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Goldie – Pento

Posted by Buygold @ 11:12 on December 10, 2024  

I didn’t watch the video posted a few days ago. I’m guessing he probably doesn’t have physical, some ETF or other derivative?

Regardless, he’s probably right to sell. Inflation isn’t going down, neither is the dollar or rates. Trump will get oil going and that will help some but it will take a while. The metals certainly don’t seem to be in any danger of running away to the upside and there are plenty of investments that have way outperformed pm’s. Gold is up 35% over the last 14 years. Pretty sure cash has been better. I hope he picks the right spot to get back in.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.