The Economy Forecast Agency
Capital Economics: Despite the headwinds... we think that gold prices will be well supported and possibly rise up to $1,250 this year,” says Simona Gambarini, commodities economist.
Julius Baer: We have been telling clients to watch what’s going on because we do not believe that this recovery in gold will be lasting unless there is a global crisis, says Carsten Menke, commodity analyst. He forecasts that gold will end the year back down at $1,100 oz, barring any world market meltdown. Read their forcasts; City A.M.
The Future is Now
We must trust our own evaluations as the shamans quarrel about the gold price. However, it seems that the shamans are able to agree on that the price of gold and silver will increase in 2016, but their bones do not reveal the future price of the golden metal at the end of the year.