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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?) Gold Price Forecast for the Remainder of 2012 (Investment U, 5/18/12) What’s Happening to Gold and Silver Prices? (Learn Mining News, 5/14/12) Everything You Need to Know About Gold Prices (Money Morning, 5/11/12)  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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U.S. stock market – long-term indicators could go either way
Jim Grant on “The Scream” painting, Fed’s “hall of mirrors”
Prieur’s Readings (May 5, 2012) – staying up to date with top money news
Don Coxe webcast – updated (May 4, 2012)
Laugh out Loud: EU debt whack-a-mole
What does the public think about its own ignorance and apathy?
It doesn’t know, and doesn’t care.