If anything that means a more robust economy and more buying of everything including gold.
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sounds like you’re a gold bug. if history is any guide you’ll have to live in a house of pain for a couple decades before again you are right on the money.
For old guys this period of falling gold prices we’re in now—looks very much like the early 1980’s. Look at this historical chart of the price of Gold.
http://www.macrotrends.net/1333/gold-and-silver-prices-100-year-historical-chart
Well if you come to that conclusion after some of the basic market fundamentals that where listed in my post, then you are not paying attention or just don’t care. Gold is still flowing in great quantity from the west to the east its undeniable. The West continuous to engage in economic suicide with debt upon debt (the east does as well and it seems the buyers there are smarter than most of us in the west otherwise we would not be selling it).
Second, that Chart does not in anyway show that aspect of what I have talked about, unless you consider the spikes as people voting on what they consider a safe haven or real money given the realities of the day. If you do so, then you should be honest with yourself and realize the conditions of the 60’s through the early 80’s is entirely different place. Certainly some events rhyme, but what does rhyme is far more severe than anything then and second the economic, political, and moral stability underneath (not on the surface) has been completely eroded away. It only takes a convergence of events to stop the momentum from past ages, and then the real fun begins.
So if you think I am a gold bug for pointing out the facts, the manipulation, so be it. As a side note, while gold is a store of value, should things get as bad as I believe they will, then gold really won’t have any value for quite some time, perhaps several generations(30 years is far to short). Gold only works in a moral environment. It is stability. The only consolation here is that whatever you buy you can have your decedents use that representation of your hard work to create something or help create stability or reinforce it; assuming they are moral at the core of their being. Our civilization is far too gone to save as it currently is. Gold, silver, cheaper oil for some brief time, or whatever else simply isn’t going to change that fact. The market is so heavily manipulate because we are beyond the point of no return, to allow it assume its roll would only hasten the demise of the existing system and usher in generations of turmoil and chaos. We have been very foolish, and your response to me in that manner is a reflection of that foolishness.