Heard on the Radio

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From a gold huckster: "2008 represents a unique opportunity to buy gold."

Yes, you may not have the chance to buy $1000/ounce gold again for decades!

Comments

  1. Bob Murphy12:01 AM

    Are you just making a comparison to 1979/1980? I.e. I think it is entirely possible that gold will never fall below $1000/oz after this year. Are you saying this claim is palpably absurd?

    ReplyDelete
  2. gcallah8:37 AM

    Nah, maybe it won't -- it just funny to talk about how 2008 is a "unique opportunity to buy gold" when, say, 2001 was "even uniquer."

    ReplyDelete

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