Word spreads quickly; everyone is aking me to bring them to my coin dealer to sell their scrap gold. One lady got over $700 for her junk jewelry last week, and now everbody wants in.
I would say that is bullish for gold. The general public rarely calls market tops correctly.
They buy high and sell low. Think Tech stocks 1998 to 2002.
-SWUSC
`Everybody is ignorant. Only on different subjects.' Will Rogers
"This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the "hidden" confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard." Alan Greenspan, 1966.
Gold Rush
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Posted - 04/08/2008 : 13:33:20
