Gold has always been very volatile.
The fact that it doesn`t get consumed the same way that oil does is a big contributor.All the gold ever produced is still available.
Maybe if the banks start to buy it up again,different story.
I`m as keen as anyone to jump on the bandwagon...but i still have memories of what it did late 70`(got to $850/oz) and took 28 years to get back to that high...
Maybe onshore oil/gas explorers and Uranium are a better bet??
I`m not touching gold until the inevitable POG plunge occurs.
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