Pre QE Prices---Wishful Thinking

A few Analyst companies seem to forget that Pre QE prices of Gold and Silver was when the National Debt was much much lower. I can`t find it reasonable to think anything different. Fundamentals of the debt level is a major factor of precious metals prices these days. I do think it is impractical to profess projections when not considering all the factors which they neglect to leave out. It is wishful thinking on their part and leaves plenty of room for skepticism.