Replying to Avatar Alpine

I prefer BTC, but calling gold overbought and overvalued is ridiculous. We’ll easily see $10k gold over the next 5-10 years.
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Platinum Bear 4mo ago

I agree, gold is 2.5% of all global assets. It’s under owned. If it goes back to historical norms. It could 4x from here.

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Alpine 4mo ago

Agreed. Gold was at parity with equity markets in the 80s. Going back there, as we will, would imply a 5x for gold *today* ($20T -> $100T). 4x is a lock over the next 10 years.