welcome back to our weekly update I'm Charlotte McLoud with investing news.com and this time around we have a special video for you as we close out 2024 we're going to take a look back at our five most popular videos of the Year these interviews were our most feuded over the last 12 months and they include experts thoughts on Gold Silver and much more I've really enjoyed bringing you this content and reading your comments and I'm definitely looking forward to doing more of it in
2025 if you have thoughts about people you'd like to see interviewed or questions you want answered leave a comment below because it always helps me bring more value to the Channel all the best wishes for 2025 and for now let's get into our 2024 top videos [Music] countdown k off the list in the fifth spot is Peter grandich of Peter grandit and Company speaking in early August when gold was approaching the 2500 per ounce level grandage explained why he no longer sees 5,000 as a foolish price
Target I'll tell you what has changed since we last spoke I never thought of this I was always the guy that stood at the show and say yes I'm bullish on gold but to talk about 5,000 gold or $10,000 gold I think that's foolish you shouldn't not foolish anymore there's legitimate Poss possibilities for those type of numbers to be reached certainly within a matter of a couple years because of all the things and other things that we discussed on this thing so I'm also think that the upside could
be greater now than any other time in my career will a middle cob of commodity Discovery Fund is next in this January interview he shares his 2024 outlook on a wide variety of sectors but also looks much longer term I always tell this two investors out of the next 10 years in the bull market six seven or eight will be wonderful and then you go up not with 10 or 15% but 50 60 70% because it's a huge undervaluation and the huge leverage in these kinds of play so um I'm looking forward to the next 5 to 10
years uh well I look I I really look forward to the next 5 to 10 years David Morgan of the Morgan report is always a popular guest and when I heard from him in June he weighed in on whether Sil price breakout was the real deal or not Morgan was positive on Silver's prospects but stayed conservative with his 2024 call and what do I expect for the rest of 2024 I'm going to be a conservative Charlotte I'm going to say um I think will still be in the 30s and probably in the mid-30s I don't really
think silver is going to be uh in the 40s by the end of the year people will make arguments they'll be 50 and it could be but I'm going to remain conservative my call for this year before or any real bullishness in silver and gold was just starting to make some pretty good moves was $2,500 gold and $30 silver and surprisingly my silver call is here already and gold has not quite made it to 2500 and that isn't like the average price that's kind of the high range but again I hope I'm
wrong I hope Gold's well over that and silver is making new nominal highs for you know what I what I wish would happen but what do I believe will happen I don't think you're going to see $3,000 gold this year I don't think you're going to see $40 Garth Solway of verified investing.com comes in at number two and at the end of August he laid out a gold price target of 2660 saying it could get there later in 2024 or early in 2025 gold did of course reach that level in 2024 but Solway also
gave a much longer term look at where gold could go he explained how it could get past 6,000 although he emphasized that forecasting is less accurate over such far away time frames for me things like this right if we flip back to our regular chart from our logarithmic chart um we can look and say and this is kind of an interesting one right so this is something I was playing around with so if we look at the bull run that took place on gold from 1976 to 1979 that 1979 I it was about a 750 full run if we look at the low in 01
to the high in 200 2011 it was about 630 per. so it seems like it's slowly moving lower by about 120% you know in terms of The Upside but that still puts us at about a 500% rally off of the lows from 2015 now this is kind of the like I mean if if we had our you know for those of you out there like me that have Holdings in longer term in Gold this is like the magic like everyone wants to hear this and if we do that and we go up 500% I have to keep dragging my chart down here to kind of get that that into play but
we still have to keep going here so we're almost there at this point guys but really what we're looking at is let's say we do 500% you're looking at around a 6,000 price Target and again just to understand that would be 750 was the first Bull Run 120% less is the next one and that's easily measured so if we do 130% or 120% Less on this next Bull Run it takes us to about 6400 6300 on gold finally our most popular interview of 2024 was with none other than Rick rule of rule investment
media at the beginning of the year he mentioned several sectors he's interested in including Platinum Palladium and nickel as well as oil and gas I definitely recommend watching the full interview as many of the points rule makes are still relevant today for now here's what he said about silver my favorite although not for right now is silver speculation you remember the great silver squeeze uh that whole generation of silver speculators got burned because they believed that they would Prevail in 3 months and they were
wrong they thought their time preference mattered to the market it doesn't uh silver is from my viewpoint the most volatile commodity among the precious metals when silver moves it moves further and faster and I can get entry into high quality Junior silver stocks today uh at prices that suggest that the silver price will never go up uh a beted I'd love to take as good as uranium was 3 years ago no but nothing is you can find the links to the full interviews with Rick rule Garis solay David Morgan Willam middle and
Peter grandich in the video description if you'd like to hear more [Music]
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