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

To: carranza2 who wrote (76851)7/25/2011 4:15:46 PM
From: TobagoJack  Read Replies (2) | Respond to of 218649
 
<<roughly 3 million US households that have over $1 million in financial assets.) Suppose for the sake of argument that each of them is persuaded to shift just 5%, or $50,000, of their portfolio into gold. Such an advertising campaign would have the effect of pushing $15 bn per year into the market for investment gold>>

I believe there are at least 3 mil if not 3-4x that in china who sports 1 m in assets that does not incl primary residence.

The guy who does reflexology for us has more than 10 m rmb sloshing in the property and share markets and in cash.

As n when the numbers show up in official stats, it would be a 'surprise' to the likes of cb ILaine.

Here we are, trying so diligently to save souls.



To: carranza2 who wrote (76851)7/25/2011 9:03:11 PM
From: Ilaine  Respond to of 218649
 
>>Market prices almost always tell you something useful. But sometimes what they tell you is that there’s a marketing scam in progress.<<

AKA bubble?

At any rate, money needs to be pixels, and gold is about as far from a pixel as it is possible to be.


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