To: TobagoJack who wrote (57690 ) 11/10/2009 8:46:07 AM From: dvdw© Read Replies (2) | Respond to of 219578 Mr. Roubini described Mr. Rogers’s forecast as “utter nonsense,” saying that there aren’t any inflationary or economic pressures that would drive the price of gold to $2,000 an ounce. and this guys a guru? of what? Gold in motion burdens its cogs. That is fundamental economics....a rising cogs shows up in hundreds of ways. 1. Transport Labor and energy...HERE, in a corner of Switzerland where Italian is spoken and roughly one-third of the world’s gold is refined into bars and ingots, business is booming. Every day, bangles, bracelets and necklaces arrive in plastic bags — from souks in the Middle East, from pawn shops in Asia and from corner jewelers in Europe and North America. 2. Rent; Indeed, last month, "Harrods", the 160-year-old London department store, began selling coins as well as gold bullion ranging from tiny 1-gram ingots to the hefty 3. Advertising and Promotion; He estimates that 10 times as many people come into his store to sell gold now as when the metal was selling for $300 an ounce at the beginning of the decade. “I hear people come in and say gold is going to $2,000.” if the price was too high, the 3 factors above would not have the velocity that they do. Gold moved for processing, increases its value, if the refined processed product, has a new home on the other end. The fact that advertising and promotion continues at these prices, is illustrative of a base, from which the commodity can advance to keep up with its demand value in transition. Converting currency of any sort to gold will inevitably lead to gold being converted to currency via nano particalization. This bails out the newly invigorated value chain established to architect sound money....roubini is a mouthpiece with an interest in preservation of his own form of largess. As the COG sold changes, momentum either shifts forward or back based soley on Supply and demand. This is how; Time Shapes Capital...... mr roubini.....what there is plenty of, is excess cheap bandwidth, that surplus, is the only reason or proof needed, to understand your perpetual presence, as long as bandwidth is affordable, we will be stuck with you.....