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Lech, I’m in Man office on Fri’s. rest of wk, in NJ office
Speaking of Chinese delicacies…
I just took a stroll round the block. I saw that the big gingko tree at 7th and Sterling split in two. The street was sticky with squishy, stinky yellow berries. I thought to myself, “What a pity it’s crashed, because now the brigade of Chinese ladies who always come here with their buckets in the fall will be disappointed.
I walked to Cafe du Nord to get some coffee (they don’t have any–their power is out). Ten minutes later I walked back home and found this:
http://www.flickr.com/photos/23348999@N08/4999019382/
“Two dollar a pound!” she said, cheerfully.
The pragmatism of Chinese never fails to impress me.
You just know Paulson and Soros are staring at each other right now with their fingers on the sell trigger waiting for the other one to blink.
I’ll try those places next week. I would try one today, but I just ordered from burke in the box. Hopefully they’re on seamless so that I don’t have to drag my lazy self the 2-3 blocks.
And before someone jumps on the glaring logical inconsistency in my first paragraph, what I am saying is that gold will crash within the next 5 years but other than that I am not willing to make any prediction as to timing.
Burgers next week sounds good. M4L when are you in midtown?
I don’t know when gold will crash, but it will. Five years from now prices will be substantially lower (in nominal USD) than they are now.
John Maynard Keynes was once asked, when he pointed out an asset bubble, why he didn’t go short if he was so smart. He replied that the market can stay irrational longer than he can stay liquid.
I told everyone in 1999 that Nasdaq was going to crash. They all told me I was an idiot. I told everyone in the mid 00s that real estate was going to crash. They all told me I was an idiot. Now I’m telling you gold will crash. It might go up more before it crashes, but it will crash.
lech,
or we can do good burgers next week so the old man union worker doesnt have to trek too far
ishtar…three good places…
Peking Duck House on 53rd..excellent, very nice & pricey
Grand Szechaun on 2nd Ave near 54th
Lychee House (used to be called Our Place) on 55th between Lex & 3rd…EXCELLENT pork & crab soup dumplings!!!!