I have almost no gold unfortunately, and I think it may be too late.
it was $300 when I bought a bunch, then I sold it when it went to $1200 and never bought more
I wonder where Silver will end up, last 2x it hit $50 it dropped like a rock, I hope this time it is different
Gold is going to go a lot higher.
The reason is that the central banks are now big buyers of gold.
Silver will re-test $50 for a third time and blow right through it.
Sinlver has done terrible. I remember the Obama first term it was about 48 an ounce. Considering the inflation from 2009 to now and it is only 40 an ounce it hasn’t even been a hedge against inflation.