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


To: bart13 who wrote (86549)1/28/2012 2:53:15 PM
From: Maurice Winn1 Recommendation  Respond to of 220169
 
Quite right, when Irrational Exuberance is on, again, with Mindless Zombies doing the usual no-brainer investment to get rich quick, you have to be in to win: < As they always do - and zero reason not to buy... just an old old saw and sophistry.> For some reason though, the last ones in didn't realize they were the last ones in. In the housing mania, still grinding millions into poverty, Mindless Zombies borrowed and hoped, believing the old saws and sophistry - "Houses never go down", "They aren't building any more beachfront", and all the other slogans and cliches.

I hope to buy more gold. I enjoyed buying my last lot a month or so ago at the bottom. I never imagined I'd buy so much gold.

I don't mind Irrational Exuberance. I'm happy to supply the enthusiasts with whatever they are wanting to buy. If they want gold at $10,000 an ounce, I'll be happy to sell them tons of the stuff. Those are 2011 dollars of course, not the Zimbabwean version of some time in the future. If I can dig gold at $400 and sell it at $10,000 you can be sure I'll be supplying a LOT of the stuff.

Mqurice