E Thomas St.

No Gold Bubble

Wouldn't a bold declaration stating that some asset is not in a bubble despite a large gain be right in line with every other bubble that we've experienced? I don't see why gold is "different this time".

Also, for everyone going long gold, when do you plan to sell? And if you never plan to sell is that based on the belief that entire societal collapse is around the corner? And if you hold that belief firmly, wouldn't you be better off purchasing goods that will sustain you in the future (Like guns, ammo, PVC piping, solar panels) rather than trying to purchase wealth for the future?

Gold: The Only Remaining Bubble?

When does a goldbug ever sell gold? When does a goldbug ever think it is a bad time to own gold?

What Is Going On With Gold?

Every monetary system in the first world is fiat or a hybrid. This trope you keep pushing seems to ignore that fact. In reality every metal backed based monetary system has failed because obviously no country is using it.

On Jan 08 09:44 AM John Polomny wrote:

> The only problem with your analysis is that gold has been up every
> year for the last eight years. That includes the 4.8% gain last year.
> Your analysis that the dollar is the best of a bad lot is correct
> however a paradigm shift is slowly occuring. Every fiat monetary
> system in history has failed and this one will also. One most keep
> in mind that just because something is certain doesnt mean it is
> imminent.