Bitcoin $7,000. Dow Jones 26,000. That way new all time high price for Gold will be $2400/ounce.
Iran crude oil getting banned worldwide and Iran threatening to block major supply route through Gulf seas. Crude oil going back to $150/barrel.
Some $1 trillion trade/tariffs war started by Donald Trump with many countries.
All prices are in dollars, and in the meantime, the forecast of strategists Morgan Stanley: to sell the dollar.
Factors:
- comments by US President Donald Trump on the overvaluation of the dollar and undervalued exchange rates of US trading partners,weaker indicators of economic activity in the US,
- weaker indicators of economic activity in the US,
- China's economic measures
- possible changes in the monetary policy of the Bank of Japan.
Crude oil will not be more than $ 80, it is still unprofitable, the supply will increase.