To paraphrase Buffett’s investing ideology…buy things no one wants. The fact that gold has been down for 25 years makes it all the more interesting. The complete bearishness on gold right now makes me believe a move up is in the cards short term (2-3 months).
I believe all commodities will run for another 20 years. At that time there will be guys like noone saying “well the dow’s been down for 20 years…”
Gold is no ones liability. Think about that in this debt based, asset inflated world.
