Craig Hemke – Gold Price Forecasts Skyrocketing Higher
Craig Hemke, founder and editor of TF Metals Report, returns to break down gold’s continued strength above $3,300 and the growing institutional acceptance of structurally higher prices.
“The gold narrative has officially changed – and the big banks are finally catching up.”
We discuss:
- Why Wall Street firms like Goldman Sachs are now forecasting $3,700–$4,500 gold
- What the Commitment of Traders (COT) data reveals about the repositioning of banks and hedge funds
- Why silver and mining stocks are still lagging despite strong bullion prices
- The psychological hurdle for long-time gold investors and why this time might be different
- Whether central bank demand, economic uncertainty, or market fragmentation is truly driving the gold rally
Craig also explains why silver may soon “catch up”, but only once momentum kicks in, and unpacks what structural changes in the market could be signaling a longer-term shift in how precious metals behave.
Gold is up $ 93.80 on the day, WOW! Forget about 1987, this looks to me more like 1929. DT
’29 or worse wouldn’t surprise me.
Ditto on both comments…….
If you have money in a bank and the bank falls you will be lucky to get some of your money back. When you put money in a bank it becomes their money not yours. The FDIC will not be able to cover most deposits the system is broke. DT
It’s only Monday but the Gold-Silver ratio looks like it’s getting ready for a move to around 120. If it gets there as silver hits $35 gold would be $4,200 (and I will be selling gold to buy silver).
https://schrts.co/jYpGuSWD
Note broken H&S top for Gold and divergence
between low on May 1st and GDX on May 2nd.
— 3570 soon?
New Ballgame…………
“We are living through history. Only 0.25% of the time in the past century has the S&P 500 managed to rise nine consecutive days. A 1-in-400 or 3 sigma event! Guess what? Fully 80% of the time this dynamic happened in recessionary environments … not to mention just ahead of the October 1987 crash! Maybe this “bullish” (manic) move isn’t so “bullish” after all!” — David Rosenberg