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re: Dont let today's fools gold fool you.

Posted on 8/10/11 at 8:13 am to
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 8/10/11 at 8:13 am to
quote:

IDK why you guys don't just let him do his thing, he's made it clear he's just passing along information. He said there was a SHTF moment coming like a month and a half ago, and sure enough it did. Even without any reasoning or understanding of what drives said prediction, at least give him a chance to be wrong.


I agree with this.

The guy played like a champion when it seemed like he was wrong and he stuck to his guns. He's earned some level of respect.

His cryptic nature is kind of infuriating, though.
Posted by JPLSU1981
Baton Rouge
Member since Oct 2005
26318 posts
Posted on 8/10/11 at 1:59 pm to
quote:

His cryptic nature is kind of infuriating, though.



It's not so much the cryptic nature that turns some people off IMO, it's the "this will happen and it is immenent, thank me later" mentality.

He - and the supposed person that is feeding him info (which I seriously doubt the existence of) - are simply trying to time the market. They are no different than any other market timer, yet he presents himself and his supposed info as some kind of undisputed inner-workings knowledge of what's to come in the near term for the most efficient market in the world.
This post was edited on 8/10/11 at 2:07 pm
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