Hawk, I am finding the "Go for gold" mania quite profitable. I bought my first gold [aka GLD] today, which I had already sold, which one can do in the topsy turvy world of financial relativity theory. <Are you so sure that your "go for the gold" premise still stands under such conditions? > When the hysteria exceeds my sooth line by too much [say 20%] then I can short the mania. When the atavistic Aztecs inevitably panic and sell, I can cover the short. After the irrational exuberance of the last couple of decades in various markets, with recent history of the late 1970s as a guide, it's surprising that another mania is so easily adopted. But that's folks. If they aren't in a herd, they aren't happy. They were happily marching and singing and calling Sieg Heil, a few decades ago, ignoring the somewhat obvious fact that not everyone on Earth shared their mania. Oh what fun!! Sing along. One of the goose steppers looks hilarious. youtube.com A bit more colourful but otherwise much the same: youtube.com Something about goose-stepping gives me the creeps.
What's fun in the US$ vs gold instance is that we have folie a deux MADness with gold measuring itself in US$ which is measuring itself in gold. A bit like the theory of relativity with time measuring itself in metres and metres measuring itself in time, with the whole shebang getting quantum entangled in a big mess with Schrodinger's cat not really knowing whether Schrodinger is alive or dead until the box is opened. Meanwhile, the event horizon is being approached as quantum easing accelerates pixelated dollars to the speed of light.
Mqurice
PS: Folie a plusiers <Folie à deux (English pronunciation: /f?'li ? 'du?/, from the French for "a madness shared by two") (or shared psychosis) is a [1] psychiatric syndrome in which symptoms of a delusional belief are transmitted from one individual to another. The same syndrome shared by more than two people may be called folie à trois, folie à quatre,folie en famille or even folie à plusieurs("madness of many"). Recent psychiatric classifications refer to the syndrome as shared psychotic disorder ( DSM-IV) (297.3) andinduced delusional disorder (F.24) in the ICD-10, although the research literature largely uses the original name. The disorder was first conceptualized in 19th century French psychiatry. [2] >
The Cheshire Cat in Alice in Wonderland < Alice's Adventures in WonderlandAlice first encounters it at the Duchess's house in her kitchen, and then later outside on the branches of a tree, where it appears and disappears at will, engaging Alice in amusing but sometimes vexing conversation. The cat sometimes raises philosophical points that annoy or baffle Alice. It does, however, appear to cheer her up when it turns up suddenly at the Queen of Hearts' croquet field, and when sentenced to death baffles everyone by having made its head appear without its body, sparking a massive argument between the executioner and the King and Queen of Hearts about whether something that does not have a body can indeed be beheaded.
At one point, the cat disappears gradually until nothing is left but its grin, prompting Alice to remark that she has often seen a cat without a grin but never a grin without a cat. >
I wonder whether I'm the head, or the cat's body, with TJ having sentenced me to non-existence, or maybe just a grin floating around in ghostly form. He can detect my presence by the variation in GLD and gold price as my gravitational financial force moves around it. |