The Phaserl


Why I Believe Gold & Silver Have Been Massacred Since 2011

from The Wealth Watchman:

Growing up, my brothers and I liked to roughhouse. We lived in the country, and had very large yards that were more than suitable for running and scuffing each other up. Boys will be boys, and all! As we would wrestle, and all the tackling and clawing would escalate, I can remember hearing my mother admonish us to stop, by saying. Well. Let’s see if you can guess what she said to us! It was a rather iconic line, that you’re probably quite familiar with too. In fact, I’ll say the first few words, and see if you can fill in the blanks: “It’s all fun and games…” I’m willing to bet, shield brother, that you finished that line either out loud, or in your thoughts, didn’t you? You’ve probably heard it a hundred times, I know I have. “It’s all fun and games, until someone loses an eye.” Have you ever wondered where that phrase came from? Well, etymology is a tricky business sometimes, but it gets even trickier for whole phrases. The only attempt at an explanation that I could find, came from a source who claimed this:

“‘It’s all fun and games until someone loses an eye’ is from Ancient Rome. The only rule in their wrestling matches was no eye gouging. The only way to become disqualified in wrestling sporting events was to gouge or put an eye out…..thus the quote.”

The source is dubious at best, but whether or not that origin is true, the phrase’s meaning is unmistakable. There are times when we’ve all acted badly, without thinking of the consequences of those actions, precisely because we don’t truly believe those consequences will happen. Oftentimes, people won’t stop whatever ill-advised thing it is that they were doing, until something terrible happens. There’s no question that in 2011, something terrible happened, which caused the “fun and games” for gold and silver investors to be “over” ever since.

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