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RE: We Need To Talk

in Silver Gold Stackers3 years ago (edited)

Difficult one to call, as I don't really follow silver, but I do follow gold which has behaved as I would expext in recent months of uncertainty.

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If inflation continues, the war in Ukraine prolongs and the world economy stutters a bit I'd expect gold to stay in the €1700 to 1850 range and if we get bullish in equity markets again, the money will flow back out of gold and we might see a normalisation to a bottom of around €1600. If history tells us anything, it is that gold always incraeses in value over time. So we may even see gold approach and pass €2000 per ounce depending on what the world economy and macro climate does...

Silver I have no clue!!! Looks like an erratic graph which I have no opinion on

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