Gold price target set at $2075 record level

Van Eck/Joe Foster and Imaru Casanova/6-14-2023

“The main drivers of past gold bull markets are extraordinary tail risks and a falling dollar. We are living in an age of tail risks as the world goes through sickness, war, social disorder and financial stress that most people thought were relegated to the past. The level of tail risks today are at least as significant as past bull markets.”

USAGOLD note: Foster and Casanova say that gold has been in a bull market since December 2015 – rising 87% over the period.

Gold’s bull market trend since 2015
(After Van Eck’s chart published at the link below)
line chart showing bull market trend 1015 to present
Chart courtesy of and Van Eck • • • Click to enlarge

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