gold bugs?

[scaredyclassic]

is it time?

[zk]

Gold bugs always think it’s time. You should ask non-gold-bug people if it’s time.

I’m not a gold bug. I don’t know if it’s time. On the one hand, trillions of dollars of new government spending. On the other, deep recession.

Glad I could help.

[scaredyclassic]

[quote=zk]Gold bugs always think it’s time. You should ask non-gold-bug people if it’s time.

I’m not a gold bug. I don’t know if it’s time. On the one hand, trillions of dollars of new government spending. On the other, deep recession.

Glad I could help.[/quote]

correct. although maybe if gold bugs don’t think it’s time, that means it’s time.

if non gold bugs think it’s time, then it’s definitely not time.

it’s only time if the non gold bugs dont think it’s time for sure.

if gold bugs and non gold bugs both dont think it’s time, then its really really time.

or not.

it’s difficult to tell whats a contrary indicator anymore.

It seems like in the rear view mirror, if gold takes off, it would seem to have been pretty obvious at this time, given the fire hose stimulus and apparent commitment to print as many greenbacks as it takes, that gold would outperform.

On the other hand, that makes me think if in retrospect it’s going to be obvious, then it can’t happen. whatever i think is the right answer is obviously wrong.

whatever seemingly must happen definitely wont happen, and what cannot happen will definitely happen

or must it?

this is why i think it is not a good idea to ever think about anything too much. luckily, i got married before i thought about things too much. i was just bumbling through my dopey life, making one decision after another, barely even deliberating.

nowadays, i reuminate and my decisions are worse. basically every month i have auto debits all over the place, and manually i throw a few bucks at some etf or other over the years.

and i try to stop thinking.

but i cant .

homo sapiens are genetically designed to be looking for signs. we are the ones who survived. it’s an irritating trait to possess.

if i had been like this as a young man, i wouldnt have gotten as far as ive gotten, which, while not super far, is farther than nowhere

[FlyerInHi]

I say no, it’s not time. There won’t be inflation because the money printing doesn’t even begin to replace the wealth lost, and there’s excess capacity everywhere. We’ll see…..

[scaredyclassic]

it wouldnt take much to send gold skyrocketing. if a huge chunk of investors lost justa bit of confidence and suddenly thought, huh, maybe i should put 3% of my wealth in gold….

[The-Shoveler]

I have some Silver (not a lot), not crazy about it.

If we get another crash in stocks (S&P down to 2200-2300 level), which I think is possible I will probably sell the silver and buy either SPY or SPHD or maybe both ) in IRA.

[FlyerInHi]

I wonder if the Ron Paul adherents have sold everything for gold.
Remember the debt clock and the fear of dollar collapse. Seems so quaint now.

[scaredyclassic]

[quote=FlyerInHi]I wonder if the Ron Paul adherents have sold everything for gold.
Remember the debt clock and the fear of dollar collapse. Seems so quaint now.[/quote]

Of course, the whole idea of saving money in a bank to gain interest is quaint now too. Hard to imagine it.

Interest. Imagine. An incentive to save some cash.

Basically, if you have cash, you can put it at fairly high risk, spend it, or keep it in a pile and hope for no inflation.

In the old days, you used to be able to save up for stuff.

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