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<p>[QUOTE="Cloudsweeper99, post: 1586166, member: 3011"]Thanks for proving my point. My exact quote was "I think it is interesting not because they are necessarily correct, but because any large move by institutions into gold could cause a large upward move in the price, even if it turns out to be the last leg of the bull market. It's another data point to watch."</p><p><br /></p><p>Read more: <a href="http://www.cointalk.com/t169702/#ixzz2E7ZXCNQy" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/t169702/#ixzz2E7ZXCNQy">http://www.cointalk.com/t169702/#ixzz2E7ZXCNQy</a></p><p><br /></p><p>No thinking investor equates the greater fool theory with bubbles. Only you. Nice try though. As of now, April 2011 was a pretty good call for the next leg of the gold bull market. A careful reading, which you never seem to do, will indicated that I was discussing the future in that post, not the present. And if you read more of my posts, you will also find that was selling part of my gold holdings in 2011 - about enough to almost recover my original cost in 2004. So I'm not just pontificating here. I tell people what I'm doing and let them make their own decisions. </p><p><br /></p><p>Also, the gold bull market may very well end as a textbook example of the greater fool theory. But we aren't their yet. I readily admit that I'm better at identifying what will happen than when, and you will find that admission in several old posts also. So let's not go lying about my making a "call" in 2011. People here who have followed what I write will know that I would never do that.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 1586166, member: 3011"]Thanks for proving my point. My exact quote was "I think it is interesting not because they are necessarily correct, but because any large move by institutions into gold could cause a large upward move in the price, even if it turns out to be the last leg of the bull market. It's another data point to watch." Read more: [url]http://www.cointalk.com/t169702/#ixzz2E7ZXCNQy[/url] No thinking investor equates the greater fool theory with bubbles. Only you. Nice try though. As of now, April 2011 was a pretty good call for the next leg of the gold bull market. A careful reading, which you never seem to do, will indicated that I was discussing the future in that post, not the present. And if you read more of my posts, you will also find that was selling part of my gold holdings in 2011 - about enough to almost recover my original cost in 2004. So I'm not just pontificating here. I tell people what I'm doing and let them make their own decisions. Also, the gold bull market may very well end as a textbook example of the greater fool theory. But we aren't their yet. I readily admit that I'm better at identifying what will happen than when, and you will find that admission in several old posts also. So let's not go lying about my making a "call" in 2011. People here who have followed what I write will know that I would never do that.[/QUOTE]
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