Why Gold Could Double in 2021

#Gold #Silver #GoldDoubles

Why Gold Could Double in 2021 - unlikely but theoretically possible thanks to Basel III

Today is Saturday 2nd January 2021 and yesterday we published our gold and silver weekly update and promised to publish today our Gold & Silver Price forecast for 2021 – though there will be another tiny delay and here is why!

Yes yesterday we published our:
Gold and Silver Weekly Update – w/e/ 31st December 2020
https://www.youtube.com/watch?v=MW5E26gBNQ8&t=2s

Brexit - Signed, Sealed & Delivered
https://www.youtube.com/watch?v=CN1dF0O-X2k

$28,000 Bitcoin – Gold & Silver Consolidates
https://www.youtube.com/watch?v=akq7-_ZWI-I

$2010 Gold in 2021 - According to BNP Paribas
https://www.youtube.com/watch?v=s6p5oqMO8Tc

where BNP Paribas bank forecast a gold high in 2021 of $2010,

2021 Investments – Bitcoin – Equities - Gold & Silver?
https://www.youtube.com/watch?v=z5z3vXmiUrM

Bitcoin vs Gold & Silver Episode 4 - Scaramucci Launches Bitcoin Fund
https://www.youtube.com/watch?v=zpndn4nkIbE

Now we have predicted how we see gold and silver prices moving this coming week and the important data we were drawing your attention to with quite a heavy focus towards the latter part of the week, though there is significant data each day.

We were putting the finishing touches to our Gold and Silver Price forecast for 2021 when we received an email from one of our contacts at the Bank for International Settlements.

The email reminded us to take into account the provisions of Basel III when it comes into effect in January 2022. Now the reason this is important is because markets will be pre-empting this introduction much earlier and therefore this will have an influence on the gold price.

Now the likes of Andrew Maguire believes that central banks will be able to pay off massive swathes of debt by revaluing gold. According to the precious metals expert, gold would not only act as a cash asset, but would also behove central banks to revalue the dollar price of gold.

He believes Basel III rules will lead to a sanctioned gold revaluation, while ultimately driving a more physical market.

Now we can say this is not definitive, though Andrew believes it is. The LBMA is arguing hard to mitigate this effect and frankly no-one knows for certain what the absolute outcome will be. We won’t know really until we are much closer to March.

So with that in mid, we shall produce tomorrow our Gold price Update for 2021 not giving 2 potential price points and our Silver price forecast on Monday because that price will also, to some extent be determined by the gold price , but some listeners may be heartened if we say that we can expect silver to further disassociate itself from gold as the next few years progress.

Also we reported in our update yesterday that Bitcoin exploded again last week up $5,303 at $29,020 well since that video was published Bitcoin has since hit $31,393 today.

Important Links and videos:

Join us at:
https://www.illuminatisilver.com/sign-up-today/

Bullion Vault – Buy Gold & Silver
http://bit.ly/bullionvaultillumsilv

Richard & Greg – Discussion: Debate & Argument YouTube Channel
https://www.youtube.com/watch?v=MLWxmXToFCg&t=3s

Bitcoin/Crypto Training
https://bit.ly/3pNjaug

Rich Dad Summit from $1
https://bit.ly/39uZfKD

Gold, Silver and Rare Coins:
https://amzn.to/2PVinHw - (US & Overseas)
https://amzn.to/2EW8RO2 - (UK)

Stack Silver Get Gold:
https://amzn.to/37yIkUc - (UK)
https://amzn.to/33ca2md - (US & Overseas)

Bitcoin/Crypto Training
https://bit.ly/3pNjaug

Bitcoin For Dummies 1st Edition
https://amzn.to/2VKUSmE

Cryptocurrency Investing For Dummies 1st Edition
https://amzn.to/36Nhidt

Cryptocurrency Mining For Dummies 1st Edition
https://amzn.to/2JREdv2

The Bitcoin Standard: The Decentralized Alternative to Central Banking
https://amzn.to/3lNieTs

Blockchain Bubble or Revolution: The Present and Future of Blockchain and Cryptocurrencies
https://amzn.to/3gdTjao

The Basics of Bitcoins and Blockchains: An Introduction to Cryptocurrencies and the Technology that Powers Them
https://amzn.to/39KqPUj

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