i think the problemw ith saying something like “gold shouldve crashed to $600 u.s. or “it will be $2,000” is that those dollar figures are not very stable entities. T be so confident in future performance of anything, you have to be pretty damned confident about the currency. Anyone that confident about the u.s. dollar has cojones, imo. it could remain stable quite a while longer, longer than anyone expects, or it could be unraveling as we speak. gold going to 2,000 might mean a fall int he price of gold if we adjust our decimal points in some sort of currency makeover. numbers don’t mean much. Since all my investment decisions are invariably wrong, it’s just astonishing to me that ive made money lately on gold silver and even oil.
