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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: crustyoldprospector who wrote (63667)6/14/2006 1:48:39 PM
From: UncleBigs  Read Replies (1) | Respond to of 110194
 
the thing with gold is that it can be priced at any dollar amount and it could be rationalized.

no cash flow, no essential use...just pure emotions and psychology.

that's why I don't think hard economic times of the deflationary sort will be good for gold.

social mood will be quite sour and in no mood to be speculating on metals.