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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST
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To: carranza2 who wrote (78033)8/20/2011 9:17:19 AM
From: stomper  Read Replies (1) of 217764
 
<<But the masses are getting it....the media is full of reports and there is lots of talk.>>

I've noticed that even those with a bit of rogue in them, and who are willing to look at a gold purchase, look at it almost exclusively as a parallel to the stock market and/or their favorite stock they are getting beat up on: "yeah, I may buy some gold instead of GOOG, i've been getting hammered on that this quarter". I bet I have heard a half dozen iterations of this in the last few months--and none have purchased physical yet.

I would say it is 1 in 100 (if that) that look at gold with any eye toward the timeless function it plays in this type of current monetary environment. It's very hard to get a read on the general populace when you are used to conversing and reading deeply on economics...you generally expect people to come at it with somewhat the same reasoning as you have, but it just is not the case.
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