Skol, here is an example of thinking that drives me nuts:
From my yahoo finace read this morning: "Apple Inc's quarterly results beat Wall Street estimates on stronger-than-expected demand for the iPhone, especially in the greater China region where sales jumped five-fold"
So we have Chinese demand for Apple being an important factor for the price Apple shares.
Yet... when facts are posted re the Chinese storing all their mined gold (and they are the biggest gold miners in the world) AND the Chinese being big nett buyers on the open, known market (tonnes and tonnes) AND the Chinese now buying overseas gold miner(s) AND investigation showing the Chinese probably also are buying gold via proxy.
So... we have proof gold demand is wayyyyy up to the Chinese. But, that, of course, means nothing to gold bears.
The application of facts only when they fit the person's preconceived idea makes me devalue that person's point of view.... how can it be of any value if it is not well thought out.
Skol, and you have repeatedly said on here you have picked every bubble since the 1980s - buy selling right before the burst.
Skol, if credit is due to you for tenacity, then you earn credit. If credit is given for factual, logical application of fact, then you earn NO credit, sorry.
If propector lost 6 figures backing his judgement he should be snarky. And yet he comes across very personable. However, you should be the mildest guy on earth based on your protrayal of your success in all areas of life. In fact, to prospector you should say: 'bad luck you were bit early on the gold understanding; you sure got it right re the gold prices of the 2000 decade'
