lol KS I too have that same PHD. The one point I guess is that when these so called experts were making these calls it was at the top of market and nobody remembered "what goes up........"
It was a bit of a stab I was having at Citi that's for sure, I don't really trust analysts in this environment and even my broker for that matter. I still like what Renee said in one of my previous posts as Hedge Funds imo tend to move markets a lot more than most, you just have to get out without losing your shirt first.
It is my thought though that no matter what happens to the monetary system and when inflation hits or if the FED will make money out of these bailouts etc etc that to progress forward at all commodities will be needed, gold will always be a store of wealth and human nature will not let us all sink into a black hole never to return. I really do think that there is a chance here to ride the next leg up as more and more mines are shutting, people are still driving and we all gotta eat some times :-)
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