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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: koan who wrote (61813)10/22/2008 8:40:58 AM
From: tyc:>   of 78410
 
>>>"This guy knows exactly the way it worked.... "

Who does ? Are you saying that Taleb does ? I thought that his whole thesis was "I don't know (how it worked)and those that think they do are probably wrong because the world does not work according to mathematical theory nor models".

I think he also would advocate, "don't bet against a Black Swan".

If you project this theory to today's markets, the Black Swans would be the creation of new mines such as envisaged by NGD and TRX. Being long here is smarter than being short, buying smarter than selling, that's for sure.
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