Declaration of martial law in America imminent

[jhu]

maybe jet li will be one of the cops

 

[ryudo]

>>1987<<

Hey I could rattle off years too - 1980, 1974, 1966, 1929, etc. Or how about Feb 2000? You act as if we could never have any secular change in the market, that we will always go up in stocks, and commodities will always go down. That is simply not true. As I've already said in many posts, many commodities have already seen the bottom and have risen quite nicely.

 

[Russ]

<< You act as if we could never have any secular change in the market >>



No, I'm simply pointing out that with Gold Bugs that change is always right around the corner.



<< As I've already said in many posts, many commodities have already seen the bottom and have risen quite nicely. >>



And, as I said, on an inflation-adjusted basis, metals are still the biggest loser over the last 20 years. You'd have done better with a passbook savings account.

Russ, NCNE

 

[ryudo]

No, I'm simply pointing out that with Gold Bugs that change is always right around the corner.

I really don't care what &quot;Gold Bugs&quot; think. What I do is look at the fundamentals and make my investment plan based on risk and return possibilities.

What you seem to be doing is the opposite. Because these &quot;Gold Bugs&quot; have been wrong for 20 years, whenever they say they market will go down and gold will go up, you say &quot;Ha, you 'Gold Bugs' have been wrong for twenty years. Why should I listen to you?&quot;

What I am saying is this - don't listen to other *people* to make your investment decisions. Study the history of the market further back than 20 years. Then look at the fundamentals. Then make your decisions.

Whenever in this thread I have argued about the fundamentals, you counter with &quot;Gold Bugs have been wrong for twenty years. They are wrong now.&quot; Whenever I say, look at the top telecom companies and the debt on the balance sheets you repeat &quot;Gold Bugs are wrong.&quot; When I say look at the recent (2 years) rise in many commodities, you counter &quot;Gold Bugs are wrong.&quot; When I say look how fast the Fed is increasing the money supply, you say &quot;Gold Bugs are wrong.&quot; When I point out that Cali can't get enough power to supply the state, you say &quot;Gold Bugs are wrong.&quot;

Do you have any *fundamental* arguments about gold or other commodities? And saying it has been going down for 20 years is not a *fundamental argument, it is a *technical* argument.