Are you serious? Gold is the ultimate ponzi scheme. Let me explain it to you.
GOLD does not pay a dividend nor does it have any industrial value. Therefore, the only way it can go up in value is if somebody is willing to pay more for it than you. Eventually, we will hit a point where nobody is willing to pay any more for it than the last person. At this point, the speculators will run for the exit at the same time leading to a crash.
BY DEFINITION, this gold bear market is a ponzi scheme. Please refute this post.
Gold does have industrial value dentistry for one,you call it a gold bear market?the price has been going up for ten years and will not go way down until the world leaders quite printing money that is not backed by gold.Hitting new highs daily and you think it's all of a sudden going to start tanking. Somethings wrong with you're thinking,you should change that strong sell to a buy.