one picture that tells us the story to date, page-56

Ctindale, SP, dub others

I can see some great arguments for inflation V deflation but regardless of the immediate and shortterm and longerterm outcome of who may be correct.

Isnt it more relevant how Gold holds up in comparison to that outcome...ie: if its inflation then does it rise at a rate higher than inflation.

if deflation does it drop less then the rate of deflation.

isnt that really what we need most be concerned about.

IMO with the volatility (i use that word alot these days because I hear it alot) in the market and the uncertainty about the future, people look to the past. Not charts which have recently let alot of people down, but to something that has some intrinsic value...well looks pretty anyway.

will gold burst its bubble,,,, I reckon it probably will, the way I see it, everyone has had to share the pain, car drivers, home owners, superannuation contributors, etc.......... but I do believe gold will hold up a while longer till the flick is switched.

and when it does come down, im thinking around the 980 us mark then it will hurt for some but not so much as in other areas.

cash well, who knows where its going....really