Meb Faber Gold Episode

[Kbg]

If you are the type of person who believes it is important to have your beliefs challenged from time to time listen to episode 80. It is not gold friendly.

[ochotona]

That was Erb talking about how gold should be a couple of times the CPI on average, so $500. It makes sense but the dataset is too small... 1972 onwards. It's a short, noisy time series. I'd feel better about data back two hundred years. We've been perched here with gold going sideways for years, since I joined the forum. Bit hard to believe it would go to $500 at this point.

[whatchamacallit]

Thanks for sharing.

I hate gold and I feel like that is the general sentiment so hopefully it takes off soon.

[eufo]

It's really easy to hate gold. I hated it before owning it. Then when it went down in value almost immediately, I hated it more.

Hating something isn't enough reason for me to sell it, however. I see its value.

[Libertarian666]

If you are the type of person who believes it is important to have your beliefs challenged from time to time listen to episode 80. It is not gold friendly.

All I have to do if I want to see contrary opinions on gold is to read bogleheads.org.