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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: SliderOnTheBlack who wrote (90447)4/27/2001 11:08:45 AM
From: TRUE_TRUTH  Read Replies (1) of 95453
 
Slider,

I have read all of your notes the last 3 months about how bad the economy is and why we should all buy gold.
I have just one question, then I will go away for another 3 months. No one here, not even those chiuhuahuas as
you put it believe in the efficient market hypothesis on a micro or individual stock level.

I know you don't.

Why on earth do you then rail about the inefficient macro economy or even worse the macro global economy? Why do you believe that it on such a grand scale the world is supposed to act in a text book manner that is "unrigged"?

As we all know bubbles can go on for a long time, and inefficiencies can go for a long time, ESPECIALLY when there are structural and physcological factors.

You will be right some day about gold, but when that is may be soon, and it may not be soon because markets
don't respond to logic at all times do they?

Truth
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