MFOHome About Commentary Discussions Funds The Best Resources Support Us!

Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Sign In Register

Categories

In this Discussion

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Gold is cheap; prices to hit $5,000 in medium-term, says economist

johnNjohnN
edited April 2020 in Other Investing
https://www.kitco.com/news/2020-04-07/Gold-is-undervalued-prices-to-hit-5-000-in-medium-term-says-economist.html

/Gold is cheap; prices to hit $5,000 in medium-term, says economist

Kitco News) - Gold prices could climb to $5,000 in a few years, this according to John Butler, author of "The Golden Revolution."/

Not sure if cheap or not in medium term, could be pure speculation. We are thinking increase our Commodities to ?! 4-5% in portfolio with GLD and VDE

Comments

  • WABACWABAC
    Could be a long wait. When it goes, it really goes. But I only give it one per cent. I got there by giving it three. ;-)
  • ronorono
    Howdy folks,

    The chances of this happening are pretty low. Is it possible? Sure. Right now, gold is at all time highs as expressed in every other currency in the world. This means that in dollar terms, gold is cheap. Indeed, the simple fact is that most every government in the world is printing money 24/7/365. Hell, the most secure job in the planet is a printing press operator at the mint. This should result in gold continuing to hit new highs.

    And so it goes

    Peace and Flatten the Curve

    Rono
Sign In or Register to comment.