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Re: Congratulations to gold - New all time highs! $5600+!!!
Great artucle, thanks! Very good point. One can always find something that performed better, but the key part of any investment is the risk. What any investor should seek is assymtric risk/reward, an… (View Post)1 -
Re: Congratulations to gold - New all time highs! $5600+!!!
Only $3000 by 2030? Can't you see the chart is going parabolic? (View Post)1 -
Re: Congratulations to gold - New all time highs! $5600+!!!
You could make the argument that it has already failed. I'm not sure a doubling of gold price means failure of the US Dollar and demise of America though. That would be like $50k gold IMO. (View Post)3 -
Re: Congratulations to gold - New all time highs! $5600+!!!
Seems like it would be tempting. Here's a long term Monthly chart for Plat vs Gold. How much lower can it go? Betting on a trend reversal would just be guessing. (View Post)2 -
Re: Congratulations to gold - New all time highs! $5600+!!!
There's a big opportunity in Platinum. This long term (weekly chart) would indicate a breakout price target up near $3k. Could be another year before that happens, but it's going to happen. (View Post)2
