Zeev's Turnips Patch-No Politics (ZEEV)

[TJ Parker]

This is quite dangerous (and very unprofitable) to your investing health.

this is just not true. if you've been bearish and prudent, then you've been looking at gold and bonds for a long time, and you haven't been making huge bearish bets against fed-driven liquidity. a consistent long-term bullish position on gold, e.g., and on the hui specifically, over the last two years has outperformed shorter-term bullish positions on equities over this time. even a "serial bullish" position, that keeps dragging you in and out. even more so when you take dividends and tax consequences into account. remember, the hui was at 35 in dec 01, and now it has breached 200.