sarge,
What I'm saying is that goldbugs think the gold market is irrational, but actually it's not, goldbugs are irrational.
They think the gold market's irrational because there should be a great depression, gold should be anywhere between $3000 - $1m. Not joking $1m, but mostly the 'experts' think gold should be way higher than where it is now, but it isn't. Generally of course goldbugs represent the more extreme of our society, burying gold in the garden, the 'secret spot', the illuminati, the Rothschilds, the Fed and all the others responsible for their misfortune, but as Ned Kelly said on the gallows, "such is life".
Goldbug psychology is a wonder to behold, which is what this thread is all about.
Add to My Watchlist
What is My Watchlist?