RE: Precious Metals.... Still a Good Bet...?!?
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This is really hard to accurately predict, because we don't know what is happening.
I figure/assume that there are three market moving sized thing happening that i have no clue about.
I believe that some people are moving to cash because war.
I believe the COMEX riggers are jumping on this and trying to push the market down.
I believe retail investors are spent.
That said, i know silver is going WAY up, because manufacturers who use silver, are going through contortions to line up future supply.
Soooo, will gold go up?
Most likely.
Will gold stay up? Not until the COMEX dies, and we have someone/some market/maybe blockchain keeping track of real sales and real movements of gold (and then off-track betting)
The thing is, there is scary future. Every scare, people run to gold.
But, there is also bitcoin. And other cryptos, that fear will move people into too.
In the farther future, i see gold reverting to the value of a pretty yellow metal.