Told Ya So
Told Ya So
I don’t rub it in very often – unless of course the retail piggies really really deserve it.
This is one of those times:
Log of events:
- Mole puts up a post on silver last Sunday evening warning of a reset in silver – find it here: Magnificent Exponentials
- The next morning ZeroHedge puts up a post pointing to a purported flash crash in gold for no apparent reason whatsoever.
- Mole makes a comment stating that both gold and silver are in the last stage of an exponential curve and are due to correct short term.
- Mole’s comment incurs the instant wrath of gold bugs and reaches junk limit in a matter of minutes.
- Tyler (to his credit) points out that he is expecting a short term correction. ZH mob continues to junk all my responses.
- Mole sacrifices chicken (from Whole Foods) and swears bloody revenge.
- Silver and gold both tumble for five days in a row.
And no – I didn’t have my gentle feelings hurt by those muppets over at ZH – in the end simple mathematics and basic probability theory did them in just fine. Incidentally the very same forces that will put a permanent reset to business as usual over here in the United States not too long from now. But that’s a different story and Karl Denninger is doing a good job in the bitching department.
I personally am not interested in opinions, convictions, blog politics, what have you. All I care about are profits and to protect my readers from financial mayhem. But I would lie if I said that I wasn’t feeling a bit of Schadenfreude over the fact that ample punishment was dished to those very same schmucks who junked me just a few days ago.
Well, what can I say – I told ya so 😉
BTW, this is the third time I have been doing this – the first two times were over at the SOH. Similar flow of events – very same outcome. Frankly – I love it when that happens, because it never fails.
Feel free to spread the word. I for one have given up on wasting my time with those wankers.
Cheers,
Mole