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Gold/Mining/Energy : Gold & Gold Stock Analysis

GLD 366.09

-0.1%

4:00 PM EST

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To: ecrire who wrote (25581)	8/23/2011 1:18:40 PM
From: GST	3 Recommendations Read Replies (2) of 29622

We have already seen a 600% rise in gold -- that takes us half way to 10k already as measured in doublings. Now ask what is the world's largest jewelry market today, as we post on this thread? Would you have thought that China would be the largest personal consumption market for gold after a 600% jump in price? There will be jewelry demand -- but not at your local shopping mall. It also turns out that gold is exceedingly rare. Right now, cash strapped and sort sighted Americans are going thru their stuff to find gold to sell. Where do you think that gold is going? There is nothing outlandish about gold at 10k -- it will just take a little mental and emotional adjustment.

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