[john kane]

this is a really interesting discussion.

the main reason i am wanting to invest heavily in gold is because i think the us economy is more likely to weaken than strengthen. given this will hopefully have a positive effect on the dollar.

also in general i have been trying to invest in companies nobody is predicting a crash, yet some people are predicting a boom. when i bought my gaming shares, i read up on what people were saying the weeks beforehand and some were still saying it could go lower. i bought when the significant majority were saying buy. this meant i bought party at 27p the lowest it ever hit. yes, i know very lucky, for sportingbet i bought at 44p and it went down to 35p or so, but still, its up over 55p now.

anyways, its been the same for uranium and gold. nobody i can find is predicting a crash, yet some people are predicting a continued surge.

you can find countless reports in 2006 onwards of uranium by googling and the overwhelming majority say to invest. maybe thats just becuase they get more hits than the doomsdayer ones, or becuase most sites are promoting people to invest.

but the same applies to gold (and even more silver i'd say) that people are saying to buy.

ask me technical reasons why i should buy? i can't. but i don't feel i need to. so long as i keep up to date by reading reports etc, i feel that keeps me in touch.

gull, i read something recently how people in the 19x0s (x = 6-8, cant remember) were queueing for numerous hours to buy gold coins as they felt that was the only safe purchase to make.

i dont think we need society to 'collapse' in order for gold to surge, we just need a bear market run.