Sure, it's only The Voice; but tomorrow it could be American Idol, and by next month, America's Got Talent."
And nothing of value was lost?
That's the joke.
Tablets are a fad in the consumer space which will fizzle out in 2 years
iPads are officially 3 years old now. They certainly might still fizzle out -- netbooks were pretty much replaced by tablets, and tablets could be replaced by something else.You need some kind of rationalization beyond just saying they'll fizzle out, though. There is obviously a market for them (and netbooks before them) that traditional PCs don't fill. Something's going to fill that niche.
Gold isn't even at historic highs, for that it would have to be 1:1 with DOW, and it's nowhere near
That's not really a reasonable comparison. First, the Dow is a bit arbitrary -- it follows only a specific group of 30 companies that are supposed to represent the US economy. Here are a couple of articles at different times about what would have happened if Apple had been added:
when apple was up:
http://usatoday30.usatoday.com/money/perfi/stocks/story/2012-02-15/apple-stock-dow-jones-industrial-average/53109426/1
when apple went down:
http://blogs.marketwatch.com/thetell/2013/03/05/apples-not-in-the-dow-thank-goodness/
Basically, that would completely change the value of the Dow and we would all be panicking right now, as the down dropped with Apple stock. On the other hand, around the election, people would have been crowing about the stock market hitting all-time highs.
So apart from comparing an historically trackable value, like gold, to an arbitrary measurement like the Dow, they also track different things. You're comparing gold's value to something which is trying to track the overall US economy. And the US economy is MUCH bigger than it was at the turn of the last century. Gold shouldn't mirror the US economy. If it did, THAT would be a definite bubble.
Genetics explains why you look like your father, and if you don't, why you should.