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Sometimes you just have to laugh

meluaufeetmeluaufeet Posts: 764 ✭✭✭
in Precious Metals
From MSN Money:



<< <i>At the risk of inflaming those on both sides of the issue, here are 10: >>



The 10 biggest myths about gold By Brett Arends 10/01/2010

Comments

  • jmski52jmski52 Posts: 22,825 ✭✭✭✭✭
    I figure that he's got it about 50% correct, which is probably a bit more than the average man on the street. Which leads us to why gold is still undervalued...
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    I stopped reading at #2 when I found out I was part of the "dumb money" in gold. image

    Sheesh......8 yrs down the drain.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • 57loaded57loaded Posts: 4,967 ✭✭✭
    the reasoning for his conclusions on many are just plain absurd
  • HalfStrikeHalfStrike Posts: 2,202 ✭✭✭
    This is why I only had a 1 year subscription to the Wall Street Journal a time ago and then canceled.

    My favorite quote is this-

    Nobody even knows what gold is worth

    Maybe he can get the mint to drop the price on all the gold coins then since they must not know either.

    Or this one-

    4. Gold is real money, while money created by the government is just paper. What nonsense.

    I hope he is all in paper currency and then writes an article after he is broke about what nonsense this was.image
  • yellowkidyellowkid Posts: 5,486 ✭
    They were right about the Vanguard PM fund, it is why I bought another fund that dealt in primarily gold.
  • meluaufeetmeluaufeet Posts: 764 ✭✭✭
    I don't know which made me 'laugh' more... the article... or the comments on their page.

    On a different note... I tried using a SBA dollar... and the cashier wouldn't take it. Now that's pretty funny.... ummm interesting.
  • 57loaded57loaded Posts: 4,967 ✭✭✭


    << <i>This is why I only had a 1 year subscription to the Wall Street Journal a time ago and then canceled.

    My favorite quote is this-

    Nobody even knows what gold is worth

    q]

    actually that one was partially right as it has to be compared to something, yet the whole commentary uses bad logic
  • OnlyGoldIsMoneyOnlyGoldIsMoney Posts: 3,362 ✭✭✭✭✭


    << <i>I stopped reading at #2 when I found out I was part of the "dumb money" in gold. image

    Sheesh......8 yrs down the drain.

    roadrunner >>




    I was dumb until I started buying gold in March 2009 at $930 an ounce. Today my average cost for all purchases is under $1,080.

    If that makes me dumb I have to get even dumber. image
    NO END IN SIGHT LIB $2.50'S CAC ONLY
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