GOLD 0.51% $1,391.7 gold futures

gold, page-83856

  1. 810 Posts.
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    I see you throw this chart up a fair bit on here. I do agree that it is an accurate representation and many have seen this type of scenario happen before. One thing however..

    People have to remember with gold it took around 3 years to peak in 2011 after the last financial crisis in 2008. The only reason it fell away over the following 2-3 years post 2011 was because the world went back to normal and economies recovered.. there was no need to hold gold. Everyone just went back to their normal lives and bought whatever was trending at the time. Which wasn't gold.

    The world is really up shit creek this time and I can't see things going back to normal anytime soon. So I can't really see any logical reason for gold to dwindle away any time in the near future unless it is being manipulated. It hasn't even been a year! Remember again it took 3 years for gold to peak last time. You would have to be thick to not have some form of gold exposure in the times we live in..
 
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