¿How valid as MSM contrary signal would be this?

[ocelotl]

Today I glimpsed something that may mark a beginning to an euphoria or mania phase in PMs, but I want to be sure...

BARBIE TURNS 50

• Photos: The Oddest Barbies Ever
• Who Really Invented Barbie?
• Big Money: Becoming a Living Doll

VIDEO SATIRE

The District

Episode 6: Rush talks smack. Barack fights back.


THE ECONOMY

• Why Investors are Hoarding Gold
• Big Money: Thank You, Bernie Madoff
• Is Obama Waging War on the Rich?

Nikolas Koenig for Newsweek


BUSINESS
Cash In A Mattress? No, Gold In The Closet.

With prices setting new records, the worried wealthy are piling up ingots in home safes. NEWSWEEK goes shopping for precious metal.

By Lisa Miller | NEWSWEEK
Published Mar 7, 2009
From the magazine issue dated Mar 16, 2009

Continue...

[jtabeb]

Re: ¿How valid as MSM contrary signal would be this?

Today I glimpsed something that may mark a beginning to an euphoria or mania phase in PMs, but I want to be sure...

LOVE the pejoratives,"GOLD HOARDERS" "GOLD BUGS" SURVIVALISTS", here that EJ, You are advocating HOARDING and SURVIVALISM. if anything this article seems to direct the ire of others (non gold owners) towards gold savers, (my preferred usage) :eek:

[audrey_girl]

Re: ¿How valid as MSM contrary signal would be this?

http://ngm.nationalgeographic.com/2009/01/gold/larmer-text;83508]LOVE[/url] the pejoratives,"GOLD HOARDERS" "GOLD BUGS" SURVIVALISTS", here that EJ, You are advocating HOARDING and SURVIVALISM. if anything this article seems to direct the ire of others (non gold owners) towards gold savers, (my preferred usage) :eek:

several months ago, my favorite mag did a hit piece on gold too-

http://ngm.nationalgeographic.com/20...ld/larmer-text

gold=hated killer of the environment; oppressor of the masses

[cjppjc]

Re: ¿How valid as MSM contrary signal would be this?

Yes. Gold investors are treated like Ron Paul supporters. "There is something wrong with them."

[hayekvindicated]

Re: ¿How valid as MSM contrary signal would be this?

Yes. Gold investors are treated like Ron Paul supporters. "There is something wrong with them."

And usually they overlap quite a bit.

[hayekvindicated]

Re: ¿How valid as MSM contrary signal would be this?

I like this bit:

"An uptick in the U.S. economy, and buyers are likely to find they've been part of a giant, golden bubble."

Journalists are usually the lowest form of intellectual life on this earth. How this "uptick" is to occur is anyone's guess. And what happens to the debt (which she mentions in the article)?

You get a real bubble signal when the MSM starts PROMOTING it. Then you know the game is up.

I also liked this bit:

"Is this madness? Here is a respectable and buttoned-down suburbanite, behaving like an end-of-the world paranoiac."

Obviously anyone who questions the super-natural gifts of the great messiah Barack Obama to deliver salvation to us must be mentally deranged.

Why are MSM journalists such imbeciles? Its a question that has come up in my mind many times. They are clearly not born stupid. Many go to good schools and do not have low IQs. But their output is worse than junk. Its actually toxic if you start relying on it as an investor.

[BiscayneSunrise]

Re: ¿How valid as MSM contrary signal would be this?

Why are MSM journalists such imbeciles? Its a question that has come up in my mind many times. They are clearly not born stupid. Many go to good schools and do not have low IQs. But their output is worse than junk. Its actually toxic if you start relying on it as an investor.

I have a couple friends who are front line reporters in the newspaper business and we have had this discussion. They are aware of those criticisms and their answer is " people who are in the know don't trust us, won't open up to us, especially when the tape recorder is rolling" Probably more than a fair amount of truth to that. And it's probably why bloggers who are moles in their respective industries are so much more reliable.

I also believe it is because many reporters tend to get lazy and, especially when operating under immense time pressures, they just regurgitate a bunch of junk. By and large, reporters get paid for being reliably prolific, not reliably insightful.