Clowns won't believe in gold for another year, easy.
First, they're clowns. They are not leaders, they are followers. Gold hit twenty-year lows only in the past few months. No "momentum" yet. Buy low, sell high? No, for a clown, it's buy high, sell higher.
Second, we still have the PPT hard at work with direct action to support the SM. "Buy and hold" and "Dollar cost averaging" have worked so far because Greenspan has always bailed them out. That will end, and soon, but there are still a few interest points to go.
Third, well, they're clowns (again.) As we have seen for more than a year, clowns will more often than not hold a stock all the way to bankruptcy. They will indeed be wiped out on Cisco and Lucent before they get the sense to sell them.
Fourth, we read "gold is obsolete as an investment" BS on a daily basis. That would have to stop. CNBS takes every opportunity to wave away any strength in gold for example. If it ain't served up by CNBC, it ain't clown food. (sm)
Fifth, the big boys need to get out of their tech crap and into gold before giving the ok to CNBC et al to get the word out. This is very closely related to the previous issue, but it is in fact separate. |
