Gold at $1248
 

Damn, wish I had some fillings to sell or something...

In keeping with my "buy high, sell low" philosophy, it's time to go all in.

Want me to line you up with some asset managers?

The best one I've heard was in a newsletter from State Farm, right after they had just lost 50% of my investment with them.

They stated, "Even professional investors are having a difficult time now."

I was so filled with confidence.

Chas

I bought gold at $600 back in 1980. It was not until 2007 that I could sell it and break even. All gold is "fools gold."

Gold isn't money, it's a commodity.

Chas

Got news for you, Smith Barney is no better. All these high salaried investment managers, to quote from a letter to the editor in today's WashPost - "It is said that cream always rises to the top - well so does scum.":rolleyes:

Hmmm. Smith Barney is "managing" my shekels (after they bought out Legg Mason, a local firm).

BTW Rob, your "scum" reference brings to mind a classic P.J. O'Rourke quote:

"When you looked at the Republicans, you saw the scum off the top of business. When you looked at the Democrats, you saw the scum off the top of politics. Personally, I prefer business. A businessman will steal from you directly instead of getting the IRS to do it for him. And when Republicans ruin the environment, destroy the supply of affordable housing, and wreck the industrial infrastructure, at least they make a buck off it. The Democrats just do these things for fun."

I liked PJ's dissertation on how God is a Republican & Santa Claus is a Democrat... Santa is infinitely preferable to God on most accounts, but there's just one small, teeny-tiny problem-There ain't no such thing as Santy Claus...

And, if one's good, two is even better!

John

If Freidman is for it I am agin it.