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All Forums Category: General Numismatic Forums Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum

Gold Bullion Sure Thing!

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coin rejector
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 Posted 05/13/2022  2:50 pm  Show Profile   Bookmark this reply Add coin rejector to your friends list Get a Link to this Reply
In the early 2000's the DJIA was around 10,500 & Gold was in the mid $200's. Today, the DJIA is 32,000 & Gold is around $1,800. In regards to investments.... Gold/bullion have outperformed the stock market.

The last time we saw an inflationary environment (very similar to what we're seeing today) was the '70's. What did gold do then? History has a way of repeating itself.

The Nasdaq is down -25%, some individual nasdaq stocks are down -50 to 90%, housing is starting to crack.... I believe we're in for a double whammy, a combo of the dot.com & housing crash & when both markets get crushed, IMO, gold/silver will be the safe havens.

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All Forums Category: General Numismatic Forums Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum



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