Gold is on a historic run. After hitting more than 50 new all-time highs during 2025, the yellow metal has surged to a new all-time high above $5,000 an ounce, a once-unthinkable amount. It’s now doubled in value since September 2024.
Meanwhile, silver, the “poor man’s gold,” is not so poor any longer, having smashed through $110 an ounce.
As for where we go from here, analysts are making some bold forecasts. Goldmans Sachs just raised its year-end gold price target to $5,400 an ounce, citing strong demand from both institutional and retail buyers, and the London Bullion Market Association’s (LBMA) most recent survey reports bullish forecasts as high as $7,150.
If you recall, back in September, I projected gold could hit $7,000 by the end of President Trump’s second term on the growing mountain of debt and a cornered Federal Reserve, and I still stand by that projection.
IS THIS THE PERFECT STORM?
As I see it, the sur
