“retarded oracle”...isn’t THAT the soon to be dumped by his spouse Oracle GORE?
I’ve read recently several different articles that all suggest the fair price of gold is the cost to mine it. After that, it’s all speculation.
The current cost to mine gold is about $450 per oz.
I also remember well when oil was risiing and it hit the amazing hi in the $140+ per barrel, how Goldman Sachs came out and said it was going to $200 per barrel.
The very next day oil started dropping and it didn’t stop until it hit below $30/barrel.
I think that’s called “Pump & Dump”.