H/T to REDHILL for the awesome new HD version!!___________________________________________________________
After gold hit something like $1,775 on Monday and then fell back a bit, Patrick, a Belgian banker, emailed me this:
In times as these it is great to have a vision... that way you just stay put. Otherwise I would have sold already...
I replied with this:
Exactly. You’ve got to understand the Orbital Launch Pattern aka The Inverted Waterfall Effect. ;)
Bubbles don’t occur when the shoeshine boy hasn’t even heard of gold yet. So this parabolic rise has nothing to do with the blow off phase of a bubble. It’s the paper bubble just heading over the event horizon of the waterfall. Long way down, and then very little bounce. Gold is simply the inverse of the bubble that is just beginning to pop.
English is not Patrick's strongest suit, yet he replied with:
The funny thing is.. I understand all the things you are writing in this mail...
And I replied with:
That’s because we share an uncommon understanding! ;)
Patrick's last email to me was this:
These are the days when you are a very happy person who has walked the trail
But... and this is important... it is NOT too late to join the trail! This is a one-time event we expect. It may be starting, but it hasn't happened yet.
PS. I'll add the updated list once we get a fix or a close over $1,800.
It Just Might Be a One-Shot Deal
Once in a Lifetime
PPS. Our friend Julian is using his vacation time in Barbados to reread some FOFOA and sends in this picture to go with the other ones from the Grand Canyon and Santorini posted here!