I look at gold from a long-term perspective.
Since 1950, central banks have accumulated more than 1,100 tones of gold, setting a new record, and due to the high demand for gold as a hedge against high-risk investments and as a safe haven following the U.S. banking collapses, I believe that gold will correct to a point of interest before we and central banks across the world expand our buy holdings. The first level could be between 1915 and 1900, and the second level could be between 1855 and 1845.
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