<<Shhh! >>
... and watch that gold resuming its rise, inexorably, reaching for where gold hasn't gone before, and yet, it is still so very CHEAP.
Imagine the drama that will be when folks on the street start treating gold as salvation, as opposed to fund managers exploiting gold as a flip.
As to all the missing personalities in your lawn, egg, and X5 service requirements, perhaps the providers will be folks who do not have gold :0)
The script discussed from way back when on this thread and the preceding BBR thread was that at some point all stuff will be bargains, including fiat cash, and when gold holders will start to buy stuff with their gold.
I have no reason to think that the script will not hold, regardless of inflation (Zimbabwe solution) / deflation (Argentina outcome), and believe the revelation per script is only a small question of time.
I dunno, the gold trade seems so very obvious, and yet so under-owned.
Chugs, J
P.S. Barron's had a good article on NEM over the weekend, making the point that it made enough paper gain from COS investment/hedge to equal to one year's profit, and have hedged its energy needs at USD 25/barrel for the next 50 years. I guess we have done the same, and our gold is 9999, with zero extraction cost and no political risk :0) |
