My gut instinct tells me that immediately after the debt ceiling debacle is settled gold will have a short lived rally and go nowhere or go down on the back of constant taper talk that may or may not eventually take place. I only see a major upside to gold if inflation starts showing up in official CPI figures or if the Fed attempts to taper, fails and has to go back to printing or if conflict in the middle east flares up again. Until then I'm hitting the snooze button or if gold falls that much that it is broadly considered undervalued at which point I'll start accumulating in small amounts.
in 20 years from now, which would you invest? - Gold - Silver - Stock Market Which do you think it can give you best gain?
property --->> poverty on the sofa -->on the street bench stocks... then PM? that is provided you managed to get out of stocks and able to get into PM there is exit doors and re-entry doors. since everything would be "SHUT DOWN" me afraid you can get through any doors for any matters. its the biggest risk of all, no door!!!
as if you see the chart prediction on the first page of this thread, profitimes believes on years 2025, the chart is going vertical. If the prediction is true, i believe everything go bullish on that time.... everything! so which would you choose to invest in 20 years? which do you think could give you the highest gain? gold, silver, stock market, property or foreign currency? pick one
That is pure speculation, a complete fantasy. It could be that. Or something else. Sure it's nice to dream about it, but that does not make it anyotr likely!
"If Gold did head for $10,000+, governments all over the world would find it too tempting not to steal." Fixed it for you.