It's been years we've been believing in the metals bull, for most of us here ... and we talk among ourselves, read stuff on goldbug and general metalsbug websites, we see things from a narrow perspective maybe [?] ... it being a very human trait to reinforce one's own ideas whether they are good or bad, do you ever worry about being vulnerable to groupthink, herd effect, lemming stampede?
What you said about BRIC economies holding up the base metals in what would otherwise be recessionary times, i agree with that but only part-ways, i think China and Russia particularly could have some bleak times ahead at certain points ... the business cycle hasn't been disinvented anywhere really, and those places complicate the matter with corruption cycles ... chinese banks are really shakey, it is said ... of course the powers that be there don't want people out of work either, as that would lead directly to civil unrest ... Brasil will be a real powerhouse, India seems to be coming out of the socialism hole too, still they will have their ups and downs, nothing goes in a straight line forever
All the metals charts are reinforcing us strong - how can you not believe, lol .... pardon me for getting all macrocosmic, i just went and lurked a few posts on russ' thread -g- .... cheers |