Jim Rickards’ Rigorous Analysis Projects Gold Price Exceeding $27,000 – Not a Guess. The economist’s latest gold forecast far surpasses his 2026 estimate of $15,000, signaling potential for massive gains.

Jim Rickards Forecasts Gold Price Surpassing $27,000 - Rigorous Analysis, Not Speculation

Renowned economist Jim Rickards has made a bold new prediction – he expects the price of gold to exceed $27,000 per ounce under a potential future gold standard scenario. This forecast represents a significant upward revision from his previous estimate of $15,000 by 2026.

Rickards, a respected author and advisor on financial threats and international economics, is adamant that his latest lofty gold projection is not conjecture or an attention-grabbing ploy. “It’s not a guess; it’s the result of rigorous analysis,” he states emphatically.

The analysis underpinning Rickards’ $27,000 gold call examines the non-deflationary equilibrium price for gold if central banks were to revert to a partial gold-backed monetary system. While central bankers currently favor fiat currencies under their control over gold, Rickards posits they may be compelled to restore confidence by returning to gold standards.

This scenario could unfold due to factors like excessive money printing eroding currency value, competition from cryptocurrencies like Bitcoin, high debt levels, financial crises or other destabilizing events.

Rickards’ model assumes the U.S. would maintain a 40% gold backing ratio, historically used from 1913-1946. With the current M1 money supply around $17.9 trillion, $7.2 trillion in gold would be required. Applying this $7.2 trillion valuation to the U.S. Treasury’s 261.5 million troy ounces of gold yields a price of $27,533 per ounce.

While acknowledging potential debates around the optimal backing ratio, Rickards stands by his analysis based on economic principles and historical precedents. “A dollar price of gold over $25,000 per ounce in a new gold standard is not a stretch,” he affirms.

As the world grapples with economic uncertainties, Rickards’ balanced assessment points to gold playing a crucial role in safeguarding monetary stability, potentially at price levels once considered unthinkable. The famed economist’s latest bold call underscores gold’s enduring financial relevance.