Ed Huntress wrote:
"cavelamb" wrote in message
m...
F. George McDuffee wrote:
On Thu, 08 Oct 2009 12:20:42 -0500, cavelamb
wrote:

Yepper!

Dollar Woes + Gold Spike = Political Opportunity
========
also see
http://www.politico.com/news/stories/1009/28091.html


Unka' George [George McDuffee]

It worries me, George, that people would buy gold at the
highest price it has ever been - as a hedge against dollars
losing value.

Isn't that kind of a cause/effect/cause loop?


It makes no sense.


Richard

Yup, but even more important -- when people buy gold when its price is
increasing at panic rates, they typically have to hold on to it for a decade
or two just to recover what they invested.

As they say, buy high, sell low...and you'll be in the tank before you know
it. d8-)



If it looks like a bubble, sounds like a bubble, smells like a bubble,
it will likely pop like a bubble...

Quote me on that on.

Richard