Hey I can't help it if your country insist on lieing about there economics. Why not mount a rally, and ask for the resignation of the US FED. Their the ones blowing the dollar up, and the foreign economies apart. In your world the only real currency is gold. Sure, but there isn't enough to go around...
Never said noone looses. Orange country put an idiot in charged of their finances. Many have bought Gold stocks at $320, saying it's going to go up... Well I'm still waiting! And that was APRIL. Many people were wrong than, and if you think it'll go up now? WHY? Even gold stocks are a believe in a system of Voodoo economics.
It's not my fault your loosing money? Please don't take it out on me. I've never said that GOLD is worthless. I just said that timing is the KEY! The largest CON in the world comes from Mutual funds:"Never try to time the market" Bull, always dollar cost average in on your timing. Sorry to say, but in your world, a stock is a virtual Doodoo too. After all, they are based on forward looking preception.
PS: Please don't miss-quote me: "A derivative has just as much store of value as does an index, option, future, future option, swaption, currency, GOLD, silver, bond, TED spread, or any other investment instrument."
Bonds can go into Default, Gold can get confiscated. Indexs can get manipulated... So your point is? MOOT
PPS: I still respect you. |
