GOLD 0.51% $1,391.7 gold futures

why would you buy bullion at this point in the cycle.There is...

  1. 1,218 Posts.
    why would you buy bullion at this point in the cycle.
    There is not doubt it is going up but as an investment you need to do the math.
    $10,000 invested in gold at $1750
    vs
    $10,000 invested in a well regarded explorer penny stock.

    Gold rockets to $3500 an ounce. Way above most expectations.
    Even penny stocks catch this wave as people pile in wanting exposure. Expect a 2c stock to rocket to 20cents in this scenario.

    Your bullion investor has struck gold and his investment has doubled returning $10,000 profit when he sells out.

    Your equity investor cleaned up with a 900% return of $90,000

    Why would you buy bullion this late in the game?
 
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