Reply to How long with the gold run go?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Gold will continue to rise probably 1-2 yrs.  Hard to say after that, long term it will fall.  Gold goes up with instability, drama, falls with stability.  So investing in gold is a bit of a political/reality check.  It's value/risk for investing us based on your pessimism and optimism in how global situation moves forward.  Trumps in office for 3 yrs max.  Do the math. I would buy gold now but understand it's not a hold for retirement indefinitely.  It's going to rise in waves so the idea is to sell that sucker at its height which I think 1-2 yrs.  If you are holding a lot of it from buying decades ago, sell later this yr or next for sure to see your investment.

I think it'll go up to $8k or so.  How long it stays there is the prob.

Then if you buy now, understand it will likely be a very very long term hold.  So gold for the short term is def right.  [/quote]

So, it makes sense in a tax-deferred account, not a taxable account that could result in significant capital gains if you need to sell a year or two from now when it either stagnates or deflates.[/quote]

Long term capital gains tax would be 15-20% (depending on your taxable income) if you sell in one year compared with capital gains on assets held less than a year, which are taxed at your regular income tax rate, so in a taxable account you would want to hold for at least one year.[/quote]

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