Correct, there's extreme enthusiasm for gold at the moment, and extreme enthusiasm means extreme risk. I like Warren Buffett's soothing words in his annual report.
"For 240 years it’s been a terrible mistake to bet against America, and now is no time to start. America’s golden goose of commerce and innovation will continue to lay more and larger eggs. America’s social security promises will be honored and perhaps made more generous. And, yes, America’s kids will live far better than their parents did."
Berkshire made a record profit, is that a harbinger of the 'great Armageddon'? And these are the bad times, aren't they?
Has A New Gold Bull Market Begun?, page-155
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)