The Gold Bubble Hits Esquire

4:01 pm EST February 10th, 2010 | News | 4 Comments

All that shilling by right wing radio hacks like Glenn Beck is paying off, as people are now advising purchases in gold the way they did for subprime and dotcom. Look, at least if we had a bubble in something like green tech it would have the side benefit of staving off the end of the planet for a decade or two.

Topic: , ,

Related Posts

«
»

4 Responses to “The Gold Bubble Hits Esquire”

  1. SaveFarris says:
    February 10, 2010 at 4:26 pm

    If what you’re spending on NOW isn’t working, why spend more?

    Expecting different results from the same actions: there’s a word for that…

  2. durablend says:
    February 10, 2010 at 6:53 pm

    Expecting different results from the same actions: there’s a word for that…

    Well of course you know being a Republican and all.

    Same shit over and over and expect a different result.

  3. Zython says:
    February 10, 2010 at 7:25 pm

    So why is it a good idea to invest in something that is devalued whenever someone finds a shiny rock in the ground?

  4. jeff says:
    February 10, 2010 at 8:28 pm

    I called this at Christmastime. Whenever something is advertised all over news channels and talk radio, it’s over valued–saw the same thing years ago with stocks.