Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 😲 $3,800 Gold Coming? Goldman Sachs Just Made a Shocking Forecast!
Transcript
- 0:00Goldman Sachs calls for $3800 gold by the end of the year.
- 0:05I believe the silver price can easily get to $40 per oz before
- 0:11the end of the year. We are in a beautiful time to be
- 0:15invested in precious metals. I also think the same holds true
- 0:19for cryptocurrencies as well. This video is focused on silver
- 0:23and gold, but it's also for people in the crypto community
- 0:27who are getting more and more interested in precious metals.
- 0:33But let's start by taking a look at what is going on, what
- 0:37Goldman Sachs is telling us to expect from the gold price as we
- 0:42head into the end of the year and we head out here to The
- 0:46Economic Times says Goldman sees glittering future for gold boost
- 0:51year end target to 3700. Don't worry, it goes to 3800
- 0:55later in the article. Global investment bank Goldman
- 0:58has sharply raised its year in gold price forecast to $3700 per
- 1:03Troy oz, up from its earlier estimate of 3300, according to
- 1:08reports from Reuters, which cited the Wall Street giants
- 1:11latest commodity outlook. The bank attributes the bullish
- 1:14revision to stronger than expected central bank demand and
- 1:18mounting recession rest. So we've got central banks
- 1:21continuing to buy gold and we have mounting recession rest,
- 1:25which have contributed to a surge in gold backed ETF
- 1:29inflows. Spot gold has gained over 23% so
- 1:34far in 2025, breaching 3200. Thirty $200 per oz for the first
- 1:40time last Friday, continuing its upward rally from last year,
- 1:45setting a string of new record highs.
- 1:48Goldman now expects central banks to purchase an average 80
- 1:52tons of gold per month, revising its earlier assumption of 70
- 1:57tons per month. This pace is significantly above
- 2:00the pre 2022 baseline of 17 tons per month, reflecting A
- 2:06sustained shift in monetary reserves strategy strategy amid
- 2:10global macroeconomic uncertainty.
- 2:13The bank also highlighted rising investor appetite for gold ETF,
- 2:17citing its Economist latest assessment that puts the
- 2:20probability of AUS recession at 45% over the next 12 months.
- 2:24A recession with inflation guys, is stagflation, and we know what
- 2:29stagflation will do for the precious metals prices.
- 2:33In its medium term outlook, Goldman said the risk to their
- 2:36revised forecasts are skewed to the upside.
- 2:40Should central bank purchases climb to 100 tons a month, the
- 2:43bank estimates gold. Gold could rally further to
- 2:46$3810 per oz by the end of 2025. On the ETF front, if a recession
- 2:55materializes, inflows could return to pandemic era highs,
- 3:00supporting prices around $3880 per oz by year end.
- 3:07So there we have it from the Goldman Sachs, the most
- 3:10prestigious investment bank on the planet.
- 3:13They're calling for a gold price as high as $3880 per oz.
- 3:19But what if the everyday investor starts to wake up?
- 3:22What if, Just possibly, CNBC and MSNBC and CNN and Fox News start
- 3:29to pay a little attention to gold?
- 3:31You know, they don't talk about gold at all.
- 3:34They don't talk about how gold is outperformed most of the
- 3:37major indexes over the last several years.
- 3:40What if people, the everyday people start to wake up, Not
- 3:44just the Costco dads and Costco moms who are buying silver and
- 3:48gold at Costco, but everybody starts to wake up.
- 3:51I tell you a story about myself being at my neighborhood
- 3:54swimming pool during the summer, right?
- 3:56If people come up to me and want to talk and I don't feel like
- 3:58talking to them, all I have to do is start talking about gold
- 4:01and silver and they scatter like little rats.
- 4:04They don't want anything to do with it, all right?
- 4:06But if the general opinion towards gold and silver does
- 4:10start to shift, that could be another major impact that could
- 4:13could propel the price of gold higher and higher.
- 4:17But what about silver, huh? Look at this, look at this
- 4:20beauty, the silver Krugerrand. I believe we could have silver
- 4:27prices easily at $40 per oz by the end of the year.
- 4:31I mean easily. I think next year we could see
- 4:35numbers that you wouldn't even believe if I threw them out
- 4:38there, $70 by April 1st. But I know that we are in a
- 4:43situation right now in this world, right, that is, that is
- 4:47providing this unbelievable and a fertile background backstop
- 4:53tailwinds for not just gold, but silver as well.
- 4:57Look, there's a couple top analysts that are saying that
- 4:59silver will propel to $40 per oz once we get a drawdown in the
- 5:06DXY index. Here's the DXY index.
- 5:10And as you can see, right, 100 is the magic number on the DXY
- 5:15index. What they're saying is if we get
- 5:17down to the 959496 range that all bets are off, OK?
- 5:24And as you can see over the last year, right, we barely now just
- 5:28started to drop below 100. But if we go out and broaden the
- 5:32horizon, look at the last 45 years, you can see right 100
- 5:37right there. We spent a lot of time below
- 5:39100. So once we get the DXY index
- 5:42dropping down into that 979695 range, guys, it's going to be a
- 5:48game on for the silver price and the gold price.
- 5:52Now the other thing we need to remember when we're looking at
- 5:54silver, I love this guy. The dude on X points out right,
- 5:59silver has been manipulated for for decades and decades.
- 6:03OK, this is nothing. This is actually a a very low
- 6:08manipulation day, but this was yesterday's date of the silver
- 6:11market. Traded 373,000,000 paper oz
- 6:16yesterday. All right, guys, that's like 40%
- 6:20of the entire silver mine world silver mining output is being
- 6:25traded in one day. And remember that number, that's
- 6:29actually quite low. A lot of days they'll trade
- 6:31close to 100% or more of equivalent of all the silver
- 6:35that's being mined throughout the world.
- 6:38Look, I believe that we've got some bright, bright days ahead
- 6:41for the silver and gold market. We'll be here to talk about it.
- 6:45I'll be here in the basement. I love when you come join me
- 6:47down here. I want to say thank you to
- 6:49channel sponsor Ledger, the leader in hardware wallet
- 6:53technology for crypto and of course, moon pay, right?
- 6:56They are the on ramp for people to move Fiat money into crypto.
- 7:00I wouldn't be here without them. And of course, of course, dirty
- 7:04man safe. You guys know all about that.
- 7:06Don't forget there's a 10% off coupon code Ron 10.
- 7:10Hey, we're going to have a fun ride as we go through the rest
- 7:13of 2025. It has already been a crazy
- 7:17year, but just imagine what could be happening 8 months from
- 7:20now and where these precious metals prices will be.
- 7:23I'll be here with you through it all.
- 7:25Take care and I'll see you soon.