Richard, this CIO Hugh Johnson of First Albany might be the last of
those men like Warren Buffet who lived in the age of us where rules
and regulations and common sense and a slower life style were looked
upon as good times where everyone had a good balance of work and play
and sleep and family and the time for reflection of choice.
<< I [Hugh Johnson], quite frankly, am mystified by the fact
that gold stocks are not performing better.>>
After reading the above, I went to his web site in the frame of mind
that this wise man should become aware that the world he now lives in
has changed and is not anymore a place where the good was expected to
represent what we are as a people, and the bad was to be understood as
always existing and fighting for control.
Seemed to be the correct thing to do, but I hesitated not knowing why.
Then I remembered a fact of life that must be learned the hard way
thru an unpleasant experience, those facts we heard whispered by those
older than us, and upon asking for more information from those that
knew of something not to be talked openly in public, they would back
away and withdraw. At first I thought that they were just trying to
protect me from a Dark Side of Life, as if it was elsewhere and not
here and would remain elsewhere if it was not discussed in the open,
and the fewer people aware of it, the less it will be.
But today, now, its out in the open, and at times it seems that there
is no longer something to avoid or hide, that now it simply part of
the whole and should be viewed as another way to be, equal to the other,
and looked upon as not seperate, but one part of a whole, where the
whole is to viewed as not seperate parts, but a combination of many,
and each that makes up the whole cannot be judged as good or bad, but
just one of many things that creates an end result.
<<couldn't get him to shut up, much like some SI GPM posters. <VBG> >>
Talk about being the last to know, I couldn't figure out what is GPM,
I looked in dictionary, but no, search for a web title, again no,
then inside all SI posts, and dumb I felt, GPM = this thread's name.
No problem, rather be dumb than stupid or ignorant.
Which is a good lead-in to introduce Ron Reece and Hutch to this post.
As noticed today was "Hedge Day, it is or it is not"
Something like GrounHog Day, to know if the coming winter will be
hard or easy, depending on WoodChucka(s) shadow, to be or not to be.
But where there can be many Santa Clauses roaming the sideways of USA
close to Christmas time, or inside some extra eager department stores
the day after Thanksgiven hoping to put customers into the mood for ?,
there is only one Saint Nicholas, the same way there is only one SI
threader available to keep the laws of nature, the physical sciences,
from taking on the consistency of firm mush, malleability to the oint
of becoming spoken of in a malign fashion.
So, whereas we have only one Ze'ev Hed to guide and help us understand the
mysteries of the universe and prevent any of us from causing damage to it's
fabrics, we on this thread have Hutch, Double D, Ken Benes, Ron Reece and
others who have not posted today, on the safe and correct use of hedging.
Project this chaos into the real world, and its no wonder that black holes
and grey holes and worm holes and stink holes and unreal holes, and those
un-holes called bubbles, exist.
Doug |
