Honestly, I don't really care where gold goes so long as AUY goes higher. I think someone needs to put a bullet in the dollar before anything rallies though.
With the physical I own, I know my purchasing power will stay the same til the end of time, regardless of the dollar value you put on it. However, if you have debt, which must be paid in dollars, gold dropping in dollar terms obviously aint good.
I wouldn't mind owning more physical myself. But selling mining stocks at a loss coupled with trying to find bullion coin which currently enjoys such a huge premium discourages me from trading stock for physical. Just have to wait for dollar's decline.
I am interested in buying the physical gold...maybe as much as 40-50K worth. Any ideas on the best way to go about this ? I am currently DD'ing the possibilities, but am getting a myriad of different ideas on the "best way". Any thoughts ? You seem to be one of the more sane posters here. TIA