Gold is in a long term bull mode, it has almost been a decade now, that make many of us bullish, even at times when a correction is due.
That is why i call upon old players like Bemac, Suntrader and other respected members to come forward and put a brake to us.
I personally keep a bird's eye view, that don't let me go into the deep, i keep on reminding myself that gold was $400 just a few years back
As of now, 4x of $400 is fair to me, and 4x of $7 for silver, because again i repeat myself that precious metals are going through a correction of decades if you check the 100+ year history.
Check other commodities history and compare them to Gold and Silver, so that it all makes sense to you
That is why i call upon old players like Bemac, Suntrader and other respected members to come forward and put a brake to us.
I personally keep a bird's eye view, that don't let me go into the deep, i keep on reminding myself that gold was $400 just a few years back
As of now, 4x of $400 is fair to me, and 4x of $7 for silver, because again i repeat myself that precious metals are going through a correction of decades if you check the 100+ year history.
Check other commodities history and compare them to Gold and Silver, so that it all makes sense to you