The word "had" being the key here.Nothing new, you sell stocks,...

The word "had" being the key here.

Nothing new, you sell stocks, you downramp (even hope they go down to justify your decision).

If you believe the present price of gold is high my friend, allow Bomber to read you a little history lesson.

It was 23 years ago (yeah back in 1979) when the price of gold was as LOW as late last year.

1999 reached 339
1996 reched 423
1993 reached 443
1987 reached 459
1983 reached 468
1980 reached 873

Whilst we may argue that the 1980 price was way overcooked and not achievable, who knows in such unstable times with monetary currencies so falsely valued. The present price is well below half the all time high.

Saying that, those other levels are very much achievable.

Bomber