Sunday, January 16, 2011

Riding a bike up the hill through dense fog...

We have to think in terms of gravity which means....picture Ben riding up the hill on his bike through a dense fog. He has no idea where the top is and keeps pedaling, trying to get higher and higher (....avoiding the bad weather down in the village...). At some point he will have reached the top and will accelerate down. There is nothing he can do!! (it's just the nature of speculative manias, no matter whether they are artificially induced or not).

This means you don't need a catalyst just time to reach that point.

Listen to Bob Hoye to get more on this idea


The more interesting question revolves around the concept of a safe haven when the day arrives. Will it be GOLD or the US$ ?

Mr. Market will tell.


...be patient Jason

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