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<p>[QUOTE=&quot;GoldFinger1969, post: 24867896, member: 73489&quot;]Your post was excellent.&nbsp; I would add the following:</p><ul> <li>Gold historically has lagged stocks AND bonds because <b>it doesn&#039;t have a dividend or interest component.</b></li> </ul><p> <ul> <li><b>Only when one times the gold market </b>or if one was lucky to buy a large amount before a huge, multi-year run-up (i.e., 1972, 1985, 1999, 2002, 2015) can one make decent $$$.</li> </ul><p> <ul> <li><b><span style="color: #ff0000">When using ROLLING TIME PERIODS </span></b>-- which eliminates timing bias -- gold does horribly compared to stocks, bonds, and even real estate over longer time periods.</li> </ul><p> <ul> <li><b>Even for trophy coins purchased at advantageous times the returns rarely exceed 10%. </b> For many famous coins -- i.e., the 1933 Saint-Gaudens Double Eagle -- returns are mid-single digits for capital appreciation only.&nbsp; The Bass Proof Double Eagle (recently sold) is one coin that generated a stock-competitive return of 12% during the holding period.</li> </ul><p> <ul> <li>If one is buying gold for disaster insurance, <b>best to hold the actual metal rather than a paper ETF, even one in which the gold is custodian held.</b>&nbsp; In addition, at least to those reading this post here, presumably you have an interest in coins...<i>so why wouldn&#039;t you at least hold the metal in coin form, whether bullion, numismatic, or a combination of both ?</i></li> </ul><p></p><p><b><i>That said....I do think structural demand and supply issues are both leaning positively for the rest of the decade.&nbsp; </i></b>I think that gold can make a run at $3,000 by 2030 and maybe even more by 2035.&nbsp; Central bank, SWF, and other institutional and retail buying should support gold.&nbsp; </p><p><br /></p><p><b>Check out the increase in gold historically from 1 large country (India, see attached) and now add millions each year joining the ranks of the middle class in this 1 country alone. </b> That is lots more retail demand and more central bank and other buying to support that boost.&nbsp; India right now is buying 800 tons per year...a huge increase from earlier in the century and DOUBLE what it was just over 20 years ago.&nbsp; Add in 6-8% GDP growth (?) for a decade and you can imagine what formerly poor people might spend their dollars/rupees on.&nbsp; And I&#039;m not even mentioning the demonetization currency fiasco they implemented a few years ago.</p><p><br /></p><p><br /></p><p>[ATTACH=full]1595502[/ATTACH][/QUOTE]</p><p><br /></p>

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