I'm A Rock Star Among Geeks, Wonks,

Having Spent 10 Years Studying Emerging Markets, I Know That You Have Patterns Repeated Over And Over Again. A Bubble Is Like A Fire Which Needs Oxygen To Continue... When You See There Is No Oxygen, Things Change.

In An Extreme Credit Crunch, Leveraged Purchases Of Gold Cause Forced Sales, Because Any Price Correction Triggers Margin Calls. As A Result, Gold Can Be Very Volatile - Upward And Downward - At The Peak Of A Crisis.

I Am Just A Normal Human Being - I Am Alive! Why Is Anyone Surprised That I Am Human? Like Many New Yorkers, I Have A Multifaceted Life.

A Currency Serves Three Functions: Providing A Means Of Payment, A Unit Of Account And A Store Of Value. Gold May Be A Store Of Value For Wealth, But It Is Not A Means Of Payment. You Cannot Pay For Your Groceries With It. Nor Is It A Unit Of Account. Prices Of Goods And Services, And Of Financial Assets, Are Not Denominated In Gold Terms.

I Am Not Going To Say I Told You So, But I Did.