Tuesday, February 27, 2007

Good As Gold

I recently heard a radio ad suggesting I buy gold. Who sponsors such things? The American Gold Sellers Association?

Anyway, the guy in the ad said another guy heard from his deli guy that it's time to buy. So, the argument goes, if even your deli guy says to buy gold, it's time to buy gold. Wrong. By the time your deli guy tells you to buy anything, it's time to sell.

Columbus Guy says: I'll say. I took a beating in corned beef yesterday.

2 Comments:

Anonymous Anonymous said...

Boy is this ill-timed.

1:33 AM, February 28, 2007  
Anonymous Anonymous said...

Here at PajamaGuy, we don't believe in timing. We do believe, however, that when we buy, the market will fall, and when we sell, the market will rise, and at all times we're going to owe a lot of fees to nearly everyone.

That's why my favorite investment advisors are Mastercard and Visa. I make nearly 19 percent every time I send them a check.

SWMBCg, etc.

1:56 AM, February 28, 2007  

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