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Hi FRED(s) can you provide a public update on the Itulip opinion of the gold adoption curve?
http://finance.yahoo.com/blogs/micha...192632477.html
Gold Surges in Popularity, but Is It Stuck Without an Ever-Easing Fed?
By Michael Santoli | Michael Santoli – Tue, Dec 11, 2012 2:26 PM EST
Major online retailer eBay (EBAY) has recently launched a popular venue where individuals can buy gold bullion and coins. This is noteworthy in at least two -- somewhat contrasting -- ways.
As a matter of consumer experience and business strategy, the creation of the APMEX Bullion Center on eBay marks real progress. Few markets are as fragmented or confusing to navigate as the one for physical precious metals, dominated by small dealers and shrouded in opaque pricing. The seal of eBay's approval placed on APMEX, an established seller of bullion and coins, makes this an attractive destination for metals buyers, as does the firm's transparent, real-time pricing and the extension of eBay's buyer-protection policies.
Yet the very fact that this is a large enough market to tempt eBay — a company worth $66 billion and boasting $12 billion in annual revenue — offers yet another occasion to ask whether the decade-plus bull market in gold prices is nearing an end phase, in which broad popularity comes just as the key drivers of pricier gold may have peaked.
cont.
http://finance.yahoo.com/blogs/micha...192632477.html
Gold Surges in Popularity, but Is It Stuck Without an Ever-Easing Fed?
By Michael Santoli | Michael Santoli – Tue, Dec 11, 2012 2:26 PM EST
Major online retailer eBay (EBAY) has recently launched a popular venue where individuals can buy gold bullion and coins. This is noteworthy in at least two -- somewhat contrasting -- ways.
As a matter of consumer experience and business strategy, the creation of the APMEX Bullion Center on eBay marks real progress. Few markets are as fragmented or confusing to navigate as the one for physical precious metals, dominated by small dealers and shrouded in opaque pricing. The seal of eBay's approval placed on APMEX, an established seller of bullion and coins, makes this an attractive destination for metals buyers, as does the firm's transparent, real-time pricing and the extension of eBay's buyer-protection policies.
Yet the very fact that this is a large enough market to tempt eBay — a company worth $66 billion and boasting $12 billion in annual revenue — offers yet another occasion to ask whether the decade-plus bull market in gold prices is nearing an end phase, in which broad popularity comes just as the key drivers of pricier gold may have peaked.
cont.
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