For years I’ve been telling everybody that gold was going to $1000. I’ve been saying it since gold was in the $400s. Well, today, it finally happened: Gold closed above $1000 an ounce.
To everybody who thought I was a naive true believer: I TOLD YOU SO!
The Wall Street Journal has commemorated the event with a story in Friday’s paper on the front of the “Money & Investing” section: “Gold’s Standard: $1000” (subscription required).
And for those of you who wonder: Is it over? Am I too late? No: I predict $2000 gold in the next 3-5 years.