“Gold Will Go To $2,500 Per Ounce” In The Next One to Three Years – Charles Nenner

Feb 4, 2020, 3:57 AM EST
This article is more than 4 years old.

“Gold will go to $2,500 per ounce” renowned geopolitical and financial cycle expert Charles Nenner stands by his prediction of record gold prices.

“Cycles show me that gold and silver will be going up for a couple of years. I take profits in a short term top, but … I am in for the long term”... as “they will go much, much higher.”

◆ How much higher could gold go in the longer term? “I made the calculation that if the system breaks down and we have to go back to the gold standard, then gold would be around $60,000 per ounce” according to Nenner

“The problem is it can go to $1,890 and then suddenly to $1,470, and they get afraid and sell out and no more long term investment. . . . If you are strong enough, let it go to $2,500, but never get weak even if it goes down. Be a long term investor. . . .$2,500 gold could take three years.”

◆ The cycle says we are at the top in stocks globally and while stocks could go 3% or 4% higher or we could have a 40% or 50% correction or indeed a crash

Watch interview here

Special podcast to celebrate GoldCore’s appointment as an Approved Distributor of The Royal Mint Watch Podcast Here


Gold logs first loss in 4 sessions as the U.S. stock market, dollar and bond yields climb

Gold slides 1% as dollar gains, risk sentiment improves

U.S. Treasury expects to borrow $367 billion in first quarter

Oil hits 13-month lows as coronavirus hits demand

Gold pulls back after flirting with $1,600 as dollar and government bond yields gain altitude

U.S. finalizes rule to slap duties on countries that undervalue currencies

SWOT Analysis: Gold ETFs Hit a Seven-Year High

Exclusive Gold Offer – For Retail, Pension and HNW Investors


Given increasing systemic risks, it is prudent for UK residents to own gold stored in secure vaults in the UK. To celebrate our appointment as a Royal Mint Approved Distributor, we are offering newly minted 2020 Gold Britannias and Gold Sovereigns at incredibly reduced premiums for all lump sum and pension investments worth more than £10,000, €12,000 or $14,000. We are also giving 12 months of Secure Storage free of charge.

Key benefits and information here


03-Feb-20 1578.85 1574.75, 1207.98 1209.41 & 1426.65 1425.46
31-Jan-20 1580.85 1584.20, 1205.24 1204.63 & 1433.51 1431.96
30-Jan-20 1580.40 1578.25, 1213.75 1206.41 & 1435.16 1431.31
29-Jan-20 1571.20 1573.45, 1207.31 1209.20 & 1428.38 1429.95
28-Jan-20 1579.60 1574.00, 1212.19 1211.04 & 1433.33 1430.77
27-Jan-20 1583.45 1580.10, 1209.28 1210.04 & 1436.66 1433.94
24-Jan-20 1561.85 1564.30, 1192.63 1194.19 & 1415.04 1418.04
23-Jan-20 1554.05 1562.90, 1182.94 1191.24 & 1401.91 1411.77