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<p>[QUOTE=&quot;fatima, post: 1352759, member: 22143&quot;]People were saying gold was overpriced when gold was $350, when it was $500, when it hit $600 they went through the roof about an impending bubble about to collapse, they busted their bags about the gold bubble when it crossed $1000, they said it could never reach $1200, we heard it last year at $1500, and so forth and so on.&nbsp; &nbsp; I laugh at people who say gold is overbought and over priced.&nbsp; &nbsp; LOL&nbsp;&nbsp; </p><p><br /></p><p>The problem with these proclamations is there are so many people that have been brainwashed to accept the system, i.e. stock market is always good, big house, debt, etc etc.&nbsp; is that gold shatters this view of the universe and until they take an honest look at it, they will do anything and everything to defend the status quo.&nbsp; Never mind that the status quo only serves a very small portion of people today.&nbsp;&nbsp; </p><p><br /></p><p>When pressed for technical reasons for why they feel as they do the answer is always either.&nbsp; &quot;Someone important put money here or there&quot; or more commonly &quot;it&#039;s always been this way&quot;.&nbsp;&nbsp; i.e.&nbsp; Tradition.&nbsp;&nbsp; Tradition is when you do something for no other reason because this is what you have always done.&nbsp; Nice for weddings and christmas, however, it&#039;s not an investing strategy.&nbsp;&nbsp; </p><p><br /></p><p>You don&#039;t have to believe me.&nbsp; Go read back some of the history on this forum and other PM investing forums.&nbsp; Go back 1 year, go back 5 years, go back 10 years.&nbsp;&nbsp; It&#039;s always the same regardless of the results.&nbsp;&nbsp; There is no such thing as a stock market anymore.&nbsp; It&#039;s been rigged to guarantee failure by anyone silly enough to put money in it unless you are one of those making the rules.&nbsp;&nbsp; When people running banks can literally break laws, steal money and gold, and simply get away with it, then this isn&#039;t a place where you want to be doing business.[/QUOTE]</p><p><br /></p>

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