Skol,
Im patiently waiting for Gold to reach its inflation adjusted all time highs in USD...couldnt care less if it takes 10 or 20 years.
As you stated in your post, Gold 'spiked' back in 1980. For the last 10 years there has been no spike or blow-off top in Gold, it's been steadily rising, one commentator I follow says it's in a 'stealth' bull market...and it is. It's quietly rising and being accumulated despite all the nay-sayers. If and when we get that spike to $2K, $3K or $5K then I'll look at selling out.
As I've said a few times before, the factors that have contributed to Gold rising from $250 to $1150 are still very much in place.
All the best.
SW
Cheers
SW
greece looks like hopeless case., page-22
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