GOLD 0.51% $1,391.7 gold futures

the coming collapse, page-6

  1. 11,173 Posts.
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    Thanks for the post, very troubling, but totally disagree with you about PM stocks, especially gold. If/when this collapse occurs, and it's likely in about 18 months IMO, say the price of gold goes from $2000 then to $5000 in a massive panic buying frenzy. Gold producers and even explorers will be worth 10 times more what they are at the time, some much more. They'll be making, or potentially making, money for jam.

    Their shares will rocket into orbit, as they did, relatively in the 1930s Great Depression. Theirs only a few possible games in town for the next few years amid the current and coming turmoil, and the best one, by a long shot, will be gold.

    Cheers
 
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