QUOTE (caulfield12 @ Nov 29, 2017 -> 11:27 AM)
If you’re already worth $2-3 million, that’s a more legitimate bet, like hedging with your portfolio by investing in gold.
If that was all of his investment money, that’s pretty darned crazy...hope he doesn’t have a wife and kids depending on the ultimate success of such a move.
As with most bubbles, most people will get too greedy or arrive too late to the party...hold on a day too long, and those eye popping returns won’t be available any longer and the bottom will fall out.
Personally I think the big dogs will get wind, pull out, and leave the regular people holding pennies