Gold Forecast for 2021

To say that this year was a year that will be written about in the history books as a devastating global pandemic spread worldwide would be an understatement. As we come upon the final week of trading for 2020 next week, we can gladly wish this year away. There is however reason for optimism as a vaccine has been created by three separate Pharma companies, all which have a 95% efficacy rate, and is now beginning to be distributed to citizens worldwide.

This almost guarantees that 2021 will be much better than this last year with hope that the vaccine allows the global population to return to a new normal. That being said the economic fallout and hardship that will follow this year will begin to emerge as expenditures globally can be counted in the trillions of dollars, with an almost guarantee that much more fiscal stimulus will be needed to return the economies in countries worldwide back to the pre-pandemic era.

It is the economic fallout that we will focus upon next week on our reports, and on today’s report focus upon what our technical studies forecast gold prices will go to by the second quarter of 2021.

The suffering that millions of individuals that have had to deal with from the loss of loved ones, to the economic challenges faced by the millions of individuals who have lost their jobs and are fighting to survive week by week cannot be understated. There is however light at the end of the tunnel now that a vaccine has begun to become available and should be available to all of those desiring to be vaccinated by the second quarter of 2021.

The net effect of the global pandemic has resulted in countries worldwide dealing with a pandemic that has created a fierce economic contraction. As we rebuild economies throughout next year the cost to accomplish economic revitalization will be tremendous. This I believe will take gold pricing higher and actually trade to a new all-time record high by the middle of the year. To that end it is my hope that our subscribers were able to use the information in our service to weather the economic hardships. I also believe that the prospect of higher gold pricing next year will allow us to continue to have a positive impact on our subscriber’s economic health.

In that spirit I wish all of our subscribers good trading, a happy and healthy holiday season, and a blessed new year.