“There are no moms or pops left in the gold market. Even serious, knowledgeable investors have gotten out. From what we read, it seems more like a bottom than a top. The public is not interested. And the professionals hate gold. If we were speculating – and we are not – we would bet that gold is a better buy than a sell. The price could go anywhere. But unlike the Fed’s paper, gold won’t go away. And, at $1,100 an ounce, gold is likely to be one of those few investments you don’t mind telling your children and grandchildren about. If you buy, wait five years. Then let us know how it worked out.”
http://www.billbonnersdiary.com/articles/bonner-gold-second-coming.html
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