Hercules - My meaning is - as we pass through a period of inflation.
The market always anticipates, so buying gold as a hedge against inflation is occuring now and will continue until the powers that be decide that it is time to convert their wealth back into other forms of assets or currencies that will still preserve their capital and actually generate income with less risk.
So I would suspect that will be towards the tail end of an inflationary period but your guess would be as good as mine when that will be. My guess would be that it could be four years out still........probably towards the end of the next US Presidential term.
PRH Price at posting:
2.4¢ Sentiment: Hold Disclosure: Held
