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Saturday, 11/30/2013 11:00:12 AM

Saturday, November 30, 2013 11:00:12 AM

Post# of 110
Haven't been following too closely but definitely tempted to average down.This sounds about right:
http://seekingalpha.com/article/1868481-detour-gold-maybe-a-good-gold-speculation-but-not-for-the-faint-of-heart
Lots of theories and unpredictability out there. One I like from a radical viewpoint is to do with 'The Emperor is wearing no clothes'. That gold is just a rock. Main value is that is a store of value. This only works/continues if everyone continues to believe it so. So little is used for industrial purposes and it's so expensive to mine; and mostly all of the gold ever mined is still 'at hand'. Plus it is now being recovered from E Waste 20 times cheaper than mining it. I don't know that gold prices are manipulated or just 'managed' the way interest rates, inflation,etc,.. is being managed by central banks/gov'ts to float the global economy's boat. Haha..bwtfdik :).

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