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$4,000 Gold By 2023 ?
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<p>[QUOTE="GoldFinger1969, post: 5127314, member: 73489"]Well, it's 3 years.....a doubling is kind of rapid, but gold went up about 60% in the 4 years of the current administration so.....<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p>With interest rates so low, the opportunity cost of holding gold is nil.</p><p><br /></p><p><i>Remember the European debt crisis ?</i> Remember when Greece was on the precipice and Italy too.....eveyrone focused on the 7% 10-year bond level that demarcated trouble (Greece was closer to 15-20%).</p><p><br /></p><p><b><i>Now, both have bond yields under 1% !! </i></b><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie100" alt=":wideyed:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie100" alt=":wideyed:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 5127314, member: 73489"]Well, it's 3 years.....a doubling is kind of rapid, but gold went up about 60% in the 4 years of the current administration so.....:D With interest rates so low, the opportunity cost of holding gold is nil. [I]Remember the European debt crisis ?[/I] Remember when Greece was on the precipice and Italy too.....eveyrone focused on the 7% 10-year bond level that demarcated trouble (Greece was closer to 15-20%). [B][I]Now, both have bond yields under 1% !! [/I][/B]:wideyed::wideyed:[/QUOTE]
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