If You Follow Turd Ferguson You Need To Wake Up

If you consider yourself to be a "Turdite", let me fill you in on something: markets go up AND down, and markets that have made huge, decade long overbought moves up like gold are ripe for sharp and quick moves down.

Now you cannot say you weren't informed when your precious metal position starts to lose value. But you can say you were a fool for following him and for referring to yourself as a "Turdite".