There's another thread on gold right now but it's a little cluttered, so I wanted to start clean...
From what I've heard so far, most of you seem to be of the opinion that gold has kind of reached it's peak. It's killing me, because I can see it both ways. I do real estate. With property I can pull the trigger because I know the vehicle. With gold, I have a mentor that's got me looking at it, and now I'm trying to broaden my scope a bit but have gotten all confused. He's convinced me that by looking at the dow:gold ratio, you can plainly see that gold may very well have a lot of growth left. Also, people said that gold was crazy high when it was 350. So what gives?
Any thoughts/criticism are appreciated.
From what I've heard so far, most of you seem to be of the opinion that gold has kind of reached it's peak. It's killing me, because I can see it both ways. I do real estate. With property I can pull the trigger because I know the vehicle. With gold, I have a mentor that's got me looking at it, and now I'm trying to broaden my scope a bit but have gotten all confused. He's convinced me that by looking at the dow:gold ratio, you can plainly see that gold may very well have a lot of growth left. Also, people said that gold was crazy high when it was 350. So what gives?
Any thoughts/criticism are appreciated.
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