Gold Fundamentals 2, by Adam Hamilton
http://www.zealllc.com/2008/goldfund2.htm
“During the 1970s gold bull, Wall Street hated gold just like it does today. So back then many investors couldn’t learn about gold because the mainstream media monopolized information flow. Lack of widely-available good analysis on gold retarded that famous gold bull, which was still very large (+2,332%!). But thanks to the Internet, the mainstream media’s stranglehold on information has been shattered. Today anyone anywhere can easily learn about gold fundamentals. This is very bullish for gold.
The bottom line is gold’s fundamentals are more bullish today than ever. Despite relatively high prices, mined supply is shrinking. Central banks’ relative power in this market is waning dramatically. And thanks to both natural market forces and artificial manipulation contrivances, global investment demand for gold is likely to grow tremendously from today’s levels. This secular gold bull is far from over friends!”
