Monday, February 23, 2009

Prediction

Gold will not reach $2000 by the end of this year because people just watched the oil bubble pop and now know to fear when a price rises rapidly for some unknown reason. If gold does go that high, I'll consider selling it short somehow and trying to make some cash off the mass delusion.

Even with the economic shitstorm there is still a large pool of money that is not reaching the hands of the people that would best put it to use to make the future a neater place, and being wasted through stock buybacks and buying gold solely because you think a greater fool will want some in the future.
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