Ah ok here are a few off the top of my head (snail wireless internet so cannot get exact figures)
This is the remonetisaton of gold and its growth is directly linked to the devaluation of the US dollar (of which the intrinsic value is actually zero as its only paper and not underwritten by anything)
The physical gold market is orders of magnitude smaller than the gold derivatives market which IS actually worthless in msny cases).
Compared to the equities market the precious metals market is tiny - it wont take much money to move the market higher, especially if people want the security of holding the actual physical metal rather than an ETF - it will fetch a premium when the bubble occurs, and currently there isnt one
Mum and dads are not buying gold and silver yet
Taxi drivers are not buying gold and silver yet
Main stream financial analysts and economists are not calling for record gold and silver prices or recommending as a buy
Central Banks are still printing money like crazy, although they are getting more inventive with the name and type of 'QE'
Not sure why I bothered even typing this, some people just dont get it I guess. Out of interest when did you call the 'top' in gold?
Of course I could always be wrong, have before, time will tell.
