re: not as good as it gets for gold ***** Dryblower is Tim...

re: not as good as it gets for gold ***** Dryblower is Tim Treadgold, a gentlemanly WA hack who has seen his share of boom and busts.

His analysis is somewhat wanting on this article-it directly conflicts with the bloomberg comment elsewhere on jewellery demand for example.

And why take a bottom to top argument over 5 years? Why not go back a year or two more and his rationale for the price increase falls apart.

And all the central bank selling? What central bank selling? The Washington agreement is still in place, those that wanted to sell have, and all you hear is potential purchases by China and Russia!

But I guess he has to write something controversial otherwise he would be out of a job!LOL

And who really knows, his wife may be right-coz few journos forecasts are, thats why they are journos , not metal traders!!!!

Cheers,TAS