gold chat, page-133

skol you said

"There were 4.5 pages of jobs in the local rag on the weekend, including one for a driver/scaffolder which has been in for 2 weeks in a row."

well there you go agina looking in a micro world thionkng we are all as fortunate as WA or Queensland...
its a GLOBAL problem
if you only look in your back yard or your mates back yard, then you cdont get a good idea about how others live...
you need to go look at Europe mate, speak to the greeks the spanish, llok at how the GERMAN economy is slowing, the debt, the asset depreciation.
its not imaginary, and its the normal for most ot the leading economies
if no then you are goingto miss so much of the story that your decision making ability will be compromised,
hence you call of iminent gold collpase ( almost as incesently as them calling for stellar riseds ) has been so far off the mark
gold will continue to hold until money is printed , which it wil be, the climb then will be incremental in line wit money supply, then depending on how much longer the populace can be fooled into thinknnig that all this debt is goingt o be repaid then it will continue
but i think its probably the last roll of the QE dice
so i wont hunker down thinking the end of the world is coming, i will trade out of my gold and gold miners before the next crisis of confidence
i have no feeling for gold as an entitiy itself, its just something that is more likely to rise in price more than other investments..........