Jubilee Prosperity

The posts were removed and replaced with an increased offer by the blogger wagering $100,000. Accepting this bet was also deleted, ignored or blocked.

Here’s the latest post comment number that was eliminated:

http://grandich.agoracom.com/2010/02/calling-all-gold-perma-bears/comment-page-1/#comment-20400

Try accepting his bet.

This was certifiable mania, if not outright fraud.

Recall Charles MacKay:

Of all the offspring of Time, Error is the most ancient, and is so old and familiar an acquaintance, that Truth, when discovered, comes upon most of us like an intruder, and meets the intruder’s welcome.

http://en.wikipedia.org/wiki/Extraordinary_Popular_Delusions_and_the_Madness_of_Crowds

The fundamental human condition at tops that has not changed for 12 millennia is greed.

More to the point, reducing and clarifying many thoughts and words to the bottom line, is this:

Big4 were not only short gold and silver since they peaked at $1226.40 and $19.45 on Wednesday 3 December 2009, they are now more short.

Who would you believe – free gold infomercials and websites appealing to greed by putting your retirement plan into their product, or what the richest four traders in the world may be doing quietly?

Big4.

Thus, while inundated with images of Olympic Gold in Summer of 2008 in Beijing and Winter of 2010 in Vancouver, we are reminded of the epic Clash of the Titans, coming soon to a neighborhood near us.

This Clash is actually a remake of the 1981 movie starring Sir Laurence Olivier in the myth of Perseus and his quest to battle both Medusa and the Kraken monster to save the Princess Andromeda.

http://clash-of-the-titans.warnerbros.com/

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This entry was posted on Sunday, February 28th, 2010 at 5:38 pm and is filed under Capital Preservation. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.