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Gold is not at a top!
I am of the opinion that notwithstanding the strong rise in the gold price we have not hit gold fever yet. The fever phase is typically characterized by every man and his dog participating in the bull market. However, my impression is that at this stage the general public is only involved in the bullion market in a small way. As a matter of fact, the masses are quite clueless regarding gold, as shown so clearly in the video clip below. Source: Mark Dice, YouTube, November 29, 2009 (hat tip: Fullermoney). More on this topic (What's this?) Scary: Why China is Buying Gold Like Mad (Learn Mining News, 1/30/12) Why the Gold Slump is Not Over (Investment U, 1/9/12) Gold and Silver Are Headed for Record Highs (Wealth Daily, 1/31/12)  1 comment to Gold is not at a top!Leave a Reply |
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_4.gif)
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By Prieur du Plessis, on December 7th, 2009 posted in: 
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ECRI Leading Indicator: Turning for the better?
Roach on U.S. economy, Fed policy, China, Europe
Prieur’s Readings (Jan 30, 2012)
European choices
What does the public think about its own ignorance and apathy?
It doesn’t know, and doesn’t care.