gold price may avalanche, page-164

zinvestor,

"gold should be over $8000 an ounce"

But it's not though, have you ever wondered why?
Because you're living in a fantasy world of ultra-riches.

Dreams are free though.


I've just been reading an article on Iowa farmland. It's appreciating at 3% per month as punters seek shelter from monetary chaos, even as grain prices are at their lowest for a year and a bumper crop on the horizon. Auctioneers are warning of dire consequences, but they just have to own it.

Like gold.

Speculation is a contagious and herd-like phenomenon. During a frenzy demand is always over-estimated and supply under-estimated.