I do expect it to be $1200 by October. What I see of late is the Government pressing on the lid to keep it from boiling over. There will be a point when it can't sustain it and will have to let go. The free market will find its own equilibrium. This printing of trillions of dollars will have an inflationary affect on the economy in the 30%. We will have to adjust our way of living. Basically it will be a flat tax on the whole of the economy. Gold will be 30% higher when the dam breaks. If it does not happen, then we win. This stock is my edge against inflation. If all the currencies of the world were to adjust at the same rate, then there will be no inflation. Time will tell.
In the meantime, think about Gadolinium. Just think about it. I think it will increase faster than gold as it will be the industrial element of choice for refrigerators, air conditioners and other cooling systems.
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