“My opinion, gold is probably not overpriced.”
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Gold is never overpriced. - Gold has always been comparatively slow to move, and is a snapshot of the times, regardless of what it may be doing.
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speculative forces have a way of distorting things. It wasn’t clear if the $1200/oz was speculation or inflation or both. The question is, is it worth it to buy right now at around 1200/oz? That’s the million dollar question.