the price of gold is now ready-to-jumping like a compressed spring

in #gold9 years ago

fact 1 : Paper-gold market has been rigged and manipulated.. and Deutsche Bank confessed it.
fact 2 : Many paper-money systems are in a mess. Debt has exploded. Governments are printing money, money, money, and so money

Many central banks planners will be overrun to buy gold. oh now they do.
The economy is now on the edge of collapse. believe it or not :)

Sort:  

I have thought this for years. The market can remain irrational longer than you can remain solvent. The end of the world is always 6 months away. Gold should be part of any balanced portfolio, but never go all in on a rigged market.

Silver will outperform gold short/mid term.

I agree. Gold/silver ratio is pretty high at the moment as you can see from this chart. No guarantee that ratios must align with historical averages, but we have many decades of gold/silver prices to make predictions from. I own both as part of a balanced portfolio (as dan recommended above) but have added more silver this past six months.

Coin Marketplace

STEEM 0.27
TRX 0.26
JST 0.039
BTC 94318.75
ETH 3339.82
USDT 1.00
SBD 3.45