Home > Best assets to buy, Miscellaneous Musings, Predictions > Here goes gold – again

Here goes gold – again

Remember all the stories about gold collapsing, gold being a bad investment, gold not being in demand, gold’s bubble?

When, just as gold is spiking up again, do you hear anything about the gold spike, about gold being back in favour, about gold’s rise?

Not a single word.  Silence.  Despite it being better than stocks, than US dollars, than basically anything over the last few months.

I suspect the banking establishment is dragging down India to shake it free of its gold.  The collapse of the rupee will not shake gold from their grip.  If anything it will increase demand as an alternative safe currency.

We are getting close to the time when there are no weak hands to shake gold free.  Then we really will see fireworks in gold.

Advertisements
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: