Post by
godisgr81 on Oct 18, 2023 10:35am
Gold Price
So many times, I hear talking heads predicting that gold is headed for $2100, $2500, and $3,000.
We never hit these levels and until I see it, it's nothing but hot air. So many BS coming from these experts. Even with massive money printing and now inflation but the price is still nowhere near the talking head prices. The whole PM sector is here to suck in and spit out the dumb money.
Comment by
georgemarch on Oct 18, 2023 12:03pm
Best arguement for me that gold can easily can get to 2100-2300 range in 2024 is the gold price(US) vs house prices (US) . Take a look at the Gold vs. the Case-Shiller Home Price Index.
Comment by
greendayyyy on Oct 18, 2023 2:35pm
The problem isn't the price of gold, but investors who aren't interested in buying gold-silver mining stocks. Look at the outflows over the last few months in gold ETFs and paper gold and you've got the answer.