by Gary Christenson, Deviant Investor:
Three squirrels frolicked in the back yard – they are social and fun loving creatures who delight us with squirrel antics and represent the distracted masses of people.
A hawk (markets can be deadly) killed a squirrel. Two vultures swooped in to feast on what remained after the hawk ate. The vultures represent High-Frequency-Traders and central banks. They produce nothing and feast on the efforts of the masses.
One turtle ambled through the yard, moving to a different lake. He was neither quick nor deadly, like the hawk, nor predatory like the vultures, but persistent. The turtle progressed slowly and reliably toward his goal – just as gold has been safe and reliable money for 5,000 years.
Perhaps the analogy is less than perfect, but we see parallels.
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