i know silence is golden but, page-12

Champ,

I know its not all about inflation.

But does the average punter in the street know that?

People are simple.

Some folks can put 2 & 2 together in simple ways,inflation = gold.



But I suspect most folks would be far more comfortable holding Telstra shares or CBA than holding gold.

You guys can shout about golds safety but average people don't see it that way.

They see it fluctuating wildly and don't see it as a safehaven.

Many folks think gold is a risky investment.

I know gold bulls live in hope that if every person bought just 10% gold for their portfolios it would send the price rocketing to the moon.

I don't think it has the allure that many bulls think it does.

I don't think people equate gold with safety.

Or nowhere near as much as it once did.

If they did it would be trading at $2000 now after what the entire planet has been thru these past 12 months.

Everyone talks about the GFC.

Its more popular than KFC.

Yet not many flocked to gold for safety.

Gold bulls are their own worst enemy at times with all their conspiracy theories about gold manipulation etc.

It frightens people away more than drives them towards gold.