Nov 28 2008
Citigroup Analyst Predicts $2,000 an Ounce Gold in next 2 Years: Another Stupid Move by U.S. Government Where we Should Have Invested the Bailout Money in Gold Bars.
So what do we get for our massive bailout of Citigroup? How about an ominous warning that global markets will collapse or we will face massive inflation. Either way, the suggestion from one analyst at Citi is gold will go to $2,000 in the next 2 years. We just backstopped $306 billion in toxic mortgages [...]
Aug 18 2008
How to Invest Wisely and Diversify: 3 Current Economic Issues. Gold, World Currency Reserves, and World Housing Bubbles.
I’ve done my best to remain diversified. I don’t mean simply having 10% in a global mutual fund, 20% in a small-cap fund, 40% in a blue chip fund, and 30% in bonds. You can rearrange the numbers a bit but there is this intense belief bordering on religion that by having your [...]
