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Don't be bashful about gold

Wasn’t it the old Dragnet TV series that said the names had been changed to protect the innocent?

Well, gold bugs like a little screen between themselves and the rest of the world, too.

Yesterday’s topic elicited an e-mail that I will show in part here.

“After you and I spoke on this after Pat’s column about two months ago, both myself and a top gold, gold futures and gold equities analysis firm that I deal with agree that his opinions are ‘solid gold.’ Are his opinions likely to ruffle some feathers? Sure. But then there are still a lot of people in denial about the strength of U.S. banks, the U.S. stock market and the dollar. This is one more reason I plan to retire in Asia.

“Give us more of Pat! Please feel free to share my thoughts with him.”

Hey, I will share these thoughts with more than just Pat. They can kick off the discussion.

I have to admit I was a little disappointed to see that no comments were posted below my comments yesterday on Perhaps people are thinking about it. Perhaps it is simply a slow summertime period and they will think about that tomorrow, not unlike Scarlett O’Hara in Gone with the Wind.

People who believe in gold don’t want to be reduced to wearing the drapes because they didn’t take precautions against inflation.