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Seeking Alpha: The Market Wizard of Odds Issues Another Bullish Proclamation About Gold and Silver

June 10, 2024
bars of gold on a silver platter with a dome

Article by Avi Gilburt in Seeking Alpha

Last year, I attempted to get readers focused on the metals, as I wrote several public articles on the metals during the last half of 2023 outlining my bullish expectations for the metals over the following year+.  In fact, back in October of 2023, this is what my gold chart was projecting.

In my prior articles, I also outlined last year my initial target of $2428 for gold (which we did just exceed before this consolidation). And now, I am expecting that we will likely move up to the $2700 region in gold for the next rally I expect to begin over the coming weeks. 

However, I see much greater potential in silver at this time. Whereas gold has already seen its wave iii rally, silver has not. Therefore, I am expecting a major catch-up move in silver during 2024, which can even .....

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