Peak gold price historically is when the Dow Jones to gold ratio is close to one to one.
So the Dow will go to 10,000 and gold to $10,000?
Sounds crazy, but it has happened before (or close to it).
On July 8, 1932 the Dow hit an intraday low of 40.56 while gold was officially priced at $20.67. That is a ratio of about 2/1. When gold was revalued to $35.00 an ounce in January 1934, the Dow was about 100 – still not a 1/1 ratio but under 3 for sure.
In January of 1980 gold hit $850 when the Dow was around 875. This was probably as close as we ever got to that 1/1 ratio.
Every 50 years it appears that this could happen. So, by 2030 we might possibly reach this 1/1 ratio again or close to it if history is any sort of guide.
Not a prediction so much as an observation.