With which Peter Cohan seems to agree:
The key hasn't been any inherent increase in gold's value to society. Instead, gold rose because a South African mine owner -- with help from consulting firm Bain & Co. -- invented a way to sell it to the masses without the hassle of physically delivering the shiny metal, explains a Bloomberg BusinessWeek article published Sunday. The question now is: How will the masses react when the parabolic price rise facilitated by this marketing coup ends up collapsing?
Me too. It's an easy place for fear to tread.
The rest is here.
