gold and silver - lrjones and perrenial, page-15

The point about the tech industry[and low tech] is that it occurs in every country,whereas the gold industry is where the gold is found.The gold industry employs few people compared to the telco tech and health industry worldwide.As before[the 60's]the resources industry must move first,a shortage of minerals etc.I feel that another tech boom is around the corner....could it be food,power generation,water resources who knows.As for the US$ being over valued,probably true but the reaction may not be to buy gold these days.Will we let these new industries wither on the vine or continue to support them.I guess it will be the latter.