zinvestor,
"gold should be over $8000 an ounce"
But it's not though, have you ever wondered why?
Because you're living in a fantasy world of ultra-riches.
Dreams are free though.
I've just been reading an article on Iowa farmland. It's appreciating at 3% per month as punters seek shelter from monetary chaos, even as grain prices are at their lowest for a year and a bumper crop on the horizon. Auctioneers are warning of dire consequences, but they just have to own it.
Like gold.
Speculation is a contagious and herd-like phenomenon. During a frenzy demand is always over-estimated and supply under-estimated.
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