About eight months ago RonStoeferle wrote a nice piece borrowing terms normally reserved for religious belief-systems to catalogue opinions on gold/bitcoin.
We’ve come back to it because; As gold prices have risen, that is both a potential cause and result of changing “beliefs”.
In short: we see people switching categories. Making this worth a revisit now. Here it is again.
Post Sections:
“Believers in the system”
— Stay the course, nothing is different
— No Gold, change rules to protect themselves and/or be buyers way too late
“The Sceptics”
— Pragmatic empiricists who hope for the best, prepare for the worst
— Long Gold as hedge, big marginal buyers if things deteriorate further
And continuing with the religious motif:
"As gold prices have risen ..."
Think I am #2, explains schizophrenia outbreaks