Blind Squirrel Theory
I like to thank Dave for reminding me even a blind squirrel finds an acorn (and thanks to many who have written constructive criticism and emails of support- it means a lot to me and my staff).:
From: Dave Schild [mailto:[email protected]]
Sent: Thursday, June 20, 2013 11:33 PM
To: [email protected]
Subject: Going through your Bond archives I found this…
Hey Peter
Remember this goof that sent you this email that you decided to post when TBT was at $28.50 and is now at $31.50. LOL
A 10% return in 2 months. Not to bad if you ask me!!!
Apr 26/2013
I got to read this email:
Here you go Peter. I know you love to bet, but I bet you don’t have the balls to reply to this. You have been harping on the coming bond collapse for a while now. You keep talking like interest rates are going to skyrocket from 3% to 6% overnight (or whatever). Please!!! Give me a break!!! We have been hearing about higher interest rates for years. Remember your “no brainer” pick TBT? Well I do. Fortunately I got out before I get creamed. Heh, any idiot can predict
that we’re going to get higher interest rates. Some day. Timing is EVERYTHING! Sorry, but my bet is that you’re off by a few years, and I’m no whiz kid!.
I wish I had listened to your whipping boy Dennis Gartman when he called the end of the gold bull instead of listening to you with your head in the sand.
And guess what…. I am a gold bull!
Regards,
Howard Jeglum
Nanaimo, B.C Canada Howard Jeglum [email protected]
Dave Schild
Source: http://www.grandich.com/2013/06/blind-squirrel-theory/
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