Hello Pezz,
siliconinvestor.com
<<As time goes on this chart looks uglier and uglier... Of course WTFDIK ?>>
It is not a question of what we know, for we know very little. 'Not knowing' is one of the fundamental parameters of the game. We do not even know whether the purchasing power of 1 USD is going up or down, much less anything else worth knowing.
For example, while the USD is falling, HK prices are deflating, even as my NAV, in USD term, rises ...
quote.bloomberg.com
North Asia News
Thu, 23 May 2002, 5:19pm HKT
Hong Kong April Consumer Prices Fall 3.1%, Accelerating Decline
By Thomas Lau
So, back to RAD.
RAD will flip and flop, like a head without shoulders, and will, in time, either disappear or rise, and that is also one of the fundamental rules of the game.
RAD is not where the action is, and so no one will give two hoots about RAD, except the insiders, like Trini bandits in the night, but in broad daylight. We can safely leave RAD in the care of time.
Forget about RAD until I remind you of it.
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<<gold … headlines .. modest 2 year high>>
and my disjointed summary of what you wrote says it all. Here, let us try it again …
<plug in asset name> making headlines and achieving as yet modest but nonetheless 24 months highs.
<<am amazed as to how many mining shares are making new highs>>
Why are you amazed? It is not as if you didn't get an invitation to the party. Did you perhaps misplace the card or were you just too busy to attend. Show up now, for we have not even started with the cocktails yet:0)
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