Grass Ranger

Is it a Good Time to Sell Gold Yet?

The chances of gold going back to 275 in the future are about the same as the chances that gold would return to $35 after the run up to 850 in 1980. The steady increase of dollars in circulation in the future, in comparison to the miniscule increase in the gold supply, will guarantee the price never returns to 275. The last time the IMF sold large amounts of gold coincides with the beginning of the greatest increases in gold prices in the 1970s.