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<p>[QUOTE=&quot;JoeSmith, post: 747132, member: 18021&quot;]I read him almost daily.&nbsp; I think he&#039;s being honest.&nbsp; Kitco isn&#039;t like the companies with the radio commercials who always tout gold.&nbsp; He&#039;s not a gold bug.&nbsp; He hasn&#039;t adjusted his thinking to the current financial situation, which is what is driving gold.&nbsp; I wonder if he can comprehend the size of the numbers we&#039;re talking about.&nbsp; He thinks that when the bubble bursts, he&#039;ll be able to say &quot;see, I told you so&quot;.&nbsp; He thinks the bubble has to burst eventually, because he can&#039;t picture the dollar becoming worthless.</p><p><br /></p><p>In today&#039;s column, &quot;Hyperinflation.&nbsp; Of Sentiment&quot;, he says:</p><p>&quot;People will see, and bet on, what they expect to see, what they want to see, or even what they are told they are seeing, as often as they will see, and bet on, what they are actually seeing. In this instance it is remarkable the number of people who are &quot;seeing&quot; hyperinflation down the road where none is, so far, apparent.&quot;</p><p><br /></p><p>He&#039;s right that people see what they expect to see.&nbsp; People expect to see the dollar have some value, when in fact it&#039;s all in their heads.&nbsp; Dollars don&#039;t exist, they&#039;re just numbers.[/QUOTE]</p><p><br /></p>

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