You guys must spend a lot of time chasing up stats and numbers and GDP data and homeless rates etc. The trouble I find is there are so many conflicting stats and different interpretations of those stats that a lot of the arguments put forward cannot be relied upon unless you go out and find all this stuff out for yourself. Myself, I can't be bothered. I'll just wait and see what happens, and position myself in selected equities based on my expectation for gold to keep steadily rising, or at least hold its own.
And skol before you tell me gold has been going down for the last year, yes I am aware of that, but I still believe gold is in a long term uptrend and that this trend will continue, and that the price of gold is mearly in a state of consolidtion after rising too quickly last year.
Simple as that.
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