Gold Hits $3000 For First Time
And we celebrate with a Special Offer, save $500
On Friday March 14, 2025, the price of Gold broke through the $3000/oz level. This is what John Doody has been forecasting.
Now it looks like that was just a short term goal!
The factors that drove gold to $3,000 are still in place to drive it higher:
- Record Central Bank gold buying. 2024 was the third consecutive year the CBs added over 1,000 tonnes (over 32.2 mil ounces) to their vaults as a US Dollar alternative.
- Chaotic US economic scenario: Piling on tariffs and deporting workers on top of the ongoing US budget deficit can only result in more inflation.
Higher gold prices mean greater profits for gold producers, including our Fave 5 Gold miners. With gold up over $1000/oz in the 2+ years since end-2022, the miners are minting money as shown by their record 2024 results. For example, Agnico-Eagle’s record $4.0 bil operating cash flow in 2024 allowed AEM to cut debt by $1.3 bil and return $1.0 bil to shareholders in dividends and share buybacks.
Investors are beginning to notice. The miners that are showing big profits are bringing generalists back to gold stocks… especially to those outperforming the metal. The table below is from Fave 5’s Feb-25 issue (free download of cover page) and lists all the “investable” gold stocks… producers and near-producers, that have been beating gold. Note that many were GSA Top 10 (in green).
At Fave 5 we focus on stocks that have “jolt” potential. Something that will launch the stock’s price higher, not just gold price increasing. Read the full presentation here.
One of the five has already doubled since we launched John Doody's Fave 5 Golds newsletter in July 2024, and we believe it can double again to a 400% higher price.
A second is up 50%, but others have a way to go as they await the events we forecast. That’s good for you, as you can still jump on the gold train before it leaves the station. The next issue will be posted on March 20, 2025.
To celebrate Gold's ascendance, we are offering a $500 saving on John Doody's Fave 5 Golds newsletter. Normally, $2,500 for the first year, get it now for just $2,000. But you must use this link to get the savings. This offer expires on March 21st.
Payment link https://buy.stripe.com/9AQ5l91X5dZC91u00e
