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Non-Tech : The Woodshed

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To: Stephen O who wrote (38014)3/9/2006 4:10:03 PM
From: Cogito Ergo Sum   of 60900
 
Stephen, we used to like gold here a long time ago too :o) In China they have savings... but nothing to spend it on until recently...

Japan has a lot of savings for a long time, part of their problem..... but in gold ?? What stopped the average Japanese from loading the boat @ gold 255...

I just wonder at the truisms folks are betting on.. I don't see why all the Chinese savings will flow into gold...

Call me a heretic :O)
but to my mind it's always different...

Having said that.. gold can still soar .. it's a tiny market... but I remember how small the exit door was when gold last breached 800... The chart of gold with the big 800+ spike kitco.com
looks like a chart of a rocket booster .... not like the Crow Buttes
milebymile.com

:o)

Al
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