Michael Oliver suggests that gold could achieve a significant multi-fold price increase based on its historical performance patterns and current economic conditions.

“If we have another eight-fold gain, which is merely matching the dimensions of the prior two bull markets, 1980p, 2011, you'll go to $8,500.”

Gold is currently the only reliable unit of account in a financial system where fiat currencies are suffering from chronic debasement.

“People are sleeping on a fact that the debasement is currently ongoing and running and the bas the only valid unit of account in a in an absolute leper colony of varying fiats uh that are all uh deeply ill with the same disease is in fact uh the gold outs.”

Bitcoin will follow gold in achieving a parabolic price move as the market works through existing supply.

“Just like gold eventually entered this parabolic move, Bitcoin will follow suit. Gold is telling you that the world is concerned about debasement, that it wants to be able to self- sovereignly hold assets. That same story is true for Bitcoin.”

Gold is a sound investment that will increase in value as the purchasing power of the US dollar deteriorates.

“If that is more or less right, then the gold price goes up four-fold from here.”