Politics and science, humor and hypocrisy. METANOODLE
Monday, 18 July 2011
Right Time to Sell Gold
Don't look for a market top, a peak in the fear index, or a magic ratio.
"When a unit of currency has a fixed equivalence to a unit of gold,
it's time to sell. Since the currency is good as gold
but earns interest and is actually useful in commerce,
it would be foolish to own gold".
Ian Nunn
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