Hi Don,
IMO, a few on this thread are 20+ year goldbugs, but most are simply looking for an inflection point of long term trends in a compelling value play.
You've noted that gold is well off its early 80's highs and such powers of observation are to be commended. Yet, the stated objective of the thread is "monitoring" the price of gold and for a constructive purpose, not as some idle pastime or an exercise in group masochism, but in an effort to delineate the aforementioned inflection point. i.e., when will a long term gold trend change materialize, why will it materialize, and how will it materialize?
In support of this, original analysis, new insights, news items, and pertinent links relating to gold, precious metals, commodities, currencies, fiscal and monetary polices, trade flows -- in short, anything that pertains to or affects both traditional and currently fashionable "stores of value" -- are what we are seeking.
A well-supported contrary opinion is always welcome, but as in all points of view, repetition without further support or insight has a diminishing positive effect with each reiteration.
Have a nice trade! |