Re: Jim Puplava: Baseball I love, Football I hate!
in response to
by
posted on
Apr 16, 2009 11:11AM
Creating value through Exploration and Development in the Sierra Madre of Mexico
L, I'm sorry if you took my post as condescending. I have read it over several times and I just don't see it. It wasn't intended that way. The message of the post was patience. Most people that write on message boards, don't have patience, because most people alive on the planet don't have patience. The reward for mastering such things is great, very great! People, not you, but other people, focus on all the little unimportant things in life. You are right about Kimber, but if you don't deserve to be right, you will be out before the whole thing goes. This is about something much greater than guessing or even fundamental research. This is about understanding. The market will ferret out the weak.
Manipulation! Who gives a crap about manipulation. It's like complaining about gravity or injustice in the world. Markets have been manipulated since the invention of markets. Naked short selling! It's not new. There is nothing new under the sun. Most people lose. They only way you will win is to do what other people aren't willing to do or to get the wisdom to know to follow those who do what other people are not willing to do. Walk the right way and see what others miss. Most people will lose when this whole thing shakes out.
Listen to this: Everyone who owns stocks in 401k's is going to lose everything. Just how imaginary all that is is going to become very apparent. Society will not collapse. Society will go on. If we don't have a revolution, we'll probably have a war. The divide between rich and poor will increase substantially. Kids in high school will stop believing they have the right to screw whenever they want. Welfare mothers will not only stop having access to a better cell phone than you or I, they will probably have to struggle to get health care or maybe even food.
This is a very, very bad situation. Bull