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Thanksgiving Tally: Lunatics And Hacks Win As Gold Up 19.3% YTD; S&P Down 7.5%
To some, only "Lunatics and Hacks" believe in gold and a system based on real money. To others, one look at the chart below showing the relative performance of gold and the S&P YTD is enough to determine who the lunatic and hack truly is.
Source: Bloomberg
As for the "some"...
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Thirty year usa treasurys kicked your gold bug ass this year.
Goes to show richard russell is right. Bull markets get to the top in a way that the fewest people benefit.
Who the phook owns thirty year treasurys? Robo?
Have fun paying taxes on those paper returns.
Here is the entirety of the Jim Rickards Yahoo Finance interview clip that was shown:
James Rickards’ “Four Horsemen of the Dollar Apocalypse”http://finance.yahoo.com/blogs/daily-ticker/james-rickards-four-horsemen...
What about silver? I always read these SilverBugs jumping up and down how great silva is....
So? How great is it compared to S&P?
The silver institute shows silver was around 11 bucks in 1981. Pretty shitty thirty year return. Yeah USA long bonds beat that too.
I figured....after all, "You can't eat silver."
topcallingtroll
Your far moe intelligent than that.
ANY idiot knows that Silver esp is played like a $2.00 whore, by the PTB.
Gold is also.Just not the same extreme.
So, your comment means NOTHING, and the returns mean nothing.
I agree...but all of my money was with Burnie Madoff who put some in AIG and Lehman, and then I moved it to MF Global. At least I have silver left.
USD selling pressure continues and the prospect of an equity xmas rally and EURUSD bullish spike returns.
http://stockmarket618.wordpress.com