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Message: Re: Jim and John are pissing me off!
1
hle
Nov 08, 2008 07:52PM
1
Nov 09, 2008 06:14AM

there is a long way to go yet, remember the general public never bought in to this. I mentioned to a few people in 04 that I had bought gold and apart from my wife who is German everyone else didnt even know how to comment.

Roll forward to 08 and I mentioned to some people that I was buying gold assets recently and I get "oh thats a good idea!" now none of these people have ever seen a gold goin and could not name 1 gold company

I cant guarantee for sure that we get a dot com type mania at the end of some gold cycle be it in 2 years time or 10 years time but 2008 was not "the" peak. If you have a deflationary outlook then gold will be part of the reflation process when most other credit assets are wiped out and if you are an inflationist then one or all currencies are going to hell, either way there are going to huge stresses on the system over the next couple of years and I cant see that gold is not part of the story.






Nov 09, 2008 08:19PM

Nov 11, 2008 07:24AM
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