Nvidia Stock Prediction & Gold Price Forecast 2030: The Modern Playbook
Our base-case Nvidia stock prediction and gold price forecast for 2030 and 2035, alongside Bitcoin and the Nasdaq, all modelled against money supply growth.
Topic
Price Predictions: Base-Case Scenarios for 2030 and 2035
Base-case price models for Bitcoin, Nvidia, the Nasdaq, Berkshire and gold to 2030 and 2035, and how each compares with projected money supply growth.
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The price predictions on this page come from the base-case model we published in Part VI on 11 June 2026, which takes the St. Louis Fed’s M2 figure of $22.8 trillion as its starting point and grows it at about 5.5% a year, to around $28.2 trillion in 2030 and roughly $37 trillion in 2035. We also ran a bear case at 4% and a bull case at 7% or more, because the whole model moves with that one assumption.
On the base case Bitcoin goes from $65,000 to about $350,000 by 2030, Nvidia from $207 to $580 and gold from $4,345 to $6,362, and we would read all of them as scenarios rather than targets.
- $350,000 Bitcoin 2030 base case A modelled scenario from $65,000 in June 2026, not a price target.
- $580 NVIDIA 2030 base case A modelled scenario from $207 in June 2026, not a price target.
- $6,362 Gold 2030 base case A modelled scenario from $4,345 in June 2026, not a price target.
Articles on Price Predictions
1 article from our research on this topic.
Plain-English definitions
Key terms for price predictions
- Base case
- The middle scenario in a model. In Part VI it assumes M2 grows 5.5% a year, alongside bear (4%) and bull (7%+) cases.
- M2-adjusted value 1.0 = break-even
- An asset’s growth divided by M2 growth over the same years. Above 1.0 it gained share of the money pool, below 1.0 it lost share.
- Diminishing returns
- As an asset gets larger, the same dollar gain becomes a smaller percentage. Part VI uses it to explain Bitcoin’s falling CAGR.
- Nominal vs real
- Nominal figures are the dollar amounts you see. Real figures adjust them for something else, which in this research is the growth in M2.
FAQ
Questions about price predictions
Answers drawn from the figures in our research. Educational only, not financial advice.
How were these price predictions made?
We started from June 2026 prices and the St. Louis Fed’s M2 series, projected M2 forward under three scenarios (4%, 5.5% and 7% or more a year) and applied the growth decay we had seen in the historical data, since large assets tend to grow more slowly in percentage terms as they get bigger. The base case uses 5.5%. It is a model, so it can be wrong in either direction, and that is why we published the bear and bull cases alongside it.
Which asset comes out best in the base case?
Bitcoin, with a projected 10x nominal rise to 2035 and about 6.2x after M2. Nvidia follows at 3.1x real, the Nasdaq at 1.7x, and Berkshire Hathaway and gold only just clear the hurdle at 1.6x and 1.5x. In the bear case, Bitcoin and Nvidia still stay ahead of the money supply in our model, although the margin narrows a lot.
Important information
Capital at risk. The value of investments can fall as well as rise and you may get back less than you invest. Past performance is not a reliable indicator of future results. Educational information only, not financial advice. Read our disclaimer.
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