Sometimes I question whether it is an asset or a liability to be a pig-headed, stubborn Irish-German chap who refuses to quit. At times like these, I think it to be an asset, assuming of course that we ultimately do all the things I think to be more than mere possibility.

Gold can run 50% in 8 months. That has happened many times over the course of this bull market. If it takes a year for it to happen, instead of 8 months, does that fundamentally change anything?