pog, page-52

Well Skol, they must be really dumb sheep because last night premium on physical gold went up considerably.

"Premiums in China and India remained robust overnight. Shanghai premiums are at $28 over spot and in Mumbai premiums jumped to $30 to $40 an ounce from last week's $5 to $7 an ounce."

Speaking of brains comparing tulips with gold, is well what can I say.

China again is defying the doom and gloom predictions of the last six months, again with solid growth in volumes based now on more consumer consumption. With every day more and more Asians are become the new West in term of wealth. Largest population, largest growing GDP, largest emerging middle class sector in the world and to top it off they have cultural affinity to gold, that I think you just don't understand. Gold may have some time to bounce back up to $1500, but the tension is building. The only thing that will hold it back is the US reigning in its debt and putting a stellar economic recovery. bhaa haaa. No it wont be Armageddon, but equally there is zero chance of economic bliss in the US. My God they are still on life support with the fed still debating weather the patient is well enough just to get out of bed.