Hi all,
The morning after the day that was.
Although some seemed pretty non-plussed about it, I was pretty amazed.
So, not having a shot at anyone, just a query, if Andy and Ivan both think that this is due to undervalued gold and gold stocks, at what point does the bull stop?
At some point in time gold must become overvalued and the 'normality' returns to the market. I really can't see the world economies falling into the abyss, maybe running a downward course for a while(years) but if that happens, recessions, unemployment, unmanageable deflation/inflation ain't good for everyone and I can't retire yet!!
So a healthy retraction in gold for some consolidation would be nice to see I think, then onwards to $1400.
Thoughts?
srm777
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