Gold looking very bouyant

[foolsgold]

I remember when Jim Sinclair was calling for gold to hit $1650. Things seem crazy today. Will it take a breather after breeching $4000?

 

[Fatrat]

This should be fun, hang on....

 

[Goldhedge]

 

[68camaro]

An oldie but a goodie from Jim Sinclair, RIP, who died 2 years ago today.

 

[searcher]

I believe it has hit 4K today.

 

[SilverStacker]

I remember when Jim Sinclair was calling for gold to hit $1650. Things seem crazy today. Will it take a breather after breeching $4000?

Why would it as fiat currencys go more and more down the crapper ?

 

[nickndfl]

$4k overnights. Looks like we are in foe a huge day on Wednesday.

 

[SilverStacker]

$4,036.26 gold

 

[Argentsum]

There's an old adage. Put 5% of your investments in gold and pray it never works.

Yeah, gold @ $4,000+ is nice, but when I take a look around, I don't like what I see.

 

[SilverStacker]

There's an old adage. Put 5% of your investments in gold and pray it never works.

Yeah, gold @ $4,000+ is nice, but when I take a look around, I don't like what I see.

No I dont either. Because if the conditions come where you have to use $4,000+ gold you'll probably be using it to buy a can of Alpo dog food for dinner the day after you were forced to roast the dog.

But all in all I'd rather have the gold then not.

 

[nickndfl]

Gold is a better investment than the S&P 500.