Normal
Gold is yesterdays symbolic wealth and is going the way of shells and trinkets.Tomorrows wealth will be based on the production of goods and services as it has been for the last 50 years. The exception being the times when people have created a money supply based on pyramid selling. The IT boom and bust is an example. We are having a mini boom and bust in uranium, iron ore and other metal stocks where some "never to be" producers cashed in and were sold on the back of the successful ones. We have had a boom and bust now of the financial world. The future is goods and services. Australia's future is tied to successful selling those goods and services to China and India.
Gold is yesterdays symbolic wealth and is going the way of shells and trinkets.
Tomorrows wealth will be based on the production of goods and services as it has been for the last 50 years. The exception being the times when people have created a money supply based on pyramid selling. The IT boom and bust is an example. We are having a mini boom and bust in uranium, iron ore and other metal stocks where some "never to be" producers cashed in and were sold on the back of the successful ones. We have had a boom and bust now of the financial world. The future is goods and services. Australia's future is tied to successful selling those goods and services to China and India.
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