Sharing Knowledge in Smallcaps

[timhyma]

lol- The headline: GOLD to above $5,000 an ounce by basic fundamental

Yet, the whole article talks about the technicals.


Here is my take-
Gold hasn't been linked to the dollar, or other fiat currencies for a LONG time. So, the argument about a weak dollar is the reason to throw your cash at gold is bunk, imo.

No other currency is going to go to the gold standard to destroy the dollar- so, unless the world ends as we know it, I don't see the metal as a long term investment. Trade it, don't fall in love with it, jmho. If the world ends as we know it- gold isn't going to save you. Invest in learning to provide for yourself and those around you, since the world will go to a feudal system- you better know how to care for yourself and loved ones- the governements of the current system will be gone.

So, imo, the world will continue, with the flawed system we have, long after we are gone (as it has since man starting thinking). The best we can do is live by the golden rule, and hope our name isn't tarnished by future generations as the ones who F'ed up the process. I know I will meet my Maker, and be able to say- I tried my best to follow the path laid before me by Him.