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Michael Weithman

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  • Gold's Rally And Bubble - What Does The Future Hold? Part II: Demand Sources Detailed (Jewelry) [View article]
    "check out veblen and positional goods" Excellent point, Thorstein would disagree my statements above.
    May 1 11:42 AM | Likes Like |Link to Comment
  • Gold's Rally And Bubble - What Does The Future Hold? Part II: Demand Sources Detailed (Jewelry) [View article]
    I agree with you that investors are not rational; I am making a statement that jewelry purchases, as defined, will be rational. Investments do not have the same correlation to price as Jewelry.
    May 1 11:40 AM | Likes Like |Link to Comment
  • Gold's Rally And Bubble - What Does The Future Hold? Part II: Demand Sources Detailed (Jewelry) [View article]
    Sorry for the confusion; Total Jewelry Demand was put on a second axis.
    May 1 11:36 AM | Likes Like |Link to Comment
  • Gold's Rally And Bubble - What Does The Future Hold? Part I: 10 Years And Demand Sources [View article]
    I might be misunderstood; my idea was that the price would not increase, but rather fall slowly... based on current price of gold $1400 - $1500, the 10-20% decrease that I anticipated taking 3-5 years occurred in just a few days.
    Apr 30 10:51 PM | Likes Like |Link to Comment
  • Gold's Rally And Bubble - What Does The Future Hold? Part I: 10 Years And Demand Sources [View article]
    Although I agree China and India will increase their demand for Gold as they have been and they now constitute the majority of demand, the rest of the world should continue to resist price increases. With the two in opposition, large demand increases / decreases will be unlikely.
    Apr 30 10:42 PM | Likes Like |Link to Comment
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