Gold is the ultimate anti-stock, the anti-Christ, the "barbarous relic". However, in the end, the Devil seems always to win.
As for women (a problem for me), lately I'd say to some "women like jewelery, how much do you think an ounce of gold costs today (in AU)?" - they are clueless, out by 50% or much, much more.
I remember the bubble of 1980, including Silver, and the Hunt Bros of TX. (It may have been driven by them seeking to corner the silver mkt). I was caught up in it.
Another story for another time
It was a bubble, a mania...people were lining up in CBD to sell their jewelry. We are not in such a bubble, mania. And I've lived thru many (mainly in US)
As I see it, we're slowly coming out of a cyclical bear mkt within a longer term Secular bull that commenced in 2001 after finally finding a base around USD 280.
Certainly that is the general expectation around these parts, if not in those words.... i.e. the 4+ year bear cycle (withing the longer Secular bull of 2001) is turning around.
We just have to be patient......
