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<p>[QUOTE=&quot;GoldFinger1969, post: 26110819, member: 73489&quot;]It&#039;s not tenacity or the other issues you cite. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p><b>It&#039;s more people able to buy something.</b></p><p><br /></p><p><i>How many people had color TVs in the 1960&#039;s and 1970&#039;s ? </i> I&#039;d say maybe 10% of my middle-class friends had even 1 color TV in the house (and usually in the parent&#039;s bedroom).&nbsp; Now, everybody has color TV since thge 1980&#039;s.</p><p><br /></p><p>I&#039;m not a goldbug.&nbsp; People want to hold some gold for various reasons that have NOTHING to do with economic collapse or inflation....though other countries having had economic and financial market WIPE-OUTS (i.e., stocks go to zero because of war or hyperinflation) over the decades.&nbsp; That is something that has NEVER happened to the United States.&nbsp; </p><p><br /></p><p><b>Gold is going up because demand is outstripping supply,</b> it&#039;s not Rocket Science.&nbsp; I&#039;m just trying to see where the increase in demand is coming from and why supply has stagnated (mostly stagnant mine production, no CB sales).&nbsp; </p><p><br /></p><p>We can disagree on WHY supply is stagnant and WHY demand is increasing or if it is rationale or preventive.&nbsp; But we can&#039;t deny the trends.[/QUOTE]</p><p><br /></p>

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