RE: Gold Price17 Dec 2020 14:48
Peter Schiff, Rick Rule, money printing -- all good for gold - true, I agree, but I've been reading that stuff for 18 years. I'm a fan of Jim Sinclair, Egon von Greyerz, James Turk and others and from 2002 for 2011 their views made me a lot of money on mining and oil shares - then it all went wrong.
My PM stocks are now starting to recover and I have high hopes for the future of TSG - more than high hopes - a firm commitment through a large holding, but jointhedots is right.
All of the arguments of Schiff, Rule, von Greyerz, and others, are right in theory - however, they have been right in theory for many years but we haven't seen the big collapse of currencies and I see no reason why the big collapse of currencies will happen soon. The central banks are still in control.
I hope and expect TSG to make a good bit of money for me, but there could be dips on the way and it is not without its risks - all stocks carry risk. Let's have respect for all opinions as part of sensible debate.