When Gerald is wrong no-one remembers. When Gerald is right no-one forgets. His calls on PMs have been the same for quite a few years now. Once the line is solidly above $1400 then the next stop is over $2000. This graphic from Jim Sinclair tells the basic story (interestingly Sinclair claims his is not rocket science, that he was "told" about the 80's top that he's famous for calling, and the same voices "told" him the golden angel story. https://www.jsmineset.com/2012/02/21/the-golden-angels/ I just wish I was this sceptical in 2012 and had a bit more faith in the lengths to which "the powers" would go to preserve the status quo!
He keeps repeating himself endlessly and merely a grain of what he says has anything new or original in it. Ironically, he keeps criticizing others for repeating themselves and calling them "papagallo", but all he does is to repeat his exact sentences over and over and over again... I don't know how he can keep up with the repetition for years even... and still get invited to interviews. Papagallo! No-one can claim they know the price of any asset for 2018, not with accuracy. But if cryptos crash, then many will turn to gold. It's better for wealth-preservation.
^ Forgive me for spoiling your dreams, mate, but I don't think gold will reach Bitcoin's proportions of growth (from cents to over 10 thousand is a very long way to go). If that could happen (dream), an oz of gold would cost more than a million bucks.
The facts are..."just history"...History is your friend and time is your dilation. A 2013 Chinese pictograph Koala is still a bloody great coin to own.
If gold takes off like Bitcoin I don’t think that I would like having to live through whatever the event was that caused it to do so.
^ There could be a local event somewhere in the World, but somehow not affect you/him. One could potentially get rich with PM's during a cataclysmic event... but in an odd way, that wasn't the case with Venezuela. Gold's price only went up 400+ % (price difference between 2010 and now), which is way below inflation level... imagine that. So, gold will not necessarily help if hyperinflation occurs. It's terrible to watch Venezuela's example. But in Argentina's case (there was no gold price crash!): it went up from 3,700 Argentine Pesos (in 2010) to 26,400 Argentine Pesos (in early 2018). That's 7 times the price! Gold can double, quadruple, potentially reach even 10 times its price. We saw similar growth in US dollars as well.
