At the end of the 2020s, conservative estimates place the gold price at $4,800/oz, so argue the authors of the Incrementum’s 15th annual “In Gold We Trust” report. The report’s authors also wrote that “should inflation rise significantly in the coming years, we believe that five-digit gold prices are conceivable at the end of the decade.” For context, spot gold prices currently sit at $1,892.89/oz. This amount matches projections from last year’s report, though if monetary supply growth matches roughly that of the 1970s, then the gold price could hit $8,900/oz. The authors also argue that this scenario can coexist in ... (full story)