วันอังคารที่ 23 สิงหาคม พ.ศ. 2554

Tulipmania vs gold craze???




Do you see any pattern between the two graphs?

The time difference is 3 centuries!!!

But humans are still behaving very similarly.


We are still chasing the same things that everyone wants.


In the 17th century , it was tulip.

Now, you guess it , gold.


I am not suggesting that it will end in the same way,

as gold will never be worthless,

 I hope.


But looking at the gold chart over the years,

in the 1980s, this happened once

and look at how it fell

later on.


People at this era may not live and invest during that time

or may have forgotten about what happened.


This is just a reminder not a warning.

As it is anyone's guess, how high the gold price will reach

due to the financial crises in Europe and America.


No matter what your position is,

just be careful,

that is all I want to say.


Good luck to all.

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