Gold Price Forecast: Gold Bugs & Equity Investors Are on the Same Team (And That’s Weird!) The world of investing is often divided into two camps: those who believe in the power of gold and those who prefer to put their money into equities. However, recent trends in the market have shown that these two groups may not be as different as they once thought. Gold bugs, as they are affectionately known, are investors who believe that gold is the ultimate store of value. They see it as a safe haven asset that can protect their wealth in times of economic uncertainty. On the other hand, equity investors are those who prefer to invest in stocks and other securities. They believe that the stock market offers the best returns over the long term. Despite their differences, these two groups have found themselves on the same team when it comes to predicting the future of gold prices. Both gold bugs and equity investors are bullish on gold, and they have good reason to be. The COVID-19 pandemic has caused unprecedented economic disruption around the world. Governments have responded by printing trillions of dollars in stimulus money, which has led to concerns about inflation. Inflation erodes the value of paper currency, making gold an attractive alternative for investors. At the same time, the stock market has been on a tear. Despite the pandemic, the S&P 500 has reached record highs, and many investors are worried that the market is overvalued. This has led some to seek out alternative investments, such as gold. So, what does this mean for the future of gold prices? According to many experts, the outlook is positive. The World Gold Council predicts that gold prices could reach $2,300 per ounce by the end of 2021. This would represent a significant increase from current levels, which are hovering around $1,800 per ounce. Of course, there are always risks involved in investing. Gold prices could fall if the economy recovers faster than expected, or if inflation fails to materialize. However, the fact that both gold bugs and equity investors are bullish on gold is a strong indicator that the metal could be a smart investment in the coming months. In conclusion, the fact that gold bugs and equity investors are on the same team when it comes to predicting the future of gold prices may seem strange at first. However, it is a sign of the times. The COVID-19 pandemic has created a unique economic environment, and investors are looking for ways to protect their wealth. Gold has always been a safe haven asset, and it looks like it will continue to be one in the months ahead.