we're in the 4th inning, perhaps bottom of the 4th. Commodity bull markets historically last 15 to 20 years. the last one went from the mid 60's to the early 80's and went alot farther than anyone expected. I will sell gold when mainstreet jumps in and we are a long way from that. Lines at banks to buy coins would be just the kind of thing to kill the bull. The banks haven't even started advertising this but they will when the pain of financial asset losses and inflation become too great.
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we're in the 4th inning, perhaps bottom of the 4th. Commodity bull markets historically last 15 to 20 years. the last one went from the mid 60's to the early 80's and went alot farther than anyone expected. I will sell gold when mainstreet jumps in and we are a long way from that. Lines at banks to buy coins would be just the kind of thing to kill the bull. The banks haven't even started advertising this but they will when the pain of financial asset losses and inflation become too great.
Jun 30 08:33 am
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All Comments by Hieronymus »Why I'm Still Holding Onto Gold [View article]