I bought heavily in 2004 and it is nearly double, based on recommendations from my broker. I could care less about 1980. (I just want the brokers here to tell me when to sell, My broker is saying wait)
My broker friends are telling me to dump China related stocks and are scaling back foreign investments in portfolios by 10% or more. Haven’t heard sells for gold yet....for what that is worth.
I would wait, but don’t be surprised if gold gets knocked back down to near 700 in the next few weeks. That’s nothing. It’ll be over 1,000 next year, and will stay in four figures after that.