Dave R, this is not really telling us anything we don't already...

  1. 470 Posts.
    Dave R, this is not really telling us anything we don't already know.

    Arguments regarding gold as a currency have been exercised, for and against ad-nauseam. It seems either one is a believer or not. However when you say gold will go up over the next few years you are simply pointing to the fact that gold is now in a technical bull phase and has been for some time. Anyone who can read a chart will tell you this. They will also tell you that after a bull phase comes a bear phase.

    So your comments about gold are merely reiterating what is obvious. Not really being critical of you as I do the same myself but just pointing out that gold can do well for its investors irrespective of what your belief is about its intrinsic value.

    AnnaP
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.