Gold Fever~ The Epic Clash of Olympic Titans
Let’s not confuse the costs of government with asset inflation or deflation, the natural Jubilee Generation cycle with its decadal plus seasons.
http://www.kondratyev.com/reference/theory_explained.htm
The next TopTen comes out on or before Saturday 20 March 2010, the Spring Equinox, when day is as long as night, when clocks and hopes spring forward and scarce crops are planted.
Spring comes at 1:32 PM EDT this year, so we reset our watch before.
TopTen subscribers are also protected by a full money back guarantee if the value ideas do not more than cover subscription cost in one year.
Beyond private property rights, the reason our subscription ideas are copyrighted and costly is they are good and unpopular.
If they became popular, results might change.
We invest in neither the greater fool theory, nor the zero sum game, but the win, win, win.
That brings up this post’s topic: Gold Fever.
In recent posts we did our best to present the power of contrary opinion at turning points of maximum optimism and pessimism such as now.
We apologize if we were not clear, or if we were too repetitive.
We are not trying to persuade anyone of anything. We do like to share.
Mr Buffett casually mentioned on Friday 17 October 2008 in the New York Times that he was buying. He said:
I’ve been buying American stocks. Why? A simple rule: Be fearful when others are greedy, and be greedy when others are fearful.
http://www.nytimes.com/2008/10/17/opinion/17buffett.html
He later wrote an article on the Greenback Effect that led many to suspect he may be bracing for hyperinflation.
http://www.nytimes.com/2009/08/19/opinion/19buffett.html










March 1st, 2010 at 12:19 am
The google ad inserted into this page when I read it was
“Gold prices are rocketing – Join The Gold Rush – Trade Gold Online”
As Bart Simpson would say…”The ironing is delicious”.
Personally I don’t think the gold top is in, but you may be right and I may be wrong.
I also posted on Pete Grandich’s site that I know at least one person who tried to take the other side of his bet and his comment was deleted. My comment is “under moderation”.
Best.
-mark
March 1st, 2010 at 2:04 am
Aloha Mark
Mahalo.
Yes, irony may be the ultimate contrary indicator.
At least you got under moderation, LOL.
As of this moment, your and my posts have still not shown up
and he is claiming no one took him up on his offers.
http://grandich.agoracom.com/
Guess we can’t believe everything we see on the web, even
from people with a lot of publicity.
Karma always catches up.
Time will tell about the top.
Meanwhile Trailing Buy and Sell Stops are an investor’s best friend…
Regards All*Rich