Don Durrett Predictions
Mining Sector Analyst
Track Don Durrett's public market predictions and forecast accuracy. Each prediction is recorded from the date it was published to its estimated deadline, then graded correct or wrong based on the outcome.
- Rankings only reflect predictions tracked on this site and do not represent a predictor's full record.
- Grading involves judgment and may not always be clear-cut.
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[5:23] I'm expecting a correction here down and I've been saying this that we'll go back to 4,200 before we go to 5,000. And that so this next correction is kind of coming here I think sometime before the midterms which is first week of November or shortly after
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[6:29] I do not think we'll go below 3750. I was saying 3750 is kind of my line in the sand.
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[6:37] And when we do finally do take off, and I think we will in Q4, I think that we're going to that's when the Knicks run will begin. And once we get above 4500, and that could happen as early as November, once we get above 4500, I don't think we'll see it again. I think we'll go above 4500 and we will trend all the way to 15,000
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[7:31] I think it's going to start sometime in November or December. Most likely November, this next leg, and it'll go all the way to 6,500, somewhere around 6,500.
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[37:14] I think gold's going to 15,000. So my feeling is even if they do a reset, gold's just going to eat it right up
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[22:18] I think the floor in silver is probably 5860. You can't get it below those levels. Those are the floors, right? Look at the ceiling. The ceiling for gold I think is around 15,000 and the the ceiling for silver is around a thousand.
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[26:05] I really f firmly believe silver will outperform gold by, you know, 2x. And it already has, but this from here forward 2x.
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[27:55] if we go to I think $8,000 gold I think is a very conservative number for the next three years. I think it's a conservative number. So, if we use 2% it's 160. We use 3% it's 240 and then if we use 4% it's three 480 something like that.
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[33:33] The second leg, I think next year they'll go up another 100%.
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[32:29] if gold gets to $8,000 and I I think it could easily get to those levels if you do the math.
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[18:25] I think we'll get there next year in 27. All we're going to need is a recession.
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[30:59] if we use the SILJ right it's it's right around 30 I think right now. So we we the NE we're probably going to go in around 60 somewhere in that area which would double and then leg three would double again to 120.
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[8:31] the first leg started last year um in August like right around this time and it went all the way until January. So we went to $5,600 gold and $120 silver and that was leg one and now we had a correction out of leg one and now we're going to get I firmly believe we will get a leg two and a leg three possibly a leg four.
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[9:55] 3750 is actually my target um for the correction. That would be a pretty steep correction here from 4,200. Um and so I actually think that that's in play here and I want to be wrong.
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[4:58] I'm using $7,000 gold, $200 silver, and and I I incrementally increase that as the price of gold, silver goes higher. And I do think we I think those are conservative targets.
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[12:44] The top of the mountain for me is going to be somewhere between $7,000 and $8,000 gold. But I think that's going to be early. I think this thing's probably going to 10,000.
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[25:55] So basically we're going to go to about 6,500 and then we're going to get a 15% correction back to about 5,500 and and you can get in again there.
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[4:58] I'm using $7,000 gold, $200 silver, and and I I incrementally increase that as the price of gold, silver goes higher. And I do think we I think those are conservative targets.
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[21:54] if we get in this leg two, by Q1 of next year, these ETFs will be up 100%.
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[9:12] we're at 7,700. I do not believe that this this bull market can continue much longer. Um, and so I actually think that we're going to correct before the midterms, before November.
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[37:20] Leg three, phase three is when we get out and we we're waiting for that, but that's way down the road. 28, not until 28.
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[11:40] So we're at 4,600. So if you buy now, be prepared to buy even lower. I think 4,300 is my target. I think I think we're going over the next two months.
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The prediction claimed gold would decline to $4,300 from ~$4,600 within two months; the period low reached $3,962.5 on 2026-06-30, which is well below the $4,300 target, confirming the target was hit during the window.
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[12:07] I think this one's going to go at least one more month. At least one more month and possibly six months. So, we're looking at a five month to six month correction. So, we won't get an all-time high. We won't get that $1,000 back for at least a month. Um, maybe two or three months.
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The prediction claims gold won't reach new all-time highs for at least 1-3 months. The ATH reference is $5586.2 (from 2026-01-29), and the period high during the prediction window was only $4765.2, which never came close to the ATH. However, the prediction also claims a 5-6 month correction, which cannot be fully evaluated by the target date of 2026-08-30 (only ~4 months out). The core verifiable claim is that gold won't reach a new ATH for 1-3 months — the period high of $4765.2 is well below the ATH of $5586.2, so no new ATH was set during the window, making that part correct. The correction (price decline) did occur with a period low of $3962.5 (about -12.3% from prediction date price), consistent with a correction narrative.
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[27:27] And I think 2028 it'll go through 2028. But I'm not I'm not uber bullish gold in 2029. And so I want to get out. I actually want to be completely out in early 28 because I think the cycle is gonna we're starting to get towards the end.
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[42:37] For me, it's 7 I'm using $7,000 gold right now. $200 silver.
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[10:52] I think 7 $8,000 is kind of where we're going.
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[14:34] the death cross, I think, is going to be right around 5,500 on the S&P. So the S&P goes below 5,500, gold goes above it. That's the death cross.
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[18:31] my target price for Newmont is $500. It's currently trading under 120.
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[16:50] I think we're going back down to at least 4,300, maybe even lower.
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The prediction claimed gold would correct down to at least $4,300; the period low was $3,963.3, which is well below $4,300, confirming the target was reached.
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[3:44] I think this one will last um at least two years. I think it began in August.
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[7:52] 20 baggers, believe it or not, are going to be somewhat the norm.
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