“Here’s a chart that portrays three metals. Two went through the bubble phase and then completely deflated, one is still “stuck”.
too funny – comparing zinc, palladium and gold and expecting them to follow the same trends
in good times this might be reasonable – all the metals act like commodities and rise / fall in a similar manner
in bad times there’s this little affectation that human beings seem to have for this shiny yellow metal called gold
silly quirk, this attraction to gold, but it exists, has existed for thousands of years, and will likely exist for thousands of years into the future
to deny gold’s history or that we are currently living in bad times is really naive
to go short against the only secular bull market currently in force would be stupidity writ large
expand your economic and world view a little – check out the Chinese – they aren’t just spitting into the wind – they intend to have the next reserve currency and they will back it with precious metals
