RE:RE:Long term trend for gold is higher
Retiredgeo wrote: Central banks flooding the marketplace with liquidity created the stock market strength over the last 12 years. The end of Quantitative easing means these markets have peaked. Sustained inflation and rising interest rates herald a bear market. I don't think any of this has sunk in yet! I keep hearing "Buy the dip. Buy the dip"
The current silliness in the precious metals market aside I still think Gold and Silver will be the places to be in the 2020s.
We are definitely nearing all time highs for most equity markets. The party looks to be coming to an end. Could be one final blow off. Who knows. Gold usually does well in this part of the cycle as you see some of the enormous profits rotate into gold stocks. The gold sector is relatively small so it doesn't take a lot of capital to send share prices soaring with some of the better gold juniors such as NFG.