$GOLD
Added 2023-01-02 15:45:12 +0000 UTCWe have spoke about this before, what may help Gold decline in this manner, will there be a safer or better store of value in the next 10 years? it's possible, Bitcoin advocates believe it will be Bitcoin.
Comments
will do
Gareth Neary
2023-02-08 22:04:26 +0000 UTCIll update this Jeff 👌
Gareth Neary
2023-02-07 23:53:44 +0000 UTCAny updates on Gold?
Jeff Akrawin
2023-02-07 19:29:25 +0000 UTCWe’ll I agree with stocks being undervalued, I think there are lots of great businesses trading at 6-10 PE which can and will get cheaper by valuations. I agree but I do not see gold dropping by almost 50% in a few years.
Sid
2023-01-02 16:01:47 +0000 UTCSo you need to look at trends here and rejection points...it has been on a downward trajectory since early 2020 and got rejected attempting to go above previous high at the start of 2022 and failed, and then fell heavily as it got rejected. These are not positive signs....same with Bonds, normally a good store of value when the stock market has declined but we saw Bonds decline in line with stocks. Can it go to new highs in 2023? yes of course but it is not likely. I do not recommend taking this gamble when you will have many opportunities to buy stocks that will be undervalued.
Gareth Neary
2023-01-02 15:53:27 +0000 UTCI do not believe this is the case for GOLD. I think gold will see way higher prices in 2023/2024 with the reckless money printing and inflation staying high/ rates staying high. Gold will continue to climb.
Sid
2023-01-02 15:47:19 +0000 UTC
