DON'T NEED YOUR WELL-THOUGHT-OUT ADVICE

Are we the only ones who think it vaguely odd that people who believe and invest in gold are called "goldbugs" by MSM.

So far with all the flight to paper assets we haven't yet seen any references to equity-hogs or bond-heads. And given the announced new direction of the Federal Reserve we as yet haven't espied the term  macroprudential prudes crop up.

Maybe that's coming later at a theater near all of us.

After soaring to $800 an ounce in the late 1980s followed by nearly two decades of snoring in ignominious silence, an oxymoron we know literary pundits will love, the yellow metal rampaged for more than a decade to $1,800 an ounce before it's recent slumber.

So at the risk of insulting entomologist everywhere including those chained to their research dungeon walls and risking being labeled a goldbug, we'll take a shot here at MSM, one of our favorite members of the pathetic lemming colony.

Besides the opprobrium of MSM, gold's subject to several bits of nastiness, bear markets, inflation, geopolitics and, yes, complacency.  Strangely, that somehow has a faintly familiar paper asset quality to it. Oh well, what's important is gold and it's orphan status. Not just the metal, but the mining shares.

If you want to know more about it, don't read us. We have a  research dungeon we have to get back to before the lights go dim. But here's a link that might help. Just one word of caution, leave your logic behind before you click on it.

To borrow the words of an old Don Williams tune:

I don't want to hear another word
Don't need your well thought out advice
Though I thank you all for being kind
I can make mistakes myself just fine

Problem here is, MSM ain't even apologetic about their misinformation.
t. man hatter

http://online.barrons.com/news/articles/