I mentioned "Don't be a dope, buy gold."
I forgot to define "dope."
Dope: See "RonMerks" Dope Meter: See Gold 200 DMA
Ron, I would explain the basics concerning the dollar, slowing economy, inflation, and the similarities of the present to the stagflation of the 1970s, but clearly by your post, you wouldn't get it or even have a chance of understanding.
For you son, all I can recommend is that you watch the "RonMerks DOPE METER," the 200 dma for gold, i.e., as it crosses from below and moves higher, look in the mirror and you'll see a bigger dope each day. And for our added entertainment, to prove yourself as a loyal flock follower, I would suggest you try shorting the gold market here and now.
PS
"I was a bug in the middle of that and I bet you weren't even born yet."
You lost that bet - how much you willing to fork over? |