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<p>[QUOTE="Rono, post: 1093050, member: 6492"]Howdy,</p><p> </p><p>Egypt is spooking the whole world. Not sure how much is impacting the POG. It seems to want to go up anyway. Tough to tell but the latent demand may be putting in a floor. This is what's been happening all thru this current bull run. Everytime gold pulls back, for whatever reason, buyers come in from all quarters and start buying. Sometimes this has been major buys, but most often it's just the sum total of demand from various places. You've got gov'ts still buying whatever the IMF is selling and I would presume there would be major buyers for any CB sale. You've got institutional buyers trying estabish a core gold holding and this same applies to individual plain vanilla investors. Most decent advisors have been on board for a year or so. You've got folks like us. And you've got survivalists. Oh, and industry. Anyone I leave out. BTW, curious fact I learned. Silver is a better conductor than copper or gold. Gold's not that great but is used for plug-ends because it doesn't corrode. Recall that unlike silver, gold doesn't tarnish.</p><p> </p><p>and so it goes,</p><p> </p><p>peace,</p><p> </p><p>rono[/QUOTE]</p><p><br /></p>
[QUOTE="Rono, post: 1093050, member: 6492"]Howdy, Egypt is spooking the whole world. Not sure how much is impacting the POG. It seems to want to go up anyway. Tough to tell but the latent demand may be putting in a floor. This is what's been happening all thru this current bull run. Everytime gold pulls back, for whatever reason, buyers come in from all quarters and start buying. Sometimes this has been major buys, but most often it's just the sum total of demand from various places. You've got gov'ts still buying whatever the IMF is selling and I would presume there would be major buyers for any CB sale. You've got institutional buyers trying estabish a core gold holding and this same applies to individual plain vanilla investors. Most decent advisors have been on board for a year or so. You've got folks like us. And you've got survivalists. Oh, and industry. Anyone I leave out. BTW, curious fact I learned. Silver is a better conductor than copper or gold. Gold's not that great but is used for plug-ends because it doesn't corrode. Recall that unlike silver, gold doesn't tarnish. and so it goes, peace, rono[/QUOTE]
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