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Strategies & Market Trends : Waiting for the big Kahuna
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To: GROUND ZERO™ who wrote (92046)12/18/2009 7:28:36 AM
From: Real Man2 Recommendations  Read Replies (1) of 94695
 
With all this gold bubble talk, Ben Bernanke
got Time man of the year. While relative to
oil gold is high compared to where it was in
2005, it is actually smack in the middle of
a long term range (10-30), closer to it's bottom.
After some 30 years of stagnation the public
has no clue that if gold was valued the same
way as in 1930, 1950, or 1980, it's price would
be in 5 digits -g-

They beat up gold for no use, forgetting the fact
that 18% of all above ground gold is held by
the public, another 18% by Central banks,
as MONEY (that can't be printed). They think
folks are "investing" in gold because it goes up

The media and new programmed WS folks
who are 40-s or younger just have no clue
whatsoever -ggg-
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