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Pretoninus II
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FOUNDER
Hello ! What is your sentiment on gold ?
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(Edited)
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Second that
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I think M2 money supply needs to be an input into the decision with respect to gold. Even in the short term next 2 year, I would find it hard to see spot gold under 3500. 3+ years out looks like gold will again beat SPY. When you take premiums for physical gold over paper into account, the gold really looks like it will beat the market.
I charted M2 and overlayed the paper gold price and SPY.
I do not know what the future will be. We will see.
I charted M2 and overlayed the paper gold price and SPY.
I do not know what the future will be. We will see.
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