Larry Lepard 5.0 2 ideas

Larry explicitly states, "I believe gold's going to 10,000, 15,000, 20,000." He attributes this to government deficits, unchecked money printing, and a broken fiscal system that gold anticipates, with no reform in sight. Long-term bullish direction due to irreversible currency debasement trend, making gold a core holding. Serious, unexpected reform in government spending that curbs deficits, which he deems unlikely.

He notes silver corrected but remains above its 200-day moving average (~51), and explicitly disagrees with views that it will fall back to $50. Silver shares similar fundamentals with gold; the correction is a normal part of a bull market cycle, and a base is expected to form as deficits grow. Worth watching for entry as the correction provides a setup for potential upside, but timing is key after frothy extremes. If the correction deepens significantly beyond moving averages or if macroeconomic conditions shift abruptly.