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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Giordano Bruno who wrote (86544)1/28/2012 2:16:41 PM
From: Maurice Winn1 Recommendation  Read Replies (2) | Respond to of 220061
 
Mobile Cyberspace a fad? Were cars a fad? How about the horse? Spectacles? Electricity? Okay, the promised land and second coming are just over the horizon. If you get up a mountain top, you'll be the first to see it coming. < Mobile Cyberspace is a fad - gold isn't.
Simplicity is just over the horizon.
>

Gold is irrational exuberance. A fad. Speculators will lose their shirts. It's a zero-sum game so there will be winning speculators of course, such as me - my profits were fine thanks. But those buying at the peak will regret their decision.

This is just another bubble. It doesn't cost $2000 to dig gold out of the ground.

Mqurice