i was asked if i thought the price of gold might be bubblelicious right now
here was my answer
go to kitco.com
scroll down till you see the graph of one year gold on the right side
click just below that, on the 5 year graph link
check out the slope and decide ,
given what you know about inflation 3 or 4 years ago
and present destruction of the US dollar
whether or not things look frothy
then ask yourself why india and china are accumulating gold
and what the end of us dollar hegemony might mean
finally... to help you decide
flip a coin...
preferable a gold coin if you have one...... Smile
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