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"Conspiracy Theory" even when the "theory" is backed 100% by facts.

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Asheron
Asheron Posts: 1,229 Forumite
Ealier today Jim Rickards of Omnis, formerly LTCM's GC, was on CNBC and was subjected to some "probing" questions by Joe Kernan in which the anchor asks Rickards if he is a "conspiracy theorist" for his recent insights into the potential investigation of JP Morgan's market rigging behavior by the DOJ.

Rickards replies that he isn't, and follows it up with some gold price target observations based on "8th grade math": the former LTCM man sees gold going up by at least 10 times, and hitting $5,000 rather easily.

We wonder if to CNBC there is any uglier word than "conspiracy theory" even when the "theory" is backed 100% by facts.

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As an investor, you know that any kind of investment opportunity has its risks, and investing in Stocks or Precious Metals is highly speculative. All of the content I post is for informational purposes only.

Comments

  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
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    There you go, I've saved you a weeks worth of posting.

    I'll send you the bill shortly.

    Just be aware I won't be accepting payment in an overvalued shiny metal that's currently in the bubble to end all bubbles.

    Thanks.....;)
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • how about the 'Michael Jackson's not dead' conspiracy theory ??

    www.youtube.com/watch?v=En5Q4syywcw
    Please take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
    (MSE Andrea says ok!)
  • Asheron
    Asheron Posts: 1,229 Forumite
    how about the 'Michael Jackson's not dead' conspiracy theory ??

    www.youtube.com/watch?v=En5Q4syywcw


    :rotfl:lol mmmmmmmmmm I will have to do my research

    Dave Dave is sexy
    As an investor, you know that any kind of investment opportunity has its risks, and investing in Stocks or Precious Metals is highly speculative. All of the content I post is for informational purposes only.
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    Here you go loads of them.

    http://www.realconspiracytheories.com/

    I personally like the heading "Is your photocopier spying on you"
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    I dont get your point.

    Can you repeat it for us novices?
    Not Again
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I dont get your point.

    Can you repeat it for us novices?

    :rotfl:

    See this thread for details.....

    https://forums.moneysavingexpert.com/discussion/2448621
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • PhylPho
    PhylPho Posts: 1,443 Forumite
    Part of the Furniture 1,000 Posts
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  • poppingjay
    poppingjay Posts: 73 Forumite
    Part of the Furniture 10 Posts Photogenic Name Dropper
    I admire your commitment Asheron but don't you think this board is a bit 'Lalala *fingers in ears*. People don't want the facts it disrupts the game of monopoly :)
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