I have read, literally, hundreds of comments on this tread. Most of them are intelligent, insightful, and at least thought provoking. Excellent job by everyone. But the most profound comment was made either yesterday or today. The person stated (as close as I can recall) that "...when things approach their extremes, they take an opposite direction."
I had to think about this for awhile, but isn't this a basic law of nature? WOW !
The current situation is insane. Even gold bears are shaking their heads. Ratios are all out of whack. Currencies are falling apart (and don't think it can't happen to the US). The 3,000 year old currency base, gold, is being kicked and kicked and kicked. Whoever heard of derivatives of derivatives of derivatives? Isn't that getting to a straight line? And don't be naive for one second that all of this is matters running their own course; there is a lot going on behind the scenes and you and I don't have an inkling about. There are Washington lies on top of Moscow lies on top of Hong Kong lies on top of Osaka lies on top of London lies on and on. THe world always had and always will have the 'haves' and 'have nots', but when things get this far out of whack....well I'm afraid to think what might happen.
Anyway,
what better way to bring things back into perspective but to normalize currencies with gold? What better way to normalize this crazy world.
I'm not sure where the bottom will be but I will be accumulating from this point onward whenever I can. The lies, the Clintons, the Greenspans won't be here forever. Time will worsen or correct the situation; but in any case....an opposite direction will occur. |
