Mainstream media is slowly catching on http://www.businessspectator.com.au...tsunami-pd20110208-DUSTE?OpenDocument&src=kgb
Read some of those comments, still some bearish people on there. Quote: What goes up must come down???? Quote: However, I do think that this article highlights the way the gold market is now reaching fever pitch (parabolic price curve; large silver:gold spread; average man in street beginning to hoard; and no, the Chinese are not special). I personally think it's time to book profits on this crowded trade. Crowded trade? I think the general public has so much faith in paper, they are so blinded by what is real money. I was reading if everyone sold their shares, bonds, stocks and chased after real goods. There won't be enough of real physical assets to back the shear amount of fiat and fiat paper assets out there. We are buying PM's to preserve purchasing power, not to speculate and make profit. Likewise I would say most of the chinese are also doing it too. They just have excess money and no where to put it. Slam
