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Pastimes : Don't Ask Rambi
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From: koan12/18/2008 4:27:24 PM
   of 71178
 
Thanks EC, that was very helpful.

The run on gold last year in Europe was only 442 tons. Pittance. Good thing for fizzical and long overdue since the paper dominance of the last decade.

However the big overhang of the last large gold run up of 1974 to 1981 was a shortage of 3000 tons. This lead to the unhinging of gold depression schemes which kept it at 35 buckaroonies.

We are not there yet.

Soon though.

I think we will get a 5,000 ton run next year.

$131 billion.

EC<:-}
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