Quote:
Originally Posted by SomeCreep
oh man, this is exactly the type of thinking that destroys retail investors. My advice, if you have profits in gold, get out now while the gettin's good. |
Exactly...... when you start hearing this kind of talk on a porn message board, the time to exit is now. Seriously though, I have a feeling that big gains for gold are coming to an end over the next two years but I can see at least some price growth year on year for a while to come simply because of increasing demand from emerging markets which is likely to be huge in coming years.
Especially when traditional buyers (India) and new buyers (China) switch to a more consumption oriented economy. Once their currencies strengthen, so will their purchasing power and gold has to be up there somewhere.