I have a really weird, uneasy feeling about gold, which has had me holding ZERO gold since I dumped it all at $1150 back in about Nov, just after the $1200 peak.
I’m not talking about doubting that gold will eventually (5 year time frame) hit $3000, or even $5000 per ounce. That’s not in doubt.
I’m talking about a real chance that gold sees prices below $700 sometime during the next say 24 months. Then I back my truck up and load up like a gold glutton. This implies I kinda agree with some recent members posting about the coming next leg down in a continuing deflationary collapse.