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"I think gold is more likely to see $500 an ounce in the next decade than $5000 an ounce." As true as this probably is, it actually highlights the fact that th
by revolvingcur 15y ago
"I think gold is more likely to see $500 an ounce in the next decade than $5000 an ounce."
As true as this probably is, it actually highlights the fact that there is money to be made by playing the precious metal markets. This article seems to be written from the perspective of the long-term investor, but plently of us have been trading gold for the last several years and making a killing. It helps the argument to clarify what timeline you're operating on, since a crash may be irrelevant if you can read the harbingers.