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<p>[QUOTE=&quot;fatima, post: 1554249, member: 22143&quot;]Here is a different perspective.&nbsp; </p><p><br /></p><ul> <li>China &amp; India have a population of 2.5 billion people or close to 1/3rd of the world&#039;s population.&nbsp; Let&#039;s call these people the 1/3rd.</li> <li>Growing numbers of the 1/3rd have disposable income.&nbsp; </li> <li>The 1/3 have a cultural and practical distrust of fiat based banking.&nbsp; They value hard financial assets.</li> <li>There is relatively little gold in China &amp; India.&nbsp; It&#039;s either undiscovered and/or the West stole it over the centuries. </li> <li>Instead, the vast bulk of the world&#039;s gold is held in the USA &amp; Europe.&nbsp;&nbsp;</li> </ul><p><br /></p><p>So what about the West?</p><p><br /></p><ul> <li>The USA, EU, Switzerland &amp; Canada have a population 850M or a little more than 1/9th the world&#039;s population.&nbsp; Lets call these people the 1/9th.</li> <li>Increasing numbers of the 1/9th finds itself burdened with too much debt &amp; decreasing incomes.&nbsp; </li> <li>The 1/9th is now completely vested in fiat based banking and for generations have little understanding of hard financial assets.&nbsp; They gladly sell these assets to support their lifestyle. </li> <li><u>Most importantly</u>. The 1/3rd without gold now produces huge amounts of products and services to needed to support the lifestyle of the 1/9th who have the gold.</li> </ul><p><br /></p><p>It shouldn&#039;t be hard to see how this ends up.&nbsp;&nbsp; </p><p><br /></p><p>How fast prices are driven up by it however are another matter.&nbsp; It is hugely dependent upon how hard the 1/9th holds onto its gold.&nbsp; (and silver too for that matter).&nbsp; &nbsp; I&#039;m thinking, right now and present company excluded, that vast majority of people in the USA don&#039;t care too much for the gold they hold.&nbsp; They gladly take their gold items to the C4G places and hand it over for some pretty pieces of paper with pictures of dead presidents on them.&nbsp; They have no care that this gold is being recast into bullion to be snapped up by the crowds of the 1/3rd. </p><p><br /></p><p>When the day comes where the 1/9th stops selling its gold to the 1/3rd, is the day when prices will skyrocket.&nbsp; (well.....&nbsp; it probably won&#039;t happen in just one day)[/QUOTE]</p><p><br /></p>

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