Skol has now said 99.9% of investors cannot repeatedly time the market. Yet Skol has expressed how he has time every market event since the 1980s. He even stated how he bought something he considered overpriced (silver) just to sell it at the absolute top. Skol's comments are amusing but they don't pass the sniff test
And I wonder how someone who says he has been right about all market events can have the nerve to post here about gold when he has been so obviously wrong. You gotta have nerve to say 'I have been right about all and I am right that when I posted three years ago that gold will crash. Even though gold has doubled since I said it would crash I still declare myself correct'
Ha ha. I just answered my own question. Skol does not measure his correctness or commentary against any unbiased or unfriendly third party. Skol looks in the mirror each day and without observation of anything just says 'mirror, mirror on the wall who's the rightest one of all'
To any Skol reader - off the top of my head I have read Skol say
... World economy going along just fine ... US economy going along just fine ... US debt will be paid off no problem just a little bit at a time ... official interest rates of 21% in 1980 had no bearing on pog fall ... There is (has been nor will be) inflation in the world
The list can go on. Skol parrots the same phrases over and over. And we honestly have no idea why a contrarian is here with no contrarian argument. If he does balance the few overly positive posters, then great.
But to me he is like the few chartists that visit from time to time also declaring they are right 99%. Funny I never worked out how these guys who are right 99% are even here wasting there time. They should be out amassing their trillions to help their families and even mankind. Man oh man. If I was right 99% I would be saving the world. I would not be on hotcopper wasting my time telling a few followers that 'I am the ONE'
