Like I posted yesterday, yes gold will eventually go over $5,000 an ounce if the Fed just holds inflation at their target of 2 to 2.5% per year. Of course, everything will increase in price as well.
Predictions without time frames are worthless. As an example, I predict the price of gold will drop to zero in the future. Prove me wrong. If humans cease to exist there's no market and with no market nothing has value because value is a human concept not found in nature.
