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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Zeev Hed who wrote (70561)5/23/2002 12:25:54 AM
From: chainik  Read Replies (3) of 99280
 
Zeev, may I ask you why do you prefer to stay away from gold?

The way I see it, as time goes by, more and more "investors" including LTBHers will understand that they were "investing" in a big pyramid, that "business models" of many companies were just schemes to enrich certain people at the expense of "investors". Many understand it now but continue to play (I suppose you are one of these people). Real companies with real E are likely to have surreal P/E.

My point: why playing gold pyramid is any worse than playing ARBA or INKT or AKAM or nasdaq in general? At the very least gold is for real and the game is more fair. Rules are the same.

I guess I just miss your posts like "just bought NEM at 77.77" :)
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