price of goldFor as long as I can remember, and I'm not a spring chicken anymore, the pumpers have been
predicting that the price of gold is going to the moon. They use their various charts to support their view that this time it's for real. The gullible get sucked in and lose their money and the pumpers walk off to the bank laughing. And the cycle repeats. When the world went off the gold standard gold became another commodity to trade. $5000 gold? $10000 gold? Really? In whose lifetime?
Certainly not mine and I would think not anyone on this board. But, you know, it's alright to throw around ideas and theories, just don't lose sight of the fact that they are just theories not fact. And, most certainly, don't bet your money on them.