I don't know how many of you read zero hedge, which I find essential, but I couldn't see that anyone had yet pointed to this excellent Bud Conrad article:
http://www.zerohedge.com/news/guest-post-gold-still-answer-investors
It's full of great facts and charts and puts together a really interesting argument, but to me the kicker was this chart. I think I can safely post one image from the article under fair use rules so here goes:
As I said, highly recommended. Apols if it was linked here previously and I missed it.
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- excellent zero hedge article
excellent zero hedge article
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