remember, stocks and gold do not necessarily move opposite of each other.
from mid 2000 to early 2002, both gold and stock markets were going down.
from 2003 to 2007 both gold and stocks were going up.
i expect that the stock bull run is over, and will not go higher over the next few years. but this does not necessarily mean that gold will go to the moon. it is possible they both go sideways for a couple years.
still, i prefer metals over stocks for now.
again, my prognostication for the next 5 to 10 years...
stocks sideways to lower.
dollar, sideways to lower.
interest rates up.
gold sideways to higher.
platinum sideways to higher.
"again, my prognostication for the next 5 to 10 years..."
Thats some long range predicting bear!
I don't even know if I will live that long(-:
Bear,
I am in slight disagreement on stocks and the dollar.
I think stocks go sideways to higher due to unprecedented liquidity which will, as always, find its way into the stock market.
The value of the dollar, though being diluted with unprecedented spending, is measured in relation to other currencies, which are even more inclined to be debased by their governments. That is perhaps why the dollar has been hanging in of late.
I am inclined to agree with you on gold and interest rates.
Perhaps MM can pull up this thread in 2-5 years. Hopefully we’ll all be alive and well.
Great to read you joj!
Yes, let's hope we are still all here that far out.
Enjoy each day as if it's your last one!