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To: upanddown who wrote (103956)8/25/2011 8:35:19 PM
From: Dale BakerRead Replies (1) | Respond to of 118717
 
I inherited some gold coins that were bought at the peak of the last bubble in the late 1970's. Hanging on to them let me "ride the bubble" in a tiny way but also reminded me about the madness of crowds when these bubbles take hold.

More than 30 years later, those coins have not returned to their inflation-adjusted purchase price.



To: upanddown who wrote (103956)8/26/2011 4:34:00 PM
From: Cogito Ergo SumRead Replies (2) | Respond to of 118717
 
FIAT... think of a line of credit with no limit and no collateral... whether or not gold is the right collateral is an entirely different thing :O)

or it's one of these beauties..


This poster likes gold.. and his road map has been better than any analyst I can think of since 2001

Member 7255592 FWIW...

EDIT: it's not just gold that he likes.. HK rental real estate for example...


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