ETFTrends/Evan Harp/3-1-2022
“Pierre Lassonde, chairman emeritus of Franco-Nevado and CEO of Firelight Investments, believes that gold could hit $2,200 to $2,400 in the medium term, but over the next five years could potentially reach as high as $10,000, should the Dow to gold ratio converge to 2:1 and the Dow Jones contract by 20%-30%.”
USAGOLD note: $10,000 seems a stretch, but $2200 to $2400 in the medium term does not.