Hello TJ; You may be right. I am betting Ron will be proven wrong again over the coming 5 years
I am no fan of any currency longer term. Message 22711720
But I think your viewpoint has been well documented, agreed with, commented on, affirmed, duplicated, aped. As well as variations on the theme. You are an extremely good writer, confident in your view and very convincing in your argument. Added and abetted by the fact gold has gone up, what? Close to 3 fold since you first wrote about it? (I won't mention google shorts nor the timing on housing shorts).
Sooo, I think it is good to have an opposing view, least we on this thread get that blinded glare of belief without examination, conviction without fact.
Many on SI were making huge gains daily in 99-00 and thought it was a new era of Technology. Some were so convinced they flamed anyone who had a different view, even one backed up by facts. So convinced that, not only did they refuse to take profits, they bought the dips. From time to time when post starts sounding the same, when every one is convinced they know and we are all patting ourselves on the back for our genius, then it is good to see a post au contraire! All IMHO.
regards
Ray |