By Ronald-Peter Stoferle, Incrementum AG Lichtenstein
Why Is Gold Such A Highly Emotional Topic? Possible Reasons For “AUROPHOBIA”
November 6 (King World News)
It appears as though there are only two camps when it comes to gold: people who love gold (a.k.a. 'gold bugs') or people who hate it. Between those two extremes there appears to be very few shades of gray, and people are only very slowly moving from one camp to the other. Gold is having a hard time ridding itself of the reputation of being a “barbarous relic”; a reputation created in the 1980s and 1990s. Demystification and relativization as far as a number of unshakable myths and misunderstandings go (“buying physical gold is expensive”, “gold is highly speculative” etc) are slow....