What a deflationish would argue is next for goldI remain firmly in the inflation camp so what is my explanation of a lack luster gold price?Why would I buy gold when the stock market is on a rampage? I can get 20%-50% and more in days, weeks or months. Gold will be lucky to go up 50% by even the end of next year. Gold is too slow.
Gold means nothing to the younger generation in the developed world. Only old people, many of whom remember precious metals in their currencies, care about gold. They buy gold, the young don’t.
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