Gold: Can Prices Sustain at New Record Highs?
Tim Knight | Apr 12, 2024 09:57AM ET
For the first time in history, gold is over $2,400 per ounce on the futures market. By the way, if you think things are as super-peachy as D.C. wants you to believe, consider that the $400 gold has slapped onto its per-ounce value in just a few weeks might suggest some other reality. Markets don’t move like this just because it makes for a pretty chart. This sucker is looking like Nvidia (NASDAQ:NVDA).
I own plenty of physical gold already, but I sure would like more………but not at these prices. If by some miracle gold ever slumps down to around $2100 or so, I’ll be buying with all available hands.
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