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<p>[QUOTE=&quot;GoldFinger1969, post: 2083153, member: 73489&quot;]<b><span style="color: #0000ff">Interesting chart, thanks !</span></b></p><p><br /></p><p>Not only is the pre-1971 data really not relevant, but even since then I&#039;m not sure you want to put all your eggs in one basket.</p><p><br /></p><p>Every year you have millions of new potential buyers of gold as more and more people achieve modest financial means.&nbsp; Many of these people live in countries where they or their ancestors have had all or virtually all of their savings confiscated by inflation, fiat, or devaluations.&nbsp; These are new buyers of gold in coming years or decades.&nbsp; I&#039;m not a Gold Bug, but I do know that even if a few people buy a few ounces of gold in the developing countries that is a few thousand tons of demand per year.</p><p><br /></p><p><b><span style="color: #ff0000">I agree to buy at $800 gold, but what if it never reaches that level ? </span></b> What if it hits it in 5 or 10 or 25 years ?&nbsp; I think you buy some gold at current levels and either buy periodically OR buy ever time it drops by a level you consider significant (i.e., $100 or 5% or whatever).</p><p><br /></p><p><b>You just can&#039;t set a potentially unreachable level.</b>&nbsp; Imagine the people saying they&#039;re gonna load up on certain stocks that were selling at 1/10th their current levels back in 2008-09. Great idea if it happens, but if it doesn&#039;t.......?[/QUOTE]</p><p><br /></p>

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