And that further makes ego one of the most preposterous bubbles in the stock market today.
if golds and silvers no longer have flight to safety value, there is no logic to own a single ounce or share.
So what gives with this Kitty canine; Yahoo says that in a little over a month, it has posted 2672 times on the message boards, bashing all gold stocks and answering its own posts with duplicate messages, like below.
There is no value in this bs, throw it out the window.
"Effectively worthless." Lets play the bump game along with Mr. Cunning! We can bump this as a reference until gold hits zero and becomes "worthless", judging his analytical acumen accordingly.
The call has been made by Mr. Cunning. Gold to worthless (price target ZERO).
I don't mess around on Yahoo boards much, but I think I can make it around to keep bumping long after Mr. Cunning has changed Identities or gone away. Gold to worthless, that's the call. Lets take some time and see. 12,000 years plus of human civilization and then a sudden shift in sentiment towards gold. we are privileged to be alive to see such a shift and doubly privileged to be the recipients of such a ballsy anthropological call by Mr. Cunning.
Cunning price target ZERO!
God does not see you as effectively worthless..... Not sure how you come up with the idea that others (things, individuals, etc..) are worthless.. I'd have to disagree with your statement vehemently. Instead of shorting here, perhaps forex might be a worthwhile look...............................
"Since golds and silvers no longer provide flight to safety, that makes them all effectively..."
a fantastic long term supply and demand investment as Asian and central bank demand outstrip the supply generated after the complete hammering of the sector as prices are driven by short term focused money flows rather than recognizing the ongoing shift of physical supply from temperamental western momentum chasers to individual holders with longer term horizons and, increasingly, some central banks.
"if golds and silvers no longer have flight to safety value, there is no logic to own a single ounce or share..."
other than for the billions of people who purchase it as a store of value because they live in areas with rotten financial/political systems or are personally familiar with severe currency and financial crisis as yet unknown to the modern western world. Flight to safety is a catchphrase for financial markets, for billions of people its just a more regular small and incrementalized accumulation of a little safety as savings over time.