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Gold Prices

Why Some See $3,000 Gold and $60 Silver This Year

by JD Rucker
June 23, 2023
in Opinions, Original
Discern Report

Let’s get two important notes out of the way before we get into the meat of the article. I am not an economist but as a layman monitor of all things gold and silver I have NOT seen the evidence that precious metals are going to skyrocket as high as some real economists are saying. Call me a skeptic but I’m not nearly as bullish as they are. Do I think gold and silver have tremendous upsides? Yes. Do I see $3,000/$60 in 2023? No.

With that said, the second important note is that I am very bullish on the stability of physical precious metals. All but a handful of economists are saying we’re at or near the bottom which means that precious metals are as sound as they have ever been. The way I look at it, gold and silver are for protection and hedging, not for massive short-term appreciation. If I’m wrong and they do happen to skyrocket as some economists are predicting, great! Either way, it’s clear that now is the time to move wealth or retirement to the shiny stuff.

I’m not a financial advisor so I cannot give advice, but I have found four America First precious metals companies I recommend to those who are in the market for physical gold and silver. This comes after vetting a total of 31 companies so far. You can check out my recommendations here.

Now, let’s get to the meat. I started hearing rumblings about $3,000 gold ounces and $60 silver ounces last year. At the time, the big triggering factor was the idea that Russia would force countries to buy oil with precious metals. There were also the beginning of rumblings about Central Bank Digital Currencies. Inflation was, of course, skyrocketing as well.

The sentiment driving today’s predictions of $3,000/$60 follow the Fed and other central banks making moves. For example, market strategist David Hunter believes we’re in for a wild ride. According to Kitco:

Gold will reach $3k by October as markets ‘melt up,’ with the S&P expected to see at least 36 percent upside, according to David Hunter, Chief Macro Strategist at Contrarian Macro Advisors.


  • What Is Driving Silver’s Price Rise and Will It Continue?


“My S&P target is six to seven thousand,” he told Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News. “My targets are gold to $3,000 pre-bust and silver to $60 pre-bust… We’ll probably see most of the melt-up move by the end of the summer, which could mean Labor Day, but it could stretch into September.”

Hunter, who correctly called the recent stock market bottom in 2020, claimed that markets are nearing the end of a 41-year secular bull cycle which began in 1982.

“That is when the disinflation trend began and interest rates peaked out,” he observed. “I think the highs of this bull market will not likely be seen again for decades.”

This is the part where your average precious metals salesperson would end the story. I’m not a precious metals salesperson so I’ll take Hunter’s and others’ predictions a few steps further. IF gold and silver skyrocket as predicted, it will almost certainly be very temporary. There will likely be a crash back to earth followed by a sustained modest appreciation period.

We’re poised to see the most volatile couple of years for precious metals. But the roller coaster ride we’re about to take with gold and silver will seem very tame compared to the massive turbulence other asset classes are going to experience. The reason I like gold and silver isn’t the idea of $3,000/$60 this year. It’s the prospect of much higher values in the next decade.

As David Hunter noted, after markets bottom during the bust, gold and silver will see significant upsides which could see them reach 10X multiples by 2030.

Those who may be in the gold and silver market soon have a very short window to get the metals while they’re still cheap, according to Hunter and other economists. The summer surge they’re predicting will make it less lucrative to get into precious metals at that stage.

Again, I’m neither an economist nor a financial advisor so take anything I say with a grain of salt. I just read and listen to a lot of financially intelligent people, and the general sentiment leans toward a near-term move of wealth or retirement accounts to physical precious metals. Here are the companies I recommend.

Promised Grounds Christmas
Discern Report





Three Reasons a Coffee Gift Set From This Christian Company Is Perfect for Christmas

Promised Grounds Gift Pack

When you’re searching for a Christmas gift that’s meaningful, useful, and rooted in faith, you don’t want to settle for anything generic. This season is filled with noise — mass-produced products, last-minute picks, and trends that fade as quickly as they appear. But one gift stands apart because it blends genuine quality with a message that matters: a coffee gift set from Promised Grounds Coffee.

This small Christian-owned company has become a favorite among believers who want to support faith-driven businesses while giving friends and family something they’ll actually enjoy. Here are three reasons a Promised Grounds Coffee gift set may be the most thoughtful and impactful present you give this year.

1. It’s Truly Delicious Coffee

Too many “gift-worthy” coffees look beautiful in the package but disappoint when the cup is poured. Promised Grounds takes the opposite approach — exceptional taste first, thoughtful presentation second.

Their beans are sourced with care, roasted in small batches, and crafted to bring out a rich, smooth flavor profile that appeals to both casual drinkers and true coffee lovers. Whether someone enjoys bold, dark roasts or lighter, more delicate blends, every sip reflects quality that stands shoulder-to-shoulder with the biggest specialty brands.

Simply put: this coffee is good. Really good. Some say it’s absolutely fantastic. If you want a gift that won’t be re-gifted, ignored, or shoved in a cabinet, this is it.

2. It Spreads the Word While Serving a Real Purpose

There are many Christian gifts that are meaningful… but not exactly practical. There are also useful gifts that have nothing to do with faith. Promised Grounds Coffee bridges both worlds beautifully.

Each gift set delivers an encouraging, faith-centered message through its packaging and presentation — a simple but powerful reminder of God’s goodness during the Christmas season. The cups are especially popular and serve as a daily reminder of the blessings from our Lord. At the same time, the product itself is something people will actually use and appreciate every single day.

It’s a gift that uplifts the spirit and fills the mug. A gift that points loved ones toward Scripture while still being part of the normal rhythm of life. And in a culture that increasingly pushes faith to the margins, giving a gift that quietly but confidently honors Christ can make a deeper impact than you might expect.

3. It’s Affordable, Valuable, and Elegantly Presented

Many people want to give something meaningful without breaking their Christmas budget. Promised Grounds Coffee strikes that perfect balance — the sets look and feel premium, but the price remains accessible.

The packaging is classy, clean, and gift-ready, making it ideal for:

  • Family members of all ages
  • Co-workers or employees
  • Church friends or small-group leaders
  • Hosts, neighbors, and last-minute gift needs

It’s the kind of gift that feels more expensive than it is — and more thoughtful than most of what you’ll find on store shelves.

The Perfect Blend of Faith, Flavor, and Christmas Cheer

A coffee gift set from Promised Grounds Coffee checks every box: a gift that tastes amazing, conveys your faith, supports a Christian business, and brings daily enjoyment to the person who receives it. In a season when so many gifts are forgotten, this one stands out for all the right reasons.

If you want a Christmas present that reflects your values and delivers genuine joy, Promised Grounds Coffee is the perfect place to start.

Tags: David HunterGoldKitcoLedePrecious MetalsSilverTop Story
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