00:00Some analysts, some of your colleagues in the industry, have set their year-end targets for gold at $6,000 an ounce.
00:07But looking at where we are right now, do you think this $6,000 an ounce could come a lot sooner than the end of the year?
00:15I hope it doesn't, because that makes the market riskier, and this is what we've been seeing recently.
00:21Over the last few months, the predictions or expectations of gold reaching $5,000 and $5,500 was expected maybe mid-2026 and later.
00:33And gold achieved that in a few days, and then we saw the reverse movement.
00:38Now we still see the predictions of $6,000, $7,000, some go extreme, $10,000 and more.
00:45I hope we don't see that movement, because that would be really risky for the market.
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