I can see $16,000 by mid 2035,

I can see $16,000 by mid 2035, but I think Uranium will outperform gold in a more asymmetric trade.

Gold & Silver Slides: Safe-Haven Trade Still Safe or Not?

Spot Gold retreated sharply, falling over $40 intraday to around $4,585/oz after briefly touching a record high near $4,643. Stronger-than-expected U.S. PPI and retail sales data, alongside a lower unemployment rate, reinforced expectations that the Federal Reserve may keep rates unchanged in the coming months—pressuring non-yielding assets. The pullback highlights growing tension between gold’s geopolitical premium and macro data that argues for “higher for longer” rates. After hitting record highs, is this gold sell-off a technical reset or a trend reversal?

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