Quote:
Originally Posted by Brian Carlton
Yep.
Only a fool bets on gold..........totally unable to predict long term.
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Buying while the price is charging upwards is always scary. Ten years from now we'll be able to point to the day and the price where it peaked. Buying the day before that day would haunt one for life.
I'm not big on this business of using gold to hoard wealth. Leads to greater and greater pressure to use resources of ACTUAL value, such as water, in pursuit of extracting gold. Yes, I know that gold has value in electronics, etc. but we're way past that.