Ride The Gold Bull Market
"When plunder becomes a way of life for a group of men living together in society, they create for themselves in the course of time a legal system that authorizes it and a moral code that glorifies it." - Frederic Bastiat, 'The Law'
[Plunder is a great word for what is happening in the US. Most of those that are being plundered do not know who is doing the plundering; are even actually looking to the plunderers to save them from their plundering.]
The affects of plundering:
"Changes to the international monetary system that weaken the discipline of gold have never before produced permanent prosperity, but only larger and more destructive economic cycles."
- The Golden Sextant
There are perhaps 5% of the population that simply can't think.
There are another 5% who can, and do.
The remaining 90% can think, but don't.
-- R. A. Heinlein, The Moon is a Harsh Mistress and other sci-fi novels
"If a nation values anything more than freedom, it will lose its
freedom, and the irony of it is that if it is comfort or money that
it values more, it will lose that, too." - Somerset Maugham
"People of privilege will always risk their complete destruction
rather than surrender any material part of their advantage."
-- John Kenneth Galbraith
[Which is one of the reasons that there are still years left to this gold bull market.]
"It's not how much you know, but the truth and quality of what you know."
- Trader Vic (Victor Sperandeo)
What's the big deal about a one year long correction in the whole scheme of things. This correction in the gold price is going to look tiny in the overall view of the gold bull market years from now.