“You can barely throw a Krugerrand in any direction without hitting a rich banker or his model wife. They stroll along the Limmatquai. They dine at the Kronenhalle. They shop on Bahnhofstrasse. And what do they think of today’s markets? ‘It’s crazy what is happening,’ said our friend. ‘But crazy things happen. You just have to make sure you’re not doing something crazy too.’ Only a fool would pretend to know where gold will come to a bottom. Nobody knows. But a lot of people think they know. And when people think they know something that they can’t really know, it is an opportunity for those who don’t know and who know they don’t know. Is that clear?”
http://www.billbonnersdiary.com/articles/bonner-invest-swiss.html
Related posts:
Global War on Terror (GWOT) Was a Hopeless Blunder from the Get-Go
Eric Margolis: Are We Becoming What We Once Hated?
Peter Schiff: The Half Full Economy
“Are You Willing to Die So That the CIA . . .
Kerala India Group Wants Wedding Gold Limits
Thomas Drake: Snowden saw what I saw - surveillance criminally subverting the constitution
Federal Reserve Economists Warn About Municipal Bond Market
Lindsey’s Plan for War on Iran
The courage of Bradley Manning will inspire others to seize their moment of truth
Doug Casey: The Gold Crash Is Not What Either Bulls or Bears Are Telling You
How Bad Is The Surveillance State?
CFR: Print Money and Hand It Out Directly to Consumers
Tax jurisdiction: Is space the final frontier?
Eric Margolis: Who Killed Benazir Bhutto?
The Military-Industrial Complex, Neocons and General Patraeus
