Now that the ware R-UA will be ending soon.. will the CB's still be buying up gold ? I don't like to waste money investing in gold!!
Not when NVDA has increased 350% in a year and TSLA 35% in a week.
I've said that gold could hit $5,000 by 2035. Could happen sooner....or never. Who knows ?
It's why I say that gold is a SPECULATION and not an INVESTMENT.
If you read the AEP Telegraph article, gold has been rising alongside other indicators that should -- in the past -- be a major NEGATIVE for the price of gold. But it's gone up regardless.
@GoldFinger1969 said: I've said that gold could hit $5,000 by 2035. Could happen sooner....or never. Who knows ?
It's why I say that gold is a SPECULATION and not an INVESTMENT.
If you read the AEP Telegraph article, gold has been rising alongside other indicators that should -- in the past -- be a major NEGATIVE for the price of gold. But it's gone up regardless.
There are better speculative plays than gold. BTC is one, I prefer ETH.
There are no better hard, in hand hedges against the dollar than physical gold. If you have full faith in the currency and its manipulators then stack dollars.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Comments
Now that the ware R-UA will be ending soon.. will the CB's still be buying up gold ? I don't like to waste money investing in gold!!
Not when NVDA has increased 350% in a year and TSLA 35% in a week.
I've said that gold could hit $5,000 by 2035. Could happen sooner....or never. Who knows ?
It's why I say that gold is a SPECULATION and not an INVESTMENT.
If you read the AEP Telegraph article, gold has been rising alongside other indicators that should -- in the past -- be a major NEGATIVE for the price of gold. But it's gone up regardless.
There are better speculative plays than gold. BTC is one, I prefer ETH.
There are no better hard, in hand hedges against the dollar than physical gold. If you have full faith in the currency and its manipulators then stack dollars.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey