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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: pogohere who wrote (101401)2/16/2009 9:04:53 PM
From: Hawkmoon  Read Replies (3) of 110194
 
There could be a Darwin Award winner here.

Question.. How is the call, last summer, for oil to go above $200/bbl any different than the current call for POG to go to $1,200/ounce?

In both cases it was perceived as inevitable. But in the case of the former, we've seen what actually occurred.

I'm more inclined to believe that gold is in the same form of bubble mentality that we saw with oil last summer.

Hawk
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