dream_weaver Posted September 1, 2014 Report Share Posted September 1, 2014 Careful readers might detect a broader theme... This forum counts on it. Quote Link to comment Share on other sites More sharing options...
CrowEpistemologist Posted February 13, 2015 Author Report Share Posted February 13, 2015 http://money.cnn.com/2015/02/12/investing/buy-gold-market-fear/index.html LOL: These so-called crazy gold provide lots of business for Kitco. He said their influence is most obvious in the market for smaller units of physical gold between one and 32 ounces. "These investors buy the metal and it just disappears. It goes under their mattress. They want to use it when the world ends," Hug told CNNMoney. Quote Link to comment Share on other sites More sharing options...
oso Posted February 13, 2015 Report Share Posted February 13, 2015 I buy gold so I can sell it if/when it's worth more so I can use that money to buy stuff. So far it's done much better than the Canadian Dollars I would have otherwise owned. Quote Link to comment Share on other sites More sharing options...
dream_weaver Posted February 13, 2015 Report Share Posted February 13, 2015 Only 25%, eh? Sound's high to me. Even so, that still leaves 75% that are not. Quote Link to comment Share on other sites More sharing options...
CrowEpistemologist Posted February 13, 2015 Author Report Share Posted February 13, 2015 Investing in things idiots do is indeed sometimes a good investment. "You'll never go broke appealing to the lowest common denominator" -- Lisa Simpson Quote Link to comment Share on other sites More sharing options...
softwareNerd Posted February 13, 2015 Report Share Posted February 13, 2015 (edited) Crow's making millions playing the other side of the market from all the idiots in the world. It's child's play compared to the currency trading he does all the time to keep on top of central-bank manipulations. The upside for the idiots is that when they're retired and broke, and social security is insolvent under current rules, Crow's millions will be taxed to pay for the idiots' retirement. So -- as he's assured us -- he'll be making the system solvent again. And, it is all good and moral .... after all involuntary taxes are the way to go. Got it!! And... thank you Crow. Edited February 13, 2015 by softwareNerd Quote Link to comment Share on other sites More sharing options...
dream_weaver Posted February 14, 2015 Report Share Posted February 14, 2015 (edited) Yaron Brook offers two interesting assessments in his presentations Investing: An Objective Approach and Money-Lending: Its History and Philosophy. In the Investing lecture, he clearly puts forth his take on gold. He does not consider it a good investment. I agree: in the context he presents it. In his money-lending lecture discusses currency trading much as sNerd described it in the previous post. When you consider all the different currencies as commodities, you broaden the category to where it could include the commodities market. In this sense, gold is clearly not the vehicle for the passive investor. Edited February 14, 2015 by dream_weaver Quote Link to comment Share on other sites More sharing options...
Nicky Posted February 15, 2015 Report Share Posted February 15, 2015 So, when is gold hitting $600 like you predicted using science, Crow? Comment? Quote Link to comment Share on other sites More sharing options...
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