"When misguided public opinion honors what is despicable and despises what is honorable, punishes virtue and rewards vice, encourages what is harmful and discourages what is useful, applauds falsehood and smothers truth under indifference or insult, a nation turns its back on progress and can be restored only by the terrible lessons of catastrophe." … Frederic Bastiat
Evil talks about tolerance only when it’s weak. When it gains the upper hand, its vanity always requires the destruction of the good and the innocent, because the example of good and innocent lives is an ongoing witness against it. So it always has been. So it always will be. And America has no special immunity to becoming an enemy of its own founding beliefs about human freedom, human dignity, the limited power of the state, and the sovereignty of God. – Archbishop Chaput
Trader Dan's Work is NOW AVAILABLE AT WWW.TRADERDAN.NET
Dan a very Merry Christmas to you sir, thank you for all you do.
ReplyDeletehttp://www.youtube.com/watch?v=DcF75h4BHk8
Dan - your an immense asset to the community.
ReplyDeleteI think I know how you'd answer this question, but I pose it anyway:
Would you bet that Gold reaches $4,000 to the Upside before it reaches $700 to the Downside ?
Is that a "Sucker" bet, or an "odds-on" Bet ?
http://denaliguidesummit.blogspot.com/
DG -
ReplyDeleteThanks for the kind words....
I personally do not see gold moving below $1000 again in my lifetime.
If gold were to move to $700 for some reason, it would accompany such horrific events of a deflationary nature that the economic consequences would be most unpleasant,