Gold is Taking a Beating Today!

I'll buy when gold is under 2K again.

 

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$4344

 

I wouldn't be surprised to see it happen, but I'll probably start buying before then.

 

Is it splitting 2-for-1 ?

 

I would be shocked if it went under $2,000. But I would easily buy 5-6 coins at that price if not 10-20.

 

I think that ship sailed a couple of years ago to never return to port.

 

2K Euros ?

I agree...but if you use the 65% drop from the $800 oft-quoted 1980 price to the $280 low (20 years later) that would equate to a drop of about $1,950.

That price rise was faster and more parabolic, IMO....I can't see gold dropping that far unless CBs become major sellers.