My 2018 Gold Forecast Looks a Lot Like the 1970s

Pie-in-the-sky gold predictions are a dime a dozen at this time of year - calls for gold to hit $3,000... $6,500... $10,000 or even more. Granted, most of these targets require at least the partial collapse of human civilization to work, although I have seen one or two loosely rooted in esoteric concepts like "economics," "monetary policy," and "central banking." Now... I'd be the first one to line up and sell an ounce of my gold holdings for $10,000 (provided the apocalypse hasn't happened), but we can't very well dream our way into profits; we've got to be realistic. Here in the real world, gold is pushing against some stiffening headwinds, although you'll see they're hardly insurmountable. After all, we've reaped tidy gold gains of 11% this year. I've got some great, historical charts you need to see that will prove my forecast is honest. Because, as it turns out, the yellow metal's future looks great from here... Tags: Gold To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2017 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post My 2018 Gold Forecast Looks a Lot Like the 1970s appeared first on Money Morning - We Make Investing Profitable .