Top Gold Bull is Calling for $15,000

Gold prices may have pulled back in recent weeks, but don’t count it out just yet.  There are still plenty of bulls calling for further upside.  For example, according to Goehring & Rozencwajg Associates, as noted by, “We still believe we will see a $15,000 gold price before this gold bull market is over. For patient investors with long-term horizons, we recommend aggressive accumulation of both gold and silver on any price weakness over the coming months,” he said. “The relationship that we look at is the amount of money that has been printed and the gold price.”

In addition, according to DoubleLine CEO Jeffrey Gundlach, as quoted by, “Gold has really underperformed other froth assets like bitcoin by incredible amounts, almost inconceivable amounts since that peak in gold above $2,000,” adding, “Gold is very likely to bounce because the selloff has been pretty powerful. Long-term gold is pretty interesting. Our model shows that gold is at fair value at $1,761.  We don’t think the decline in gold is likely to continue.”