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has posted a comment on the article :
Stand and Deliver: How Germany Disrupted the World's Gold Market
- Jesse -
Le Café Américain
Your pithy response revealed more about yourself then i managed to convey about myself to you in my post. For example, you would appear to be someone who is very comfortable making assumptions. Just why you felt confident to assume that my mall is in the US is rather a mystery. i have never said where i live and if you were really paying attention, you might have noticed that i tend to use British, not American spelling. And in fact, your assumption was incorrect.
Your response also demonstrated a shocking lack of sense. Your contention that the folks frequenting the malls are irrelevant is bizarre. If only 1 person in a thousand understands what is coming down the pipe and further understands that gold offers some insurance, gold will only continue to sink from profound disinterest. Gold will only rise to new heights when those people with disposable income, currently found at malls, decide in increasing numbers to give the very friendly folks at Miles Franklin a call. The more people that buy, the higher the price will go. Pretty simple stuff really; sales do matter. How is it that you failed to grasp that most obvious of all things to this market?
The gold community would do well to disassociate itself from the tinfoil headgear subsect within its midst. It does far more harm than good. To an outsider looking in with an interest to enter the market, they are going to run for the hills when they hear stories of massive market manipulations taking place, the Fed having no gold in their vaults and/or this all being a ruse to usher in a new world government. Wild conjecture and idle speculation by irresponsible scare mongers seldom works for a broad audience. Some will buy the nonsense, but most will turn aside politely and be on their way. And why wouldn't they be? The sales pitch put forth by the tin foil crowd is better buy now before prices come down even more. That sort of logic might appeal to a chronic snob, but to the average person at the mall going into 3 stores to find the best deal on a pair of sneakers, it will fall on deaf ears. But if you can approach them with facts and figures that show the depth of the sovereign debt crisis and tell them what has always happened in the past in such situations and you can also explain to them that gold offers a hedge against the sins of government, well, that person just might be interested in learning more.
All that aside, your response failed to address even a single question that i posed. What i think of this failing shall be left to your imagination; though doubtlessly, for public consumption, you would claim not to care a whit what i think of your failing.
"Truth is out of style."--MC 900 Foot Jesus
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Someone asked, 'why would there be a desire to do a stealth confiscation of gold from the public holdings in ETFs and private stores through price manipulation?' Who could have been assigned the task of prying bullion out of the hands of the people, and for what conceivable reason? It appears to be happening, but why? There are any number of possible reasons. Concerns that an innovative new round of QE and money creation might create a run on the gold price is one possibility. There should...
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chers Vladi,il est lor, oui, effectivement, et alors ? un fonctionnaire crée de la richesse ? creuser des trous crée de la richesse ? si nous arrêtions, pour voir, de payer nos impôts, vos 55, fonctionnaires compris, font quoi fin du mois ? merci d'expl
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- 20/04/2013 à 20:03 GMT
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