That's why gold is up 1% EVERY Day, outperforming S&P and Berkshire. Obviously, must be finished.
Tell you what my friend - do you know what a VATU is? Look it up - currency of an unknown island in the south pacific up 30% vs. the US dollar in one year. You think if a piece of shit like the VATU is up 30% the ultimate currency of ALL TIME, gold, is anywhere NEAR finished at only half of its inflation adjusted peak? Guess again.
LOL. You are aware that their is risk involved in holding long term bonds right? That comparison is completely meaningless. People were borrowing and spending more then their income. Now people are paying down that debt. That is all this increased savings rate means.
Have you noticed the cup and handle inside the cup and handle?
There is an 18 month cup an handle. There is also a three month cup and handle.
Have you noticed the 6 week pattern trading above 900?
Please send me your gold, at spot prices then. you just lose the comission. Deal?
Gold, in the SHORT term will move in tandem with the stock market, if market crashes then gold comes down.
In the MEDIUM to long term, when the US dollar starts devaluating seriously, due to the Chinese having found a home (copper mines, and other commodities) for their US$, then gold will skyrocket. At least 300% up from here, at some point within the next 3 years.