Warren Hammond’s Personal View: Gold hits record highs, a timely reminder

Gold hits record highs, backing The Personal View’s 2021 bullish call. See why gold’s stability prevails and the new $5000 target matters.

Apr 5, 2025 - 06:00
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Warren Hammond’s Personal View: Gold hits record highs, a timely reminder

Gold is hitting record highs today, and this serves as a timely reminder that The Personal View turned bullish on gold at a time when gold was under loved and under owned – back when racy, speculative assets were commanding investor attention and distracting from the enduring value of gold, which resides merely in its stability. 

Gold’s Surge and Future Outlook

Since Q1 2021, The Personal View has maintained a high-conviction, reiterative bullish stance on gold, beginning the accumulation of both gold and gold equities from the 8th of March through April 2021, with gold trading around $ 1,690 (R32,251.54) per ounce. At the time, the call was met with skepticism and few followers, but conviction held firm. 

How to manage your money like clockwork in 2025

Lastly, note that The Personal View upgraded its price target on gold from $3 000(R57 251.25) to $5 000 (R95 418.75) per ounce on 26 February 2025. This note is entitled The Personal View: Gold $5 000 (R95 418.75)!

Are you positioned to benefit from gold’s next big move?

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