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(referring to the thread below, the Cramer thing...)

But here I am doing my best Cramer imitation -- though you gotta watch the whole thing before we get to the monkeyboy routine.

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Good video. 

You need some bababBooyah. And don't forget to shill for Goldman Sachs. And what about some very bad stock ideas?

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Nice.
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I've never watched Cramer, so now I know how to recognize him...
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Very astute overall. However, "Gold is a worthless commodity?" I know what you mean, and in principle, I agree. However, people are paying quite a bit for gold these days, and that is what "worth" means.

I do think that people tend to think that buying stock in a gold mine is the same as buying gold, and to those people I laugh heartily.

Anyway, a good show! Thanks!

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Gold is a worthless commodity because the symbol GLD and even gold contracts are just pieces of paper. People are paying for paper gold, and that is a worthless commodity.

What we have (and always has been) is people bidding up papers for a small fraction of the actual gold supply. So, unless you own gold bullion -- Who cares? What are you going to do with gold bullion? Can you fill your tank, eat it, or will you melt it into an ear ring?

People are a century in the past that think gold is a viable currency. We have moved to an oil standard and ever since the Dutch Disease has entered into economics.

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Seth!! We want the cute babe back! I don't have anything against Chris, but the babe was 10X more enjoyable to look at!
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And speaking of Cramer (dunno if this will work, trying to embed a video):

http://media.redlasso.com/xdrive/WEB/vidplayer_1b/redlasso_player_b1b_deploy.swf" />http://media.redlasso.com/xdrive/WEB/vidplayer_1b/redlasso_player_b1b_deploy.swf" flashvars="embedId=ae47b67d-2523-4946-a2ad-aadc68176f67" width="390" height="320" type="application/x-shockwave-flash" allowScriptAccess="always" allowFullScreen="true" name="Redlasso-ae47b67d-2523-4946-a2ad-aadc68176f67">

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Got it. Sorry for the double post:

 

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Very astute overall. However, "Gold is a worthless commodity?" I know what you mean, and in principle, I agree. However, people are paying quite a bit for gold these days, and that is what "worth" means.

My view is that you've described "price" more than "worth." I think the two are different, but that's semantics. People have indeed been piling into the shiny stuff, and it's done a dang stretch better than most stocks over the last few months.

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