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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Lucretius who wrote (215063)1/16/2003 3:02:46 PM
From: Tommaso  Read Replies (2) of 436258
 
I heard some idiot suggest that of all this fiat money that is blowing around the world, it would only take a small part to set the gold market off on a toot that would surpass the tech stock bubble. After all, says this ignorant jerk, you can't just buy yourself a business license and sell stock in a gold mine the way you can invent something called Tronographicon.com--or rather, it hasn't happened yet in a big way.

Take 10% of your home equity, buy gold stocks, and six months later pay off your entire mortgage with the winnings. What a stupid idea.

Happily, as we all know here, gold is headed nowhere but down, down and out, back to $35 an ounce eventually. Short it.
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