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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: pezz who wrote (20186)6/24/2002 6:29:09 PM
From: TobagoJack  Read Replies (2) of 74559
 
Hi Pezz, <<I just jumpted onna bandwagon.... I'm just not used to this sorta thing.... Not jumping off when the wagon slows down I mean>>

I just file a mental note away, reminding me to seriously consider sell my gold, paper and physical, when Maurice informs us that he got on the metallic wagon.

I would not worry too much about the direction of gold, for it will continue to be up, guaranteed by all the paper printed to mask what no one can hide ... no profit, no investment, no good paying job creation, no animal spirit, no valuation bargains, no equity backing for debt mountain, not enough time to save for retirement, no peace, and no leadership.

I will say the hope, apparently eternal, is still strong. This will make a difference to the degree of cleansing we ultimately reach, and as matters go, the cleansing will be very thorough. I mean, if clowns like I are willing to buy RAD, what must other clowns be doing?

Chugs, Jay
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