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Illuminati Silver's Gold & Silver Price Forecast for 2019.

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$1800 Gold and $22.50 Silver in 2019 - Is This Possible?
   • $1800 Gold and $22.50 Silver in 2019 -  Is...  

“Expert views on equities, bonds, oil and gold”
   • Expert views on equities, bonds, oil and gold  

Today is Thursday 29th August 2019 and we are providing our gold and silver price prediction for the end of 2019 and the reasons behind our projections.

On Sunday, we provided our weekly update which concluded with the following words:

Exciting times ahead and $1600 gold and $18 within the next 3 -4 weeks is not an unreasonable expectation.’

Well on Tuesday we saw silver hit a high of $18.21 a rise of over 3% in one day and silver’s highest level since September 2017.

Gold also rose reaching a high for that day of $15.44 but it had been higher the day before at $1554 and we had a closing GSR at the end of the day at 85:1 where both prices had fallen back just a little.

Gold is currently up $300 since May and is testing its 2013 market inflection point at $1550 – and a number of chartists are anticipating a correction.

We should also add to this the fact that historically:

gold stood at $252 in September 1999

It then rose to $1897 5th Sept 2011 a 750% increase;

it then continued to fall to $1049 until 17 December 2015 a 44% decrease

and has now risen to the current level of $1541 a 47% increase and an increase of 600% since 1999 and considerably more than the 250% achieved by the Dow Jones over the same period.
We believe a correction is coming short term

We have also compared gold to other commodities and indices and are also aware that warren Buffets company Berkshire Hathaway is currently holding $100 billion in cash – so he certainly is not expecting the US dollar to collapse for sure.

Silver in the past few days has been leading the advance. It’s still some way off its near $50 peak back in April 2011 but has risen past a number of resistance points.

Historically its price was as low at $4.07 on 21st Nov 2001

Rose to $48.70 on 28th April 2011

Fell back to its recent low of $13.58 on 28th Jan 2016

Rose to a recent high of $20.71 on 2nd august 2016

Fell back again to its recent low of $13.97 on 14th Nov 2018

And is currently standing at $18.48 struggling to advance beyond that important $18.50 level.

Our prediction for 2019 gold high is between $1600 - $1700 and for silver between $19.50 - $21.00

At year end, we are expecting gold to fall back to $1550 - $1600 and silver to $18 - $19

We still hold as in our previous video that $1800 gold and $22.50 silver is a possibility this year but that would be allowing for a furtherance of negative negotiations and political turmoil which we are calculating because President trump has to win the next election in 2020 and to do so he needs a strong economy and not turmoil. 2020 however is another matter and we shall deal with that forecast in a separate video.

Tomorrow we shall give our estimates for gold and silver in sterling terms as sterling has a slightly different dynamic to contend with.

A final reminder for those of you considering taking advantage of our 1-month half price offer in joining our Inner sanctum – you have just over 30 hours left to do so. We have placed a link in the description box below.