What do you mean, "No gold bubble?"

[Christoph von Gamm]

Re: What do you mean, "No gold bubble?"

I am a proud Japanese Granny, Too!!!! Who else?

[Christoph von Gamm]

Re: What do you mean, "No gold bubble?"

What you get for a given store of value always is reflected by what people in sum can make available... therefore Gold in a knowledge based economy is not necessarily outdated at all as knowledge also can be translated into how much it produces and then gets valued...

[touchring]

Re: What do you mean, "No gold bubble?"

As for gold gaining long term prominence, I'm not so sure. Gold is a relic of the past and As I have mentioned a couple of times previously, I believe the fundamental storehouse of value is the human mind, now able to be more fully leveraged than at any time in history. Companies and Countries that can leverage that talent will do the best. How does that apply to a new world order currency? As you know, some suggest that the new touchstone for currency will be a basket of commodities and perhaps, even a stock index. This basket of commodities and equities, while somewhat volatile, will more accurately reflect the value of human endeavor.

Gold may not be a big earner, but it is anytime better than the dollar.

[jk]

Re: What do you mean, "No gold bubble?"

i want to second lukester's point about our analyses tending to be u.s.-centric, and agree too that this observation applies to more than just this discussion of gold. i've been thinking about my dollar exposure lately, and just today started wondering whether i'd own ANY dollars if i didn't happen to live in the u.s. i really need to channel my inner japanese granny.