Gold still $1,000 Below Inflation-Adjusted High

Posted by Market Intelligence Report

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Gold comes up in every meeting.  When I started talking about gold nine years ago, no one cared.  Now everyone cares.

That does not mean gold has topped, because I do not think it has, but it could be a little heavy at this price and this particular point in time.  Over the next three years, I have no problem thinking that gold prices could double, or go parabolic ending even higher than $2,400.  Silver never comes up at the meetings nor does platinum, which makes me think those two metals have further upside in the near term.