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Message: Public Interest in Gold

Public Interest in Gold

posted on Nov 09, 2009 04:59PM

A radio talk show host (Alex Jones) sent out a camera crew and made a video. They took a one ounce gold coin with a $50.00 denomination printed on it and tried to sell it publicly for $50.00. They got no takers. At the time they did this the coin was worth about $1000.00.

That ought to give you some idea of the public mentality as regards gold at the present time.

As I stated before, the public buys at the top and sells at the bottom. The public is still searching the drawers for old gold rings and assorted jewelry to sell as scrap. We're just getting started.

P.

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