DislikedBy the way, futures have gold eventually grinding up to 1,430 anyhow: {image}Ignored
- Are you pointing out how much of a rise the futures market is showing? Wouldn't it be accurate to assume all precious metal would also show a significant rise as you go further out into the future. The more the metal serves as a store of value, I'd think the closer it would look to gold. So maybe the ranking would be Gold, Silver, Platinum, then Palladium? Which brings me to my next question.
- Would you be so kind as to post the same chart but showing Silver futures going out that far? I've been thinking of making some silver bullion purchases and on the fence. It seems like a great entry right now, but I'm not so sure about where it's going in the next few years. Most gold and silver owners that I know don't trust the government. I'm not that kind of investor. Besides the potential in the value appreciating, I like the tax benefits and the ability to buy, sell, and trade it without having to report it. I've got the CME showing me 16.28. That's about 1.40 over spot. 9% return over a four year time horizon is barely beating inflation. I guess I just answer my own question.
We must learn who is gold, and who is gold plated