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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[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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[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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