Wednesday, October 19, 2005
Webgold News....
The Speculators Secrets to Profiting in the Gold Bull Market
By Doug Casey
Chairman, Casey Research, LLC.
The International Speculator
October 20, 2005
The 1980s were the decade of the speculator - and now, 20 years later, we have such a window of opportunity again. Successful speculators should emerge from the first decade of the 21st century wealthy beyond their wildest dreams. Fortunately, it's a profession open to all. No formal education, credentials, or licenses are required. All training is on the job, and best of all, the apprenticeship is "earn while you learn." It's an appealing job opportunity, but unfortunately one that carries a stigma.
I've been known to talk about a lot of suspiciously asocial concepts: financial crash, depression, hyperinflation, the alternative economy, hoarding. They're all buzz words that arouse vivid images and strong emotions. Perhaps the most powerful word of all, however, is "speculator." It sounds so irresponsible, opportunistic, and dangerous.
Politicians and the media throw the word speculator about so abusively. I suspect few people have ever dared to ask what one really is. In the popular mind a speculator is someone associated with shortages, price hikes, wars, natural disasters, and other calamities. A speculator is simply someone who sees, or anticipates distortions in the marketplace and positions himself to take advantage of them. Please click on this link to read the complete article.
More WebGold Silver and Precious metals News
By Doug Casey
Chairman, Casey Research, LLC.
The International Speculator
October 20, 2005
The 1980s were the decade of the speculator - and now, 20 years later, we have such a window of opportunity again. Successful speculators should emerge from the first decade of the 21st century wealthy beyond their wildest dreams. Fortunately, it's a profession open to all. No formal education, credentials, or licenses are required. All training is on the job, and best of all, the apprenticeship is "earn while you learn." It's an appealing job opportunity, but unfortunately one that carries a stigma.
I've been known to talk about a lot of suspiciously asocial concepts: financial crash, depression, hyperinflation, the alternative economy, hoarding. They're all buzz words that arouse vivid images and strong emotions. Perhaps the most powerful word of all, however, is "speculator." It sounds so irresponsible, opportunistic, and dangerous.
Politicians and the media throw the word speculator about so abusively. I suspect few people have ever dared to ask what one really is. In the popular mind a speculator is someone associated with shortages, price hikes, wars, natural disasters, and other calamities. A speculator is simply someone who sees, or anticipates distortions in the marketplace and positions himself to take advantage of them. Please click on this link to read the complete article.
More WebGold Silver and Precious metals News
