Robert Mish: Front-Line Observations from a Seasoned Gold & Silver Bullion Dealer
"Spikes and plunges in the U.S. dollar price of gold; this is not new. It goes back to the early 1970s. We remember that for most of the past 40 years, physical gold and silver investors, particularly in the U.S., tended to chase big rallies and buy late, while too often selling after plunges or after long periods of price erosion." 0:41.35 video
Sat, 27 Apr 2013 011:48:00 PDT
Robert Mish: Front-Line Evidence That We Are Nowhere Near a Gold Bubble
"Robert Mish has been a precious metals dealer for nearly 50 years and knows what gold bubble mania looks like. We are nowhere near that stage, in his opinion. Instead, he sees a US populace largely unappreciative of holding precious metal as a store of wealth, and engaged in a slow process of dis-hording their gold and silver to eager foreign buyers, who are more than happy to take the bullion back to their shores." 0:28.20 video
" The public's demand for gold coins has increased so much that not only myself but all of my colleagues have seen their inventories depleted. Gold has no debt against it, cannot go to zero, and throughout history has been the storehouse of value simply because the marketplace has given it that status." 0:07.22 audio (segment starts at 02.49)