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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: roguedolphin who wrote (83889)	8/28/2008 12:26:41 AM
From: Proud Deplorable	Respond to of 116555

Yawn

To: roguedolphin who wrote (83889)	8/28/2008 5:52:59 AM
From: benwood	Respond to of 116555

I would agree, except where is this significant public involvement? Gold still was barely in the consciousness of the vast majority of investors. What transpired when gold hit $1000 was akin to when gold hit the low $200s in 1978ish, to my way of thinking. In 1979 and 1980, I heard gold talked about every day, and I had no money myself! I was a student, and yet it was a daily thing to hear about gold, and to hear others talk about buying it. Doesn't mean this isn't a sucker bounce. However, I would think it's from other forces than the little guy.