Deep Thoughts…Is an ounce of iPod Worth more than ounce of Gold?

Yes.

I just had to have a new iPod $149 mini. In a full Jihad, an iPod is likely worth more to a fanatic than gold, especially with the right arabic music.

Gold the metal looking very strong. I got stopped out of so many positions during the meltdown and only own MDG, SLW and GLD right now. The metal acting way better than the stocks so we will see. I am skeptical. All the new pant styles are not conducive to carrying around bullion. Fashion is key and Apple understands this. I can carry 20 ipods in my pocket and clip 60 more to my body for trade in wartime which is worth more than/then I could lug around in gold.

Disclosure – Long 7 iPods, 1 iPhone and MDG, SLW and GLD

2 comments

  1. mrkcbill says:

    I’m long one 4 gig Sandisk for $99. When it dies I’ll get a new 8 gig for $79. It’s all disposable doo doo in my view.

    Whats your take on Apple’s iphone price adjustment and “the apology”.
    Better to start high and come down I guess. Looks like the Iphone will be a commodity so they can sell you all the bullshit….

Comments are closed.