Originally Posted by
skid
I know exactly what shorting is, I buy stocks instead, gold down, stocks up. Nice! I'm not greedy.
What do you mean "burn me again"? I haven't been burnt the first time.
Why do I keep posting? For the 100th time...........
Gold was a bubble, right, I couldn't care less about gold, to me it's a useless yellow commodity, but I enjoy the bubble debate, the same as I enjoyed the oil bubble debate until it crashed from $147 to $32, then I lost interest, but I'm right, oil was a bubble and so was gold, but we've got a fair way to go yet for gold to hit rock bottom, so I think I'll stick around, might be wrong, we'll see.
I've got lots of books on bubbles, human nature never changes, one bubble ends, another one starts, you might say bubble-watching is a hobby of mine, whether it's pyramid scams or major busts like the GFC, which I saw coming a mile off by the way.
I like to think of it as a public service you might say, I enjoy dobbing in scamsters and taunting them on the phone when they call. I've had several messages from guys saying they'd like to buy me a beer because I've saved them shtloads of money.
One of my favourite TV programmes is American Greed. People are perpetually stupid, another favourite TV programme of mine is 1000 Ways to Die. A frequently recurring theme is that of unsympathetic individuals' choices backfiring on them, resulting in death.
I also find the goldbug psychology endlessly amusing as they blame everyone else but themselves for their misfortune; the manipulators, the banksters, Obama, Bernanke, the 'elites', the Fed, Glenn Stevens, the Rothschilds, the illuminati, JPM, Fort Knox is empty, it's hilarious.
I also enjoy exposing the myth of the '5000 year store of value', which it quite clearly isn't.