According to an industry expert, the price of the yellow precious metal should be much higher today: "The real historical maximum of gold was reached in 1981, when the nominal price of gold was $ 850 per ounce, which would be equivalent to $ 3,000 per ounce in 2021."

He expects gold to rise to exactly this level by the end of this cycle. As the reasons for such a “bullish” assessment, he names unrecognized true inflation rates, estimates of the money supply in circulation and low interest rates.