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Patrick Karim: Gold to $4,000 and Silver to $40. Here’s How!

Jan 16, 2025, 2:15 PM EST

In my first interview of 2025 I spoke to Patrick Karim of North Star Bad Charts. We dove straight into the markets for 2025, focusing on gold, silver, and other key assets. Patrick is always insightful, and this time I asked him what he thinks is in the charts for the year ahead.

Patrick pointed out gold’s remarkable long-term uptrend and is incredibly bullish about how it may perform in the months ahead. He sees the possibility of gold reaching between $3,400 and $4,000 by the end of 2025, though some consolidation along the way wouldn’t surprise him.

Silver is another exciting prospect. After years of stagnation, it’s breaking out of its congestion zone. Patrick believes a close above $32–$34 could signal a historic annual breakout, (did we hear $40?!) paving the way for further gains. 

Our chat wasn’t just about gold and silver, tune into where he sees oil, the stock market and Bitcoin heading. 

Patrick’s insights always leave me thinking, and we’ll definitely revisit these predictions later in the year to see how they’ve unfolded.

It’s that time of year again—the Annual GoldCore Survey! Every year, we invite our clients, readers, and followers to share their insights on gold, silver, and their outlook for the year ahead.

The survey is quick, anonymous, and helps us understand what matters most to investors and precious metal enthusiasts like you. As a thank-you, all completed entries will be entered into a prize draw to win silver bullion coins.

The survey is open until January 31st, so don’t miss this opportunity to share your views and enter to win. Good luck!


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