Do you think we'll have another gold frenzy anytime soon? By soon, that means within the next 20 years? You never know if anyone cares or not. This thread is only created for discussion, nothing more and nothing less. Good to see the stock people here!
Here's a chart of Gold prices for the past 100 years. It has peaks and valleys which still can't predict the future. IMO I think we will have another surge within the next 20 years. If I was that sure of it I'd start buying now which I'm not doing. I see more talk of rising Silver prices. https://www.macrotrends.net/1333/historical-gold-prices-100-year-chart
Diversification is the key to any good investment portfolio, as with stocks PM,s can have the same issues, its always a good idea to own equal Amounts of Gold, Palladium, Platinum and silver.
I was fortunate and purchased the bulk of my gold in the 1990’s. When gold spiked at 1800 I felt like the as savvy as King Midas.... Still have that gold and more. I’ll never sell it. It will be my kids and grandkids to sell..... But yeah, I would love to see it spike again just for the feel good factor. Though there is no way on earth to know when/if that may ever happen again.
Yeah, I hope we have another gold frenzy within the next 20 years but you never know. Unfortunately, you just don't.