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Message: Re: Paul V on bnn

May 28, 2009 08:41PM
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May 29, 2009 07:04AM
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May 29, 2009 11:02AM

That's right.........PVE's either a genius, or a complete nutter who thinks gold is mega-overvalued. And he often goes through some detailed argument about amounts of gold, numbers of people, and comparative to other objects. He sounds right, but the market appears to be telling him he might be an idiot.

But gold might even return to trade 1;1 with the DOW (eventually), if this really is a major economic disaster, and we are in for a period of real-wealth rebuilding. And he doesn't often refer to unbridled printing of money.

That's because PvE is talking about the value of gold RIGHT NOW. The US gov't hasn't printed all those Obama$s yet. When they do...

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May 30, 2009 04:11AM
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