Thanks for the analysis, @dollarvigilante.
My question is not whether gold is a good investment in a long term view. Obviously it is, and your posts give more than enough insights on it.
But is it now the best moment to enter from your perspective?
Here's the gold price chart for the last 10 years. Are we in the beginning of cycle that will give us another spike in the next 3-5 years?
It hasn't even started yet.
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So you say that the time to buy is now
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You have to make your own informed decision. Jeff's dollar vigilante service is very informative. We'll worth subscribing to the premium membership. The crap is about to hit the fan, big time........
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Check the global trends @dollarvigilane did, but also add your own data to make the decision. In my case I can see that China and Russia are buying tons after tons of gold, so it seems an interesting time to investing in this metal, and silver [just my humble opinion]
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As per @dollarvigilante, things have just begun. Jim Rickards and other experts are predicting $10,000 per oz. or more for gold (currently it's at $1340ish). That number's not pulled out of the air, but based on a mathematical calculation that would use gold to restore confidence in the monetary system. The current market price would be substantially higher were it not for manipulation of the gold market by the banking cartel (including central banks). But the pressure's about to get released, and once panic sets in there'd be gold bull mania.
Here's an article that puts things in perspective on how high things could go:
http://goldsilverintel.com/will-dow-go-100-gold-5000/
Another expert believes Jim's number is too low:
https://srsroccoreport.com/gold-will-explode-in-value-well-beyond-what-jim-rickards-forecasts/
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Buy land, they're not making it anymore.
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Yes they are... but still yes, as the Rothschild's say buy when there is blood in the streets, even if its your own
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I'm just gonna get some Mars land for free.
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Divide the amount of available gold by the amount of currency in circulation. Factoring in people will want dollars like they want a used piece of toilet paper.
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