Tuesday, January 24, 2012

A study in mass psychology

An amazing video of the group mind as was being discussed by James Dines in a earlier post. This is a perfect analogy to the silver bull market. A few nutters ignoring what others thought and started buying silver at US$4/oz then a few others join them at $8, then a few more at $15, and so on, then half of the rest of the crowd joins in when we get to $100, then everyone parties at $500 - $1,000/oz. Dorothy can you dance in those silver slippers?

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