Quote:
Originally Posted by Josh
i can't see what's not really there...
sure, there's some speculators there, but they mostly get flushed out with every correction...the corrections cause fear....but i haven't run into anyone who buys like i do....the minute i do, i will get suspicious, but until then (and you're proving this) i'll buy with both hands.
not one of my gold stocks have split....if there were speculators driving these price, they'd be splitting all the time. they also wouldn't be at 7-9 times earnings....that's still relatively cheap.
there are no speculators in this market to the degree that it would control the price or cause me to think there's a bubble...speculators come along for the ride - they don't drive the market.
to your tax cheat comment - it's unbelievable that i refuse to believe there's a law, but this automatically means i'm a tax cheat. if you're deducing is anything like your ability to walk and chew gum, you're in trouble.
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My deducing may not be perfect, but it runs rings around your reading comprehension.