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<p>[QUOTE=&quot;GoldFinger1969, post: 26492539, member: 73489&quot;]I think the former.</p><p><br /></p><p><b>COULD it be the top is in ?&nbsp; Sure, I&#039;m smart enough to know I&#039;m not smart enough to predict this perfectly.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />&nbsp; </b>But if CBs are still buying and institutions are still buying and if gold has weathered $2 trillion going into crypto (even if 5-10% only went to gold, that&#039;s $100-$200 billion !! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie100" alt=":wideyed:" unselectable="on" unselectable="on" />)...we should go higher, but not at the rate of the last 3-4 months.</p><p><br /></p><p>As I posted elswhere, <b>gold is up just under 4x in 10 years or 3x in 6 years.</b>&nbsp; It was up<b> 6x in 9 years (2002-11)</b> and <b>20x in 9 years (1971-80)</b>.&nbsp; <span style="color: #ff0000"><b>THOSE are bubbles !!</b></span> <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /> </p><p><br /></p><p><b>So gold is up 15% CAGR or 20% CAGR in the recent runup, depending on when you start.&nbsp; </b>It was up 22% CAGR and 42% in the other up-moves (even if you use $600 as the 1979 peak it&#039;s still 37% CAGR).</p><p><br /></p><p>A very nice move....maybe even a top (I doubt it).&nbsp; But no way a &quot;bubble&quot; compared to previous asset bubbles or even gold &quot;bubble-like&quot; moves with much higher CAGRs over similar/longer time periods.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie33" alt=":cigar:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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