In response to The Course of Inflation and The Course of Inflation II, a reader asked for the histogram describing forecasted gold prices for the year 2025, which follows:
The Course of Inflation II. The distribution forecast for 2025 is positively skewed with a mode of just over $600/oz. Again, the forecasted long-term returns for gold appear to be similar to the current risk free rate.
A complete report of results, including historical data, histograms and statistics for each year, and trial data is linked below:
Gold Prices Stochastics Report.xls
Please keep in mind that the forecast does not consider gold fundamentals other than historical prices. For anyone interested in learning more about the methods and technology used to create this analysis, please visit:
The Course of Inflation II
The Course of Inflation
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