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To: Threshold who wrote (175661)9/27/2009 7:37:56 AM
From: tyc:>  Read Replies (2) | Respond to of 314147
 
Not sure I understand what you are saying. I gather you believe that most gold will continue to be held by central banks. In their efforts to manipulate the price they sell only paper gold to satisfy or kill public demand.

Is that what you mean,? Is that what people will eventually figure out ?

I suppose it is true that if I wanted to own gold, I would be satisfied with paper (or cyber) gold.... I sure don't want the bother of holding the metal. Similarly I might decide to "short" cyber gold... I would be more likely to do so if I thought the powerful central banks were conspiring to drive the price down, "Don't fight the fed" makes a lot of sense to me.

But then I am not a gold bug. Do you think that when everybody figures it out as you have, we will be more likely to hoard the metal rather than mere paper ?