Appetite
posted on
Feb 26, 2009 06:23AM
(PRESS PROFILE TAB FOR FACT SHEET & UPDATES)
re promo money
Appetite is a funny thing.
You get to thinking what you are going to make for dinner and decide. Ahh tonight I'll cook up some canellini beans with olive oil and seasonings. Chop up some red onion and dip some Italian bread into the mixture and scoop up the combo and enjoy it with a glass or two of red wine. You get your heart set on "that meal" and if someone calls you up for a barbecue, even a fine barbecue of fresh shrimp, you find it hard to switch gears and get your mind to enjoying what is going to be a superior meal by comparison.
Right now, the investors of the world have their heart on that which they like and to which they are accustomed (stocks etc.). Gold is the superior meal, but very few have even received the invitation for the better meal. Some have and have decided to stay home. A few have and are happily dining on shrimp; but there are very few at the gathering. As time passes more and more will get the call and more will respond.
Since all are welcome and the party keeps growing, the party draws more and more attention. More invitations are sent out. Soon people are coming who don't even care what's on the menu but are coming because this is where the party is. That's when its time to leave.
We can't force or enforce a change of appetite, and the time has not yet arrived for people to come to the "wealth insurance" of precious metals. Soon, as inflation starts and the public "sees" the prices substantially increasing, more will opt for the barbecued shrimp. Promotion done at that time will be effective; promotion done now will fall on "deaf" hearts that still want to eat beans.
There is nothing to do but wait. Appetites for a particular meal can be very strong; but appetites do change. Many things we could not stand as a child we eat with great delight as adults. Investing appetites change too, give it a bit more time.
P.