financing is to bear interest at a rate of 8.5% until the security arranged under the financing is delivered to the debt holders, with an initial target date of this occurring by September 30. Once security is delivered, interest will then drop to 6.5% per annum.

Under the terms of the financing, the debt is to mature 24 months from the date of issuance, and be convertible any time into common shares of the company at a price of $1.25 per common share. A 1.25% arrangement fee is expected to be paid upon closing as well.

Proceeds from the financing are to be used for mobilization and exploration activities on the firms portfolio of properties.

Magna Gold last traded at $0.86 on the TSX Venture.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

The post Magna Gold Finally Closes $10 Million Secured Debt Financing appeared first on the deep dive.

Base Metals

Mining Experts Have Their Eye on Golden Arrow Resources

Source: Streetwise Reports   09/22/2021

The Critical Investor and Gerardo Del Real look forward to the first set of drill results from this…

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Source: Streetwise Reports   09/22/2021

The Critical Investor and Gerardo Del Real look forward to the first set of drill results from this Canadian explorer's Rosales project in the prolific Atacama mining district.

Golden Arrow Resources Corp. (GRG:TSX.V; GARWF:OTCQB; G6A:FSE), a junior mining company with properties in Chile, Argentina, and Paraguay, has already attracted attention in the industry. It is on the verge of starting to drill at its Rosales copper project in Chile.

The TEM soundings suggest a "strata-bound or mantos-style copper deposit model, which is further supported by the mineralization, alteration, and host rocks identified to date at Rosales," Golden Arrow Vice President of Exploration and Development wrote in a recent news release.

"Results are expected back from the lab in October."

 

 

"This type of high-grade copper deposit is common in Chile, with well-known examples including the El Soldado and Mantos Blanco mines."Plans call for 3,000 meters (3,000m) of phased reverse circulation drilling at Rosales, testing the anomalous targets identified via a surface transient electromagnetic (TEM) survey, TEM soundings, and a ground-based magnetic survey.

Catarpe Valley Golden arrow
Catarpe Valley, Argentina

At least two industry experts have discussed the reports on Golden Arrow. The Critical Investor, an online mining platform whose editor is a mining stock investor and newsletter writer, is eager to see the results of Golden Arrow's drill campaign, writing, "It is very interesting to see Golden Arrow Resources drilling the big conductor at Rosales now which starts at 500m depth. . .I'm looking forward [to seeing] if this deep, large conductor could indicate actual mineralization."

"The recent hole by Filo Mining speaks to the incredible geologic potential in the region." 

 

 

 

Also, The Critical Investor summarized the timeline of the first phase of drilling. "After talking to Vice President of Exploration Brian McEwen, the company appears to have planned to drill one of the first holes into this conductor around the first week of September, to a depth of 700m. Drilling the first phase of 1,500m will take about one to two weeks, assaying another three to four weeks, and results are expected back from the lab in October," it wrote.

Gerardo Del Real, co-owner of Digest Publishing, which offers investment research and ideas, wrote the following about Golden Arrow, a member of the Grosso Group, and its exploration success and potential upside in Argentina:

"The Grosso Group pioneered mining in Argentina. The recent hole by Filo Mining speaks to the incredible geologic potential in the region."

Del Real explains, "It bodes well when the group looking to make a discovery or discoveries of significance has done it before. In this case not only has this group done it, they opened the door for others to unlock the vast potential Argentina has for significant deposits."

Golden Arrow has approximately 116 million shares issued and outstanding and 148 million fully diluted. In a recent press release, the company announced that it has received approval from the TSX to purchase up to 10,132,012 of its common shares, which is equal to 10% of the public float as of Aug. 10, 2021.

The bid to purchase the shares commenced on Sept. 1, 2021 and will end within a year (or at Golden Arrow's discretion).

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Disclosures:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) An affiliate of Streetwise Reports is conducting a digital media marketing campaign for this article on behalf of Golden Arrow Resources Corp. Please click here for more information. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the decision to publish an article until three business days after the publication of the article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Golden Arrow Resources Corp., a company mentioned in this article.

( Companies Mentioned: GRG:TSX.V; GARWF:OTCQB; G6A:FSE, )

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Precious Metals

Palladium One Shares Jump 10.26% After Reporting Drill Results 112 metres of 2.08% PdEq at LK, Finland

Palladium One Mining Inc. [PDM-TSXV; NKORF-OTC; 7N1-FSE] reported results of Kaukua South hole LK21-081, which…

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Palladium One Mining Inc. [PDM-TSXV; NKORF-OTC; 7N1-FSE] reported results of Kaukua South hole LK21-081, which intersected 4.07 g/t palladium equivalent (PdEq) over 24 metres, within 2.08 g/t PdEq over 112 metres, starting at 171.5 metres depth.

This represents the highest-grade intercept over width that drilling has returned to date, at the Kaukua South zone of the 100%-owned LK project in Finland. In addition, down-plunge drilling is successfully expanding higher-grade core zones to depth as demonstrated by hole LK21-080, which intersected 1.86 g/t PdEq over 40.5 metres, including 2.95 g/t PdEq over 3.0 metres from 229.5 metres depth. Multiple holes now demonstrate increasing grade and widths at depth.

Derrick Weyrauch, president and CEO, commented: “Our Kaukua South discovery continues to deliver excellent results and demonstrates potential for higher-grade core zones within the Kaukua area. We believe there are several other higher-grade core zones yet to be defined based on the significant number of drill targets still to be tested.”

Hole LK21-081 returned 234 gram-metres, surpassing hole LK20-016, which returned 201 gram-metres reported October 22, 2021. These holes are part of two parallel higher-grade, southwest-plunging core zones or shoots at Kaukua South. A similar core zone occurs at the existing Kaukua deposit, where it occupies a linear depression in the footwall contact.

These core zones may represent magma channels, within the marginal phase of the Koillismaa mafic-ultramafic complex, that have thermally eroded the footwall rocks. Induced polarization (IP) surveys have proven very effective at targeting these higher-grade core zones, and two potential new zones have been identified to the west and east of the drill-defined mineralization at Kaukua South, see news release dated July 7, 2021. Refer to company press release for complete drill results.

The company is now calculating palladium equivalent using $1,600 (U.S.) per ounce for palladium, $1,100 (U.S.) per ounce for platinum, $1,650 (U.S.) per ounce for gold, $3.50 (U.S.) per pound for copper and $7.50 (U.S.) per pound for nickel consistent with the calculation used in the company’s September, 2021, National Instrument 43-101 Haukiaho resource estimate.

Spot gold equivalent

Spot palladium and gold equivalents are calculated using recent spot prices for comparison purposes using US$2,300/oz palladium, US$1,000/oz platinum, US$1,800/oz gold, US$4.50/lb copper and US$9/lb nickel.

Palladium One Mining’s flagship project is the Lantinen Koillismaa project, a palladium-dominant platinum-group-element-copper-nickel project in north-central Finland, ranked by the Fraser Institute as one of the world’s top countries for mineral exploration and development. Exploration at LK is focused on targeting disseminated sulfides along 38 km of favourable basal contact and building on an established NI 43-101 open-pit mineral resource.

 

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Precious Metals

September Gold Forecast Update: “Only” 68 Analysts Now Forecast Gold Going To $3,000 Or More (+19K Views)

Many analysts are projecting that gold will be going at least as high as $3,000/ozt over the next few years. One analyst even claims that gold will spike…

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More and more analysts are projecting that gold will be going at least as high as $3,000/ozt over the next few years. One even claims that gold will spike up to $87,500/ozt.! Below is a revised list of their names and stated rationale for each of their forecasts.

By Lorimer Wilson, editor of munKNEE.com – Your Key To Making Money!

$50,000+ Gold

1. Jim Sinclair: $50,000 in 2025 and to $87,500 by 2032

  • In a recent YouTube video Sinclair said that, with so many U.S. Dollars being printed to uphold the economy as a result of COVID-19, that Gold will rise to $50,000/ozt. (i.e. go “straight up” in Sinclair’s words) at the end of the 45-year gold cycle which is coming up in 2025 and rise up to $87,500/ozt. by the end of 2032. Source

$25,000 Gold

1. Erik Lytikainen: $25,000 by 2030

  • “We will not be surprised to see $25,000 per troy ounce of gold by the year 2030.  It will likely be a volatile ride higher, with large drawdowns along the way.” Source

2. Martin Armstrong: $25,000

  • “Gold should theoretically sell for $25,000 a troy ounce, given the monetary prolificacy since 1980”…in reference to the ever soaring $3.3 Trillion U.S. budget this year, alone. Source

$20,000 Gold

1. Goldrunner: $20,000 between mid-2028 and end of 2029

  • “As a result of the recent massive paper money printing, our chart work suggests that gold could possibly spike up to as high as $20,000 per troy ounce – or even a bit higher – some time between mid-2028 and the end of 2029.” Source

2. Pierre Lassonde: $20,000 in 2 – 5 years

  • “Gold prices should skyrocket to much higher levels, even $20,000/ozt. in two to five years’ time, as gold reaches a price level close to the level of the Dow Jones Industrial Index.” Source

3. Egon Von Greyerz: $20,000

  • “I believe a gold price of $20,000/ozt. is very probable, even without high inflation.” Source

4. Leigh Goehring: $10,000-$15,000 by 2027-28

  • “Our target is between $10,000-$15,000 per troy ounce.,,[by] 2027-28.” Source

5.  Briton Hill: $5,000-$20,000 in next 5 to 10 years

  • “You can’t produce trillions of dollars with 0% interest rates and not introduce inflation. Long-term, we could be entering a cycle similar to the 1970s, where the precious metal sector rose by thousands of percentage points, and if we see something like that happen again in the next 5-10 years, we could easily see $5,000, $10,000, even $20,000 gold,” he said. “Gold could easily hit $20,000 per troy ounce in the next decade.” Source

$10,000 Gold

1. James Rickards: $10,000

  • “$10,000 per troy ounce is not pie in the sky. It’s not a number I pulled out of a hat to get headlines. It’s the actual mathematical implied non-deflationary price of gold.” Source

2. Daniel Oliver: $10,000

  • “The money to push gold over $10,000 per troy ounce has already been printed and now they are going to print more…No doubt strong fiscal and monetary intervention may extend its life for a time, but then the ultimate price objective for gold will then be markedly higher.” Source

3. Max Keiser: $10,000

  • To deal with the disaster of “trash fiat money” choking the global economy, a new gold standard will need to be introduced “and to make it work, we will see gold’s price top $10,000 per troy ounce.” Source

4. Adam O’Dell: $10,000

  • “The price is guaranteed to hit near $10,000/ozt..” Source

5. AG Thorson: $7,000 – $10,000

  •  “By the end of this decade, we expect gold to reach $7,500 – $10,000 per troy ounce.” Source

6. Peter Schiff: $5,000 to $10,000

  • Schiff projects a price of between $5,000 and $10,000 per troy ounce, and says the Dow Jones Industrial Average, which is now valued at about 12 times the price of gold, will trade at just 7.5 times instead. Eventually, he sees gold and the Dow trading at even money. Source

7. Don Durrett: $3,000 to $10,000

  • “My price target for gold is somewhere between $3,000 and $10,000 per troy ounce.” Source

8. David Smith: $10,000

  • “Gold could reach US$10,000 per troy ounce by the end of the bull market.” Source

9. Bob Kirtley: $10,000

  • “My target has been $10,000/ozt. since June 2006, so at that point, an exit strategy will be executed, hopefully with some handsome profits.” Source:

10. Scott Minerd: $5,000 to $10,000

  • “As chaotic price swings of the crypto world push investors back into gold and silver, the precious metals will start to build momentum, with the ultimate gold price target set at $5,000-$10,000 per troy ounce.” Source

$7,000 -$9,000 Gold

1. Florian Grummes$8,000 to $9,000 in 5 to 10 years

  • “We could end up having gold at $8,000 to $9,000 per troy ounce in five to 10 years.” Source

2. Ronald-Peter Stoeferle and Mark Valek: $4,800 to $8,900 by 2030

  • “The proprietary valuation model shows a gold price of $4,800/ozt. at the end of this decade, even with conservative calibration. Should money supply growth develop in a similar inflationary manner to that of the 1970s, a gold price of $8,900/ozt. is conceivable by 2030.” Source

3. Graham Summers: $8,000

  • “Gold first rallied about 630% from 2003-2011. It then corrected about 43% before bottoming in 2015 at $1,060/ozt.. If it follows a similar second leg up this time around, it’s going to ~$8,000 per troy ounce before it peaks.” Source

4. Hubert Moolman: $7,758

  • “In my opinion, it is virtually guaranteed that gold will again catch up with the Dow’s performance since 1913, and significantly surpass it just like in the 70s. This means we will likely see gold reach $7,758/ozt. (in the near future) and eventually go on to reach multiples of that high.” Source

5. Gov Capital: $5,837 by 2023; $7,220 by 2024; $8,531 by 2025

  • “5 year gold forecast: $8530.74/ozt.” Source

6. Jason Hamlin: $4,000 to $8,000 by 2025

  • “We fully expect to see the gold price close out the year 2025 somewhere between $4,000 and $8,000 per troy ounce.” Source

7. Jeff Clark: $3,000 to $8,000 in 5 years

  • “Potential 5-year high: $3,000 to $8,000 per troy ounce.” Source

8. Charlie Morris: $7,166

  • “A bullish target of $7,166/ozt. is both logical and plausible.” Source

9. Tom Fitzpatrick: $4,000 to $8,000

  • “We see no reason why this bull market cannot be as strong as the prior two averaging a multiple of eight times over an average of 7 years. Translating that to the $1,046/ozt. low in 2015 would come up with a number north of $8,000/ozt. possibly in as little as the next 2-3 years. Even if that sounds aggressive, a move similar to what we saw in 2009-2011 would suggest close to $4,000/ozt..”

10. Mike McGlone: $7,000 by 2025

“From 2001-2011, gold advanced about 7.5 times, which if repeated would bring it to around $7,000/ozt. in 2025.” Source

$4,000 – $5,000 Gold

1. Rob McEwen: $5,000

  • The founder of Goldcorp Inc., McEwen predicts that gold will soar to $5,000 a troy ounce, bolstered by a weaker dollar and waning demand for trendy assets like pot stocks. Source

2. Victor Dergunov: $5,000 in 3-5 years

  • “Gold at $5,000/ozt. in 3-5 years seems plausible, and it is likely to continue to go higher after that.” Source

3. Dan Popescu: $5,000 in 5 years

  •  “Gold price could break above $5,000/ozt. in the next 5 years.” Source

4. David Morgan: $5,000 before the end of the decade

  •  “Gold could hit $5,000 a troy ounce this decade, especially as the greenback loses purchasing power.” Source

5. Moe Zulfiqar: $5,000 by 2030

  • ” It wouldn’t be shocking to see gold at $5,000 per troy ounce, or more, by 2030. ” Source

6. Brian Whitfield: $5,000 by 2030

  • “I feel I am safe, and being conservative, in saying that gold should be trading between $3000 – $5000 per troy ounce in ten years. Should the U.S. dollar fail and/or the U.S. dollar loses the coveted global reserve currency status and/or even the loss of the petrodollar, gold could hit these level far sooner.” Source

7. Chris Wood: $5,386

  • “The gold price of US$850/ozt. at the peak of the last secular bull market in gold in January 1980 was then equivalent to 9.9% of US disposable income per capita. The gold price is now just 3.6% of US disposable income per capita. Therefore, to reach 9.9% of US disposable income per capita means gold should rise to US$5,386/ozt.. Source

8. Ole Hansen: $4,000

  • “$4,000/ozt. probably is a little bit far-fetched as the world looks right now, but if you look years into the future, then that is possible because the repercussions of what we’re going through right now with the pandemic and the aftermath is going to be something that’s going to be felt for at least this generation and potentially beyond.”  Source

9. Geraldo Del Real: $3,000 to $5,000

  • “I actually think $3,000 to $5,000 per troy ounce is very reasonable.” Source

10. Thomas Kaplan: $3,000 to $5,000 by 2030

  • “Gold prices could rally as high as $3,000 to $5,000 per troy ounce within a decade.” Source

11. David Rosenberg: $3,000 to $5,000

  • “A $3,000 to $5,000 per troy ounce target.is fundamentally justified based on the facts we have today.” Source

12. Gary Christenson: $3,000 to $5,000 by 2022

  • “A reasonable “status quo” valuation for gold in 2021 is around $3,000/ozt..  Prices will fall below and occasionally spike much higher than the valuation so a gold price of $5,000/ozt. in 2020 – 2022 is plausible.” Source

13. Shaun Djie: $3,000 to $4,000 within 10 years

  • “In the next 10 years, gold will continue to be volatile. Gold could trade anywhere between the levels of $3,000 or $4,000 per troy ounce in the next ten years given how much cash will be potentially put into the economy.” Source

14. Frank Holmes$4,000 in 3 years

  • “The yellow metal is set to rally in the same fashion as in the aftermath of the last recession and, if cycles are exactly the same, gold could go to $4,000/ozt.”. Source

15. Diego Parrilla: $3,000 to $5,000 in the next 3 to 5 years

  • Unprecedented monetary stimulus is fueling asset bubbles and corporate debt addiction — rendering interest-rate hikes impossible without an economic crash. In the ensuing market mania gold could rise to $3,000 to $5,000 per troy ounce in the next three to five years. Source

16. Massimiliano Bondurri: $3,000 to $5,000 in 3 to 5 years

  • Massimiliano Bondurri, a capital founder and a CEО of SGMC, believes an ounce of gold will rise in price to $3,000 -$5,000 per troy ounce in the next 3-5 years. Source

17. Eric Fry: $3,000 to $4,000

  • ‘When this ballgame ends, gold with be trading for at least $3,000 a troy ounce, and an extra-inning affair would not surprise me — lifting the gold price past $4,000/ozt..” Source

18. Michael Cuggino: $4,000

  • Cuggino, CEO of the Permanent Portfolio Family of Funds, a $1.9 billion mutual fund that is conservatively run and rated four stars by Morningstar, says it would “not be an unreasonable move” for gold to breach $4,000/ozt.. Source

19. Kirk Spano: $3,000 by mid-decade; $5,000 possible

  • “$3,000/ozt. mid-decade [with] upside potential to $5,000 per troy ounce.” Source

$3,000 – $3,500 Gold

1. Chris Vermuellen$3,500

  •  “Expect to see an ultimate peak price in gold well above $3,500/ozt..” Source

2. Victor Dergunov: $3,500 by end of 2022

  • “When we consider that the monetary base is likely to surge to around $8 trillion by year-end, we can conclude that this will give us around a 10,000% increase from the roughly $80 billion in monetary base the U.S. had in the early 1970s. Likewise, we can apply a similar percentage to the $35/ozt. gold price around the same period. A 10,000% increase from the $35 gold price would put gold prices at around $3,500 per troy ounce, roughly 100% higher than where the price of gold is today, [and] I think it is quite likely that we will see gold prices appreciate to $3,500/ozt. by the end of 2022.” Source

3. Charles Gibson$3,281

  • “Since 1967, the price of gold has shown an extremely strong (0.909) correlation with the total U.S. monetary base. The more dollars that either are, or could be, in circulation, the higher the expected gold price. With the total US monetary base now closing in on US$5.5tn the gold price could very reasonably be expected to rise to as high as US$3,281/ozt.” Source

4. Bank of America: $3,000 by end of 2021

  • BoA raised its 18-month price target for gold to $3,000 a troy ounce citing the prospects of endless monetary expansion from central banks, including the Federal Reserve, to limit the economic damage from the COVID-19 pandemic. Source

5. WingCapital Investments: $3,000

  • “Using the post-2008 bull market as a guideline during which gold more than doubled within the ensuing 3 years, $3,000/ozt. would be a reasonable long-term target in our opinion.” Source

6. Barry Dawes: $3,000 within 2 to 3 years

  • “I expect to see $3,000/ozt. in gold over the next 30 months.” Source

7. Brian Lundin: $3,000 by 2024

  •  “I think we’ll set a new record in real terms, exceeding $3,000/ozt., at some point over the next four years or so.” Source

8. Byron King: $3,000

  • “I think Bank of America is on track. I don’t think there’s any question gold will see $3,000/ozt.. As with all things in life, it’s just a question of how long it will take.” Source 

9/10. Ben Morris and Drew McConnell: $3,000

  • “$3,000 per troy ounce isn’t a long shot.” Source

11. Alex Mashinsky: $3,000 by end of 2021

  • Mashinsky sees gold climbing to $3,000/ozt. by the end of next year but admits that even more gains are possible depending on how bad the currency debasement gets. Source

12. Robert Kiyosaki: $3,000 within 1 year

  • “I predict $3,000/ozt. gold in 1 year.” Source

13. Stewart Thomson: $3,000

  •  “Queen Gold is assured of launching above the key $2,000/ozt. price zone, ready to begin a rocket blast towards my medium-term $3,000/ozt. target!” Source

14. Mark O’Byrne: $3,000 in next 12 months

  • “Gold is quite likely to climb to $3,000/ozt. in the next 12 months.” Source

15. John Ing: Higher than $3,000

  • “We expect gold to trade higher than $3,000 a troy ounce due to a lower greenback and solvency concerns.” Source

16. Joe Foster: $3,200 to $3,400

  • “We…believe this to be a deflationary cycle and both recent deflationary gold bull markets suggest that a price over $3,000 per troy ounce is reasonable. In fact, if one believes, as we do, that the current central bank stimulus to fight the impacts of the COVID-19 virus, along with elevated levels of systemic risks, are similar to those during the global financial crisis, then $3,400/ozt. may be the target for this bull market.” Source

17. SomaBull: $3,000

  • “The money supply is quickly heading to levels that would support a $3,000/ozt. gold price well in excess of fair value by the time this bull market is exhausted.” Source

18/19. Yvo Timmermans and Paul Van den Noord: $1,900 to $3,000 over next 18 months

  • “We anticipate gold will fall within a bandwidth of $1,900 and $3,000 per troy ounce over the next 18 months.” Source

20. Jordan Roy-Byrne: +$3,000

“Gold is currently building the handle portion of a cup and handle pattern, which we anticipate could break to the upside sometime in 2022 or early 2023. The measured upside target is $3,000/ozt., but these charts argue the run could go farther.” Source

21. Adam Trexler: $3,000

“With inflation coming, we’ll see gold over $2,500/ozt. in real dollar terms but we’ll see a devaluing of the dollar…[and] if you see 10% inflation, the dollar number value of gold could be much higher. I don’t think $3,000/ozt. gold is impossible and, if we see a hyperinflation scenario, it could be significantly higher.” Source

What do you think of the above price forecasts? Have your say in the “Comments” section below. Also, if I have missed other analyst forecasts (they must be within the last year) please mentioned them below and I will include them in a future article.

About Lorimer Wilson

Lorimer Wilson with Gold BarLorimer Wilson is an economic & financial commentator who has written numerous articles on economics, finance, precious metals, and the cannabis stock sector. He is the Managing Editor of munKNEE.com, a site that provides a selection of the internet’s best finance articles in an edited, reformatted and abridged format to ensure a fast and easy read.

 munKNEE.com has joined eResearch.com to provide you with individual company research articles and specific stock recommendations in addition to munKNEE’s more general informative articles on the economy, the markets, and gold, silver and cannabis investing.
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