To: ild who wrote (49576 ) 1/12/2006 1:02:23 PM From: ild Respond to of 110194 Date: Thu Jan 12 2006 13:41 trotsky (@gold seasonals) ID#248269: Copyright © 2002 trotsky/Kitco Inc. All rights reserved there can be little doubt that there IS seasonality in gold prices. lows are often made during the summer of the Northern hemisphere, as fabrication demand dries up during that season. however, as i have mentioned before, seasonality is less important in bull than in bear markets. this is because gold bull markets are NOT driven by fabrication demand ( even though fabrication demand represents almost 80% of total demand ) , but primarily by investment demand, i.e. the demand at the margin that this investment demand produces. furthermore, in view of the large stock of gold in the world, they are driven by a reluctance of the owners of this stock to part with it. naturally, investment demand has far less inbuilt seasonality than fabrication demand. thus, as long as speculative and investment demand increases beyond the seasonal fluctuations of fabrication demand, gold prices can at times shake off the influence of negative seasonal tendencies during bull markets. Date: Thu Jan 12 2006 13:21 trotsky (JF@statism) ID#248269: Copyright © 2002 trotsky/Kitco Inc. All rights reserved 'it describes socialist leanings' - this is roughly correct, and therefore it also describes the party of State Capitalism, i.e. the Republican party, very well. a national socialist agenda IS in essence socialist. therefore a declared supporter of the Republicans is no less a statist than a supporter of the other face of the one-party state, the Democrats. supporting either basically just demonstrates that one has fallen for a load of statist propaganda. this is quite contrary to the core beliefs of the supporters of honest money, which is why your political propaganda posts/links meet with so much resistance here.