I just discovered a new blog called The Reformed Broker. In a post titled “..You Might Be A Gold Bug” Joshua Brown does a Jeff Foxworthy-style recitation of you might be a gold bug if….
- If you consider Diversification to mean a portfolio consisting of gold bullion, gold coins, gold bars and gold futures contracts…you might be a gold bug.
- If you’ve been growing your beard out since Obama was elected…you might be a gold bug.
- If the family dog’s name is Hyperinflation …you might be a gold bug.
- If you have a poster of a shirtless Peter Schiff hanging over your bed…you might be a gold bug.
- If you spent the summer up at the cabin storing your own urine for it’s nutrients…you might be a gold bug.
- If every single stock in your brokerage account contains the word “mining” in it’s name…you might be a gold bug.
- If you get your financial advice from the Glenn Beck show…you might be a gold bug.
- If you start off many sentences with the phrase “Once gold breaks 1000,” …you might be a gold bug.
- If your IRA jingles when it hits the floor…you might be a gold bug.
- If the name of your investment club is AU Guys…you might be a gold bug.
- If the panic room you’ve just installed has it’s own panic room…you might be a gold bug.
- If the birthday cards you send to friends and relatives include warnings about the danger of fiat currencies…you might be a gold bug.
