A nice, concise bullish post on gold by Bill Fleckenstein. The ending quote is from one of the obvious financial geniuses of our time, John Paulson, who made himself and his investors billions by shorting subprime residential real estate at the right time.
The more that New York publications such as The New Yorker lionize Wall Street's great friend Larry Summers, the more you should fear for the financial future of this country. (For a HuffPo critique of that article, click HERE.) And the more you should consider owning tangible things rather than derivatives of those things, including publicly owned stocks.
Copyright (C) Long Lake LLC 2009