Frogs. Are You Being Cooked
If you put a frog in a pot and slowly turn up the heat, it will happily allow itself to be cooked to death. Mr Frog doesn't realize the danger… that the increasingly warm and comfortable water will kill him... until it does. Myopia is the medical term for being able to see near objects clearly while those in the distance are blurred.
Gold Stock Analyst (GSA) sees too many US investors as focused on the short term, and as a result it is a nation of myopic frogs. Investors believe the US Dollar is a sanctuary for savings, when it is not. Versus the alternative reserve currencies, Euro, Yen and Gold, the Dollar has been the worst performer. But those who don't travel abroad are not aware how warm the water is becoming... just like Mr Frog.
