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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: TheSlowLane who wrote (12418)	12/8/2009 6:53:24 PM
From: lisalisalisa	4 Recommendations Read Replies (4) \| Respond to of 48092

I realize that gold has become pretty popular among a certain type of investor, but its not the sort I ever run into in real life it seems. Only on the internet. If anything (and this is only my personnel perspective of course) it seems that these recent higher gold prices above $1000 have made the general public even more bearish and more hostile with regards to gold, and that is only if they have any opinion on it at all. For most It seems that gold is either a bad investment that never goes anywhere, or it is in a unjustified bubble. I have and do notice that online message boards where gold is discussed have seemed to become overwhelmingly bullish, but I also wonder how many of the replies across the various boards are coming from basically the same pool of people. I wonder this only because I really never run into such a person in real life. Maybe it is something people keep secret in face to face meetings, like they might with some sort of strange sexual fetish. But it still seems like the amount of bubble talk and negative opinions with regards to gold has increased remarkably of late. I used to believe that we would defiantly see a mania in gold and gold stocks that approximated what we saw in housing and technology. And while I still think it is somewhat likely, I am starting to have some doubts. So many people don't seem any closer to going against the mainstream bullhorning than they were 10 years ago. It is true however that the entire gold industry is very tiny compared to other investment sectors, so maybe it would only take a small change in investor preference to cause a big change in stock prices. Most people seem to want to buy GLD, if they can be convinced of buying gold at all though.