Gold at $2k/oz by this time next year?
Personally, I don’t think the metals do anything whatsoever of interest. And I own some, lots more phys silver than gold. And I very often trade some of the stocks/instruments. But I could not be more neutral on PMs. Honestly, I think they do absolutely flaming nothing for ....a long time. Years. I’m neither a seller nor a buyer, what I own I consider dead money and fortunately I don’t much need it.
I *do* think one can trade NUGT and DUST fairly easily and make money. I don’t think that one can trade the metals economically because the movements will be so small that they can’t overcome the punitive spreads on the phys. If you or someone wants to own the phys, by all means, buy whatever makes you happy or serves your sense of the end of the world. But I don’t think anyone can make money on the phys unless they work in huge qtys or trade futures or etfs.
That’s my .02