gold, page-71593

Opinions, opinions....

Where you are correct is that unless your name is Eric Sprott then indeed it would be dangerous to over expose to gold. It should be used as a hedge inside a wider portfolio.

i have a different view of the direction of gold. I believe the trillions to date and to come will erode the value of money further which will inevitably flow to higher gold prices. The gold price has often in the past followed total US debt, I think that correlation will be maintained.

Anyway one of us is right and the other wrong, we just don’t know who yet.

Disclosure long GDX