hello risk, i am wondering what the good people in Reykjavik think of gold right this day, yesterday, tomorrow, and a year ago. i would wager that some of them may be wishing to travel back in time, to mineralize the surplus savings that they could have, as opposed to ... well, just about anything else
now, we fractal scale up, picturing a monetary crisis that is global in nature, all encompassing, all engulfing, all voracious, like a black hole that allows not even photons to escape, but never the less contained, to planet earth
now you can see why waiting for gold to reach 400 is not an option, especially for some who had been buying gold all along, some at even below 400 an oz
like noted here, back in September of 1999 Message 11223701 when gold was at US$ 256, say
or more explicitly, almost bear pornographically, here Message 11919728 <<spillover of mania to other asset classes - hegde with GOLD via selling of puts>> on November 13th, 1999
gold, it is for the ages
carthage to new york, when bear market is at the city gates |
