When are you hopping back on the GOLD and SILVER buying train ?

I'm agnostic on rooting for it to go higher or lower. If it goes higher, my small holdings appreciate....if it falls, when I have more $$$, I'll be able to buy more.

A rapid rise like we saw in gold (doubling in a year) and silver (quadrupling in a year) deters buying more than a slow, gradual rise.

I thought we could hit $5,000 by 2030 and was too conservative. I think $7,500 is feasible by then and $10,000 by 2035 (aggressive) or 2040 (slow rise).

Support ? I'd be surprised if gold broke $3,500...so far, $4,500 looks like a place to accumulate.

Regardless of what gold does...don't let it matter. If it goes down, as long as you aren't using borrowed $$$ or have too much of your total assets in PMs, you'll be fine.

I always ask my financial clients "if what you just bought went down 50% would it change your life ?"

If the answer is NO...then don't worry.

 

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Yeah I won't buy silver until the coin shops start buying again and the price goes down, maybe below $90, we'll see. As far as gold goes, I never really stopped buying, I just buy smaller and spend less as I don't have the funds like I did a few years ago.

 

Isn't it below $80, at least futures ?