as soon as one country decides to divest itself of its gold holdings.
If China decided to sell off 25% of its reserves, Gold prices would fall like a rock.
Much like chips, is it a supply and demand situation. Right now Gold is in demand as people are looking for investment alternatives.
Will gold reach the $2,000 level?... It very well could.
On the other hand it can just as easily fall back to $200 very quickly. It has happened before, and can happen again.
As with every investment, there is a risk involved.
Doug
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