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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Moominoid who wrote (20686)8/4/2007 9:43:35 PM
From: TobagoJack  Respond to of 217713
 
<<We don't know if it will double again. It may or may not. Mining costs should probably drive it up. But the demand side is uncertain.>>

... David, you of little faith, must learn, through this econo-monetary cycle, that gold, through time eternity, has always, without fail, worked, eventually, at the end of all days, to, platic wrap speaking, seal in the goodness of excess savings and keep fresh the freshness of surplus capital

as to demand side is uncertain ... i am not wondering about the buyers of all that central bank gold as the sponsors of the same central banks go bankrupt ... are you actually worried about the demand for gold?

As to <<For the moment plenty of people are convinced it is a good investment>> ... you are kidding, right, given the relative magnitudes of every nothing of CDOs through to CLOs and USDs.