about gold: optimistically

I think, what is noticeable on the blog, that I'm not a fan of 'investments" in gold. however, friends often overestimate my negative view. I just think, that there are more interesting ways to make money at all time intervals. and especially not a supporter: buy gold and all your problems will be solved, wine-wine-wines and other.

and very few people know, that when I was asked about my view before breaking 1000, I used to talk for a long time about how I don't like gold (quite sincerely) and added, that once punches, then the trade is obvious. but the funniest thing was later, when people were interested in targets. and it was so 1100 at the momentum, if you're lucky, then you can continue. 1500, if after a good rollback we will punch high. and if boring, then 2500 (here the eyes of the interlocutor usually expanded, pier, what about all the negativity??)). so, that not everything is so simple and it is not necessary to divide everything into black and white.

so a bit of positivity from which follows, that to implement the golden beetle scenario, you need to update the maximum in real terms. maximum 20 centuries of course. ol time high of the middle of the last millennium will forever remain so.



SG as always beautiful, with sad irony, about that, what: Oh, and gold is "cheap" …

  history: longrun stocks and bonds
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