In the big picture, though, all this talk about where gold might go in the short term is just for fun. It’s clear that sooner or later we’ll be looking in the rear-view mirror at a $2,000 gold price. And even that level is well short of any inflation-adjusted price.
The ocean barge of inflation hasn’t hit our beach yet – but it’s been spotted offshore. Buy gold and silver – along with their stocks – because higher prices are ahead, regardless of what they do in any given month.
And because if you don’t own enough gold, it is definitely your season.
[Gold stocks have historically outperformed gold by 3 to 1, but right now they’re seriously underperforming the yellow metal – a situation that’s long overdue to correct.
No comments:
Post a Comment