i somehow dont think that the worlds debt problems are solved , the up and coming bond market crash will be the next and catapult gold to new highs , i beleive long term 3000 dollars is a relistic target i have set myself that.
like i said a few weeks ago when interest rates start hitting 4 to 5 percent then maybe at that point gold may haved peaked .
central banks are buying not selling like some statements have come out .
my position is different to others though cos i buy at 10 to 15 percent lower than scrap price ,so my holding price is lowered with proffits ,so i will keep buying until i retire offically ,at the moment unoffically let call it gap year that has lasted five years and continuing he he
one has to research all the information on a wide spectrum as gold is same as shares and will be manipulated with press releases ,
one thing foresure the gold standard will return and gold will be the reserve currency
as on silver i see a huge rise to catch up with gold ratio
GLA azzurri
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