That’s the gamble I guess. Some time back, years back, there was talk that gold could have a rough 50% hair cut, before resuming its bull market. Maybe that is what these 2 past years was?
Question is where to now? 1000 as some have suggested? Or up from here? Problem is in the performance. A gambler would buy now, but someone more conservative would wait for certain thresholds (like 1400) to be taken out on the upside.
When China pushes go, the dollar will fall so far so fast That gold, in dollars, could go to $5000 or $6000 in a short period.
The same could happen with all other markets, ending up in six figures.
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