Eventually western governments will run out of gold since most are flowing into China, India and Russia. Currently the price is lower than all-in cost of producing gold and especially silver. There is no more room to drop, otherwise mines will shut down and there is no more silver available. Governments have to empty their vaults for gold. Then what, price will shot up many fold.
My cost is low so I will hold for now. My other holdings are mostly real estate and dividend paying large companies.
My cost is low so I will hold for now. My other holdings are mostly real estate and dividend paying large companies.