Gold Silver Price Forecast Long Term Update

In the last 65 days of time, the US National Debt has increased by over $2 trillion fiat Federal Reserve notes. The nation's debt is now over $26.2 trillion ballooning towards $30 trillion through the end of this year into 2021.

Much in part due to the now partially melded US Treasury and private Federal Reserve central bank's response to worsening economic and financial conditions.

Just 2 months and 4 days ago, we released the following video. If you missed it, see it below.

Gold Price Forecast, Silver Price Forecast, Long Term Calculations

Given the increasing amount of fiat currency creation the financial powers that be are bailing out worldwide. Today we're going to have to take a quick look back and update those long term fiat gold and silver price targets using this latest exploding monetary base data. 

Back to the chalkboard for some basic arithmetic shortly.

In the last 65 days of time, the US National Debt has increased by over $2 trillion fiat Federal Reserve notes. The nation's debt is now over $26.2 trillion ballooning towards $30 trillion through the end of this year into 2021.

Mnuchin Brrrr

This James Anderson on behalf of SD Bullion.

This past week, I had a few listeners out there slip into my DMs, direct messages for those of you who don't know what that acronym means.

Nice people, asking me pointed questions, that I have no business answering for them.

Really important life decisions like, should you buy a house now or wait?

Or how about, I promise I won't hold you to it. But on a two-year bet, which monetary metal would I choose, silver or gold?

This content is for entertainment, due to your own proper due diligence, always.

I'm not omniscient. I'm not your financial advisor. I am simply one of many outspoken on the internet. And I am personally a very bullish bullion stacker, for now. Likely later this decade, and perhaps into the next, I will be selling some bullion to buy into other asset classes though.

While we live under a full fiat monetary system, I will always maintain some prudent bullion investment position as it is proven by empirical data to protect wealth long term.

A few years back I did some painstaking work to upload daily gold and silver price data onto the SD Bullion website, covering this full fiat currency era, all the way back to the year 1968.

Back when the London Gold Pool price rig fell apart. Around the same time a former, perhaps final, honest central banker from the Federal Reserve (John Exter) was busy buying and stacking gold bullion coins in Europe, awaiting the inevitable bullion valuation melt-up which followed during the 1970s into early 1980.

I find it fun and interesting, personally and historically, to know what the price of silver and gold was on the day I was born.

So for example, if we simply internet search [ gold price 1979 SDBullion ] or [ silver price 1979 SDBullion ] and swing down to early November. We find a gold price of $373 oz. And a silver price of... wait til you hear this... $16 an oz.

So that was over +40 years ago.

And now we're going to put those two data points into fiat Federal Reserve note expansion context since.

Fiat Currency

Given the historic rhyme of monetary history, that every 50 years or so, the currency creators overstep their boundary and the crowd’s psychological mind triggers a scramble for bullion.

Followed by often insatiable greed and fear-driven bid for gold revaluing sharply higher to account for the currency debasement over the multi-decade cycle. I, like many of you out there, believe we are nearing the starting phase of another such phenomenon, likely after $2,000 oz gold has been cleared. Likely the supporting launching pad, for the gold mania phase to follow.

See the M1 red line going vertical recently, bottom right corner. It's up 33% since only a couple of months ago. So the prior Gold Price Forecast, Silver Price Forecast, Long Term Calculation figures I mentioned and showed on this channel a few months ago.

They needed an update. See both long term Gold Silver Price Forecast data sets at that link.

In this coming bullion bull run, the (Gold Silver Ratio) GSR will likely tighten from its near 100 historic high at the moment, likely down back towards its 2011 low, and perhaps beyond as the fiat currencies in question, all lose tremendous value to the foundational monetary metals of finance.

BIS Money

The central bank of central banks (BIS) a few years back gave us some handy visual reminders of this.

Counter-party-proof monies are represented at the originating bottom of these flower examples. Silver and gold bullion will outlast every currency contrivance mankind can dream up here and ahead. I politely suggest we acquire them now, while we still can.

That is all for this week, take good care of yourselves and those you love.

← Previous Next →
We can't find posts matching the selection.
James Anderson
James Anderson
Senior Market Analyst & Content

A bullion buyer years before the 2008 Global Financial Crisis, James Anderson is a grounded precious metals researcher, content creator, and physical investment grade bullion professional. He has authored several Gold & Silver Guides and has been featured on the History Channel, Zero Hedge, Gold-Eagle, Silver Seek, Value Walk and many more. You can pick up Jame's most recent, comprehensive 200+ Page book here at SD Bullion.

Given that repressed commodity values are now near 100-year low level valuations versus large US stocks, James remains convinced investors and savers should buy and maintain a prudent physical bullion position now, before more unfunded promises debase away in the coming decades...