Peter Spina: Gold would need to reach $21,000 to fully back monetary base, Stoeferle shows

Traders Union
All News
Market Voices
Gold at $21,000 for full monetary base

Top Stories

Editors' Picks

Stocks

Crypto

Economics

Currencies

Commodities

Business & Wealth

Market Voices

16 min ago

Peter Spina: Gold would need to reach $21,000 to fully back monetary base, Stoeferle shows — Gold at $21,000 for full monetary base

Ronnie Stoeferle presented the keynote at Precious Metals Summit, providing a comprehensive overview with the latest In Gold We Trust report. He demonstrated that gold would need to be priced at $21,000 to fully back 100% of the monetary base, based on his analysis.

Peter Spina shared these insights from the event.

View post on X Loading...

The tweet was deleted by the author.

But we saved everything 🙂.

UBS recently maintained its gold price target of $5,000 for 2027, according to a forecast reviewed by Reuters. At the same time, Peter Spina has described silver as a strong buy at current levels, citing rising mining costs and higher all-in sustaining costs forecasts in a separate analysis. Both outlooks highlight continuing attention to precious metals pricing and underlying sector fundamentals.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

Did you like the article?

#Peter Spina

Editor's Picks for You

Buterin’s new vision: Why Ethereum wants to become digital gold

By Olena Litvinenko
3 hours ago

Buterin’s new vision: Why Ethereum wants to become digital gold

Editors' Picks

From affair to market crash: How the Nvidia scandal hit Bitcoin

By Anastasiia Chabaniuk
8 hours ago

From affair to market crash: How the Nvidia scandal hit Bitcoin

Editors' Picks

Shield AI’s Echodyne deal and the global counter-drone race

By Dmytro Kharkov
9 hours ago

Shield AI’s Echodyne deal and the global counter-drone race

Editors' Picks

All Editors' Top Picks

Latest Peter Spina News

China accelerates gold purchases amid price decline, Peter Spina notes

By Hanna Syniavska
20 hours ago

China accelerates gold purchases amid price decline, Peter Spina notes

Market Voices

Peter Spina: Big 8 silver short positions rise as price falls

By Elena Nikulina
Yesterday

Peter Spina: Big 8 silver short positions rise as price falls

Market Voices

Gold demand in India climbs following price decrease, Peter Spina notes

By Alena Volkova
06.11.2026

Gold demand in India climbs following price decrease, Peter Spina notes

Market Voices

All Peter Spina News

Olena Litvinenko
3 hours ago

Buterin’s new vision: Why Ethereum wants to become digital gold

Anastasiia Chabaniuk
8 hours ago

From affair to market crash: How the Nvidia scandal hit Bitcoin

Dmytro Kharkov
9 hours ago

Shield AI’s Echodyne deal and the global counter-drone race

Pavlo Kot
Yesterday

From airline tickets to Ferraris: What can you buy with crypto?

Pavlo Kot
07.11.2026

Apartment or Bitcoin: Choosing a safe haven for your wealth

Mykhailo Ihnatenko
5 min ago

Gregory Daco: U.S. New York Fed median inflation expectations steady at elevated levels in October

Eugene Komchuk
10 min ago

BLS will not publish October 2025 CPI, Jason Furman notes

Yulia Slavina
16 min ago

Peter Spina: Gold would need to reach $21,000 to fully back monetary base, Stoeferle shows

Daria Chernytska
21 min ago

Joe Weisenthal: All Philadelphia Semiconductor Index stocks rise except NVDA

Elena Nikulina
21 min ago

U.S. may import more tokens due to rising AI demand, Tomasz Tunguz says

Top News

Ksenia Gerey
1 hour ago

Anthropic has no plans to delay IPO despite market selloff

Anthropic has no plans to delay IPO despite market selloff

Eugene Komchuk
3 hours ago

Hedge funds begin massive selloff of technology stocks

Hedge funds begin massive selloff of technology stocks

Oleg Tkachenko
6 hours ago

U.S. authorities grant Coinbase a banking charter

U.S. authorities grant Coinbase a banking charter

Olga Shendetskaya
7 hours ago

Oil prices fall after Trump's comments on Iran

Oil prices fall after Trump's comments on Iran

Pavlo Kot
8 hours ago

Binance, Tether and Trump-linked crypto firms face congressional scrutiny

Binance, Tether and Trump-linked crypto firms face congressional scrutiny

Top 5 companies for you

United States

Live News

Mélissa Bac
Now

Strategy buys $82 million in Bitcoin, raises holdings to 850,364 BTC

Mykhailo Ihnatenko
Now

Nvidia stock falls amid CEO scrutiny: Can buyers reclaim $178?

Anton Kharitonov
Now

EUR/USD targets 1.1200 as dollar weakens ahead of U.S. inflation data

Mykhailo Ihnatenko
Now

Ethereum slides as geopolitical risks trigger another $1B liquidation wave

Pavlo Kot
Now

Binance hackers still hold $3.1 billion in cryptocurrency after attack

© IAFT Ltd., 2010-2026 All rights to the website are owned by IAFT Ltd.,
Registration number - HE 336186

Risk disclosure:

Information on the TradersUnion.com website is for informational purposes only and does not constitute any motive or suggestion to visitors to invest money. Moreover, we hereby warn you that trading on the Forex and CFD markets is always a high risk. According to the statistics, 75-89% of customers lose the funds invested and only 11-25% of traders earn a profit. Trading in futures and options carries substantial risk of loss and is not suitable for every investor.

That is why you should only invest money that you are prepared — or can afford — to lose at such high risks. Tradersunion.com does not provide any financial services, including investment or financial advisory services. Also, the Traders Union is not a broker and does not get money for trading in the Forex or CFD markets. Our website only provides information on brokers and the markets and helps its users to select the best brokerage company based on detailed information and objective analysis of brokers.
Disclaimer:

Traders Union (TradersUnion.com) shall not be liable for the consequences of trading decisions made by the Client and for the possible loss of his capital resulting from the use of this website and information published on it.

Forex market, CFD and cryptocurrency trading involves high risks and is not suitable for everyone. Before investing money, you need to adequately assess the level of your expertise and be aware of the risks, particularly in the context of trading with leverage. The information on this website is not intended for distribution or use by any person in any country or jurisdiction, where such distribution or use would be in violation of the local law or regulation. Any payments by Traders Union (TradersUnion.com) to the users of our website shall be legally interpreted solely as an incentive on our part for the activity on the website in the form of a deduction of a part of the advertising income; they shall not be a subject of any claims of our users or our obligations, a subject of disputes, as well as cannot be considered in relation to the services provided to users by brokers, both in fact and in their completeness and volume. The administration of the website shall not be liable for the content of user comments and reviews about the companies and shall not verify whether the authors of the reviews are indeed real clients of a specific company. All reviews, both negative and positive are published on the website without verification of their reliability; only offensive reviews that call for violence or any kind of discrimination and also reviews published from one group of IP addresses are moderated and removed. The authors of the materials shall be fully liable for the accuracy, completeness and impartiality of any information in the articles and reviews, including in the context of their use or mention of any brand names or trademarks. All mentions of the names of companies and their brands in any materials on the website shall be made in the context of communication of socially important information to the people about their activities by independent journalists, who are the authors. All evaluations and indicators on the website express the subjective opinion of the authors of the reviews (articles) and shall not be viewed as accurate statements and be a subject of disputes and claims against Traders Union.
Disclosure of advertisers and revenues:

All the services on the Tradersunion.com website are free for you to use. Our team spends thousands of hours per annum researching brokers and gathering information about them to help investors all over the world to choose reliable companies and to avoid fraudsters.

Indeed, the curating, sourcing, and organization of this process requires substantial financial investment by Tradersunion.com, which the website earns in the form of advertising payments. There are two types of advertising services on the website — direct advertising or partner (broker) participation programs. However, no services purchased by our partners shall affect the recommendations on our website, or our opinions, or ratings. Our ratings are based on our objective rating criteria and methodology; and the results are always equally and fairly applied to each broker. The work of our content authors and research groups does not involve any interaction with our advertisers and they do not have access to data concerning the amount of advertising purchased. For over 10 years we consider our independence, absolute openness, and objectivity as our main priority. Please follow the links to each of our affiliated broker’s websites. This will help Tradersunion.com to continue to provide our services to you for free.