Though silver has languished for the past five months, causing some investors to grow frustrated, I believe silver will finally thrive once these conditions are met.
What do you think of this guy(Eric Yeung)’s prediction?
Do you see gold price plunge in Q4, 2025?
Eric prediction:
This is how I see it all play out for #Gold & #Silver in the next 12 months.
1) JPY Yen reverse carry trade slam in early August 2024 (already complete)
2) FED rate cut in September 2024, Gold & Silver trade within a tight range and consolidate.
3) October 2024, USD prices for Gold and Silver shoot up.
4) Nov 2024, interim peak prices for Gold and Silver around the U.S. Presidential election. Gold will correct from the range of $2800 to $3000 USD and Silver will correct from the range of $40 to $45 USD.
5) Jan 2025, Gold and Silver will continue their Bull trend.
6) Around Q4 of 2025, the Fed will hint that the rate cutting cycle is coming to an end because of rising inflationary pressures. Gold peaks at around $3700 USD and Silver peaks at around $80 USD. Global USD liquidity reverses and contracts. Gold, Silver along with U.S. equities plunge (the bust).
What do you think of this guy(Eric Yeung)’s prediction?
Do you see gold price plunge in Q4, 2025?
Eric prediction:
This is how I see it all play out for #Gold & #Silver in the next 12 months.
1) JPY Yen reverse carry trade slam in early August 2024 (already complete)
2) FED rate cut in September 2024, Gold & Silver trade within a tight range and consolidate.
3) October 2024, USD prices for Gold and Silver shoot up.
4) Nov 2024, interim peak prices for Gold and Silver around the U.S. Presidential election. Gold will correct from the range of $2800 to $3000 USD and Silver will correct from the range of $40 to $45 USD.
5) Jan 2025, Gold and Silver will continue their Bull trend.
6) Around Q4 of 2025, the Fed will hint that the rate cutting cycle is coming to an end because of rising inflationary pressures. Gold peaks at around $3700 USD and Silver peaks at around $80 USD. Global USD liquidity reverses and contracts. Gold, Silver along with U.S. equities plunge (the bust).
Congrats: https://www.silver-phoenix500.com/article/these-3-conditions-must-be-met-silver-surges-gold
Thanks!