Does anyone have an estimate (from the Austrian perspective) of how high the price of gold could go? And--just as importantly--how to understand the price of gold. I.e., what economic indicators do you look at, how do you interperet what the Fed is doing, etc.
I'm trying to figure out how long to hold onto my gold investments, and I've heard a bunch of numbers. Unfortunately, I only have a shallow understanding of economics and monetary policy (I've been reading What the Government has done to our Money on this website to try to get a better grasp).
Thanks