Quote:
Originally Posted by niltes that being said gold did become overpriced short-term due to rampant speculation, however if future inflation is anywhere close to what i expect then today's gold prices will look mighty cheap. |
maybe
but you need to be ahead of the curve, not behind it
gold speculators made their money by buying in early back in 07
but lots of talk the past few weeks about buying gold..unfortunately the market alreasy peaked, buying into stocks now is the best bet. fools are still chasing commodities at this point
this is the same cycle that people have been writing about for the past 100 years
somehow everyoine is still slow to recognize it