I am at the BJ airport lounge, readying for 8:00am flight back to doom central;0)
Interesting what is going on here (BJ). Many, too many to count, pieces of newly cleared land. I do not ordinarily get out of hotel much. This time I did, and I am SHOCKED, even more so than when I first saw Shanghai's Pudong back in 1996.
There apparently is more planned and approved construction square meters in this city than all of Europe! Not sure whether East or West or both. Hardly matters. Bubble, no doubt, but really early days.
Chugs, Jay
Yeah yeah, I saw that gold price!
Excuse me for a moment of weakness ... to da mooon! you got to be in to be in! If everybody buys one ounce ...
But, Joel, I do not know why everyone is so shocked and surprised, or amazed. We are really still in the embryo days of a bubble, and no Maurice, it is not too late to get on the magic carpet ride.
David, stop talking about P/E and NEM in the same sentence. P/E is meaningless in the context of all encompassing fear, and pervasive distrust, about and of everything.
If you were Warren all-you-can-eat, what would you be wanting to do about protecting value of wealth? |
