SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor
GDXJ 93.03+3.0%Nov 7 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bobby Yellin who wrote (43760)10/25/1999 2:44:00 PM
From: ahhaha  Read Replies (2) of 116753
 
Wage restraint is disappearing and that was the true significance of the shipping cartel item.

The theory of contrary opinion is perfectly ambiguous. You will never know the opinion which is dominate and you will never know which opinion to go contrary. Who said dominant opinion is wrong? Mostly it's right.

There is no recession anywhere near. Y2K is pure nonsense. Now there is a good example where contrary opinion might work.

The stock market is simply working off excesses. It might take until January to finish this process, but then there will be an extended rally and people will en masse believe the bull market is on again. That includes your always right pro. His previous claims will become no longer operational. Price converts all rational thinking to nonsense.

Then the stock market will hit the skids and the gradual long term down trend will slowly become evident. A bear market doesn't have to drop like a rock to be nasty. Actually the worst kind is the slow deteriorating down trend created by the FED's laying down retreating fire against the encroaching recession in order to protect us against bad times. It is in this environment that gold shines regardless of idiot hedging.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News