Hi Timber and all,“I have a taste for ironic humour.”Yes you...

Hi Timber and all,

“I have a taste for ironic humour.”

Yes you certainly do show a healthy sense of humour and it’s also something I like to include in my own musings.


However, I also think that posting here should at least contain helpful information and or links to such. Turning up daily just to denigrate Gold and those that have decided to hold it in spite of its last ten year performance offer little to the knowledge pool.

Obviously there are always two sides to every argument and personally I think there are more market indicators for Gold to continue to rise than there are reasons to feel it will be dropping to $1,300.00 anytime soon.

As far as I can recall both you and your mate Biggles current argument against Gold is that. Previous performance does not guarantee future performance. Any market that has been in a bull market for a long time is well over due to a fall. These don’t look to me to be particularly substantive arguments for me to rush out and sell all my physical Gold.

If we look at the long term Bull Market for US bonds and Australian real estate given that the lengths of both are three times as long as the current Gold early bull run do you feel these are also due for a fall in the near future?

IMHO if the next Debt Ceiling debate is handled as well as the Fiscal Cliff debacle and the US rating agencies are compelled to down grade US debt rather than risk the total loss of credibility then your long term Bull Run reversal rule may well apply!

Cheers and very best regards: Andy