Maybe gold still has legs.
But I will definately know when the game is up when my parents ring up and tell me that their financial adviser (from a very, very big bank) rings them up and tells them to invest in gold.
I have been in my parents ears simce they retired. A few years ago they got an adviser and I told them to ask about gold. He said: no. no, no. I keep telling my old man: yes, yes, yes.
We can't forget that there are people out there who will invest in gold without "getting it", without "understanding". These people will sell with as much understanding as buying. So whatever price gets to, without a doubt it will go the other way.
I am just trying to look for some precursors that the price is nearing a peak.
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