“The man who damns (sound) money has obtained his dishonorably.”
“Run for your life from any man who tells you that (sound) money is no longer necessary, because that is the Lepers Bell of an approaching looter.”
“When men abandon (sound) money, the only way to deal with one another will soon become the muzzle of a gun. And do you wish to know when that day is coming? Just watch money. Money is the barometer of a societies virtue.”
“When you see that money is flowing to men that make nothing, but merely deal in favors, inside information, graft, and pull… when you see corruption being rewarded, and honesty becoming self-sacrifice, you may know that your society is doomed.”
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To: RonMerks who wrote (9719) 5/20/2008 7:45:14 AM From: SliderOnTheBlack 2 Recommendations of 9785
re: ["Slider is very bullish on gold/silver."]
I've just returned from a conference with my trading group. Lots of interesting ideas, thoughts, and comments on all that is happening in the markets.
Oil is setting new highs daily - yet the DOW Transports are as well?
No one believes the Governments inflation, or jobs numbers, yet the market rallies each time the hedonic adjustments paint a phony picture - why?
Has the US Dollar found a longterm bottom, or is this merely an interim pause in an ongoing correction?
Will Gold continue on to significant new highs, or have we already seen the high for this cycle?
On my trip, I took along a couple of books to read. One that I felt spoke most directly to this market was Ayn Rand's "Atlas Shrugged."