6.14.2013

The Chinese called. They want their gold.

Remember when we advised:
With citizens in the developing world gaining wealth and sure to want their share of gold at some point, do you really want to be underweight gold the next 10, 20, 30 years?
It looks like that point is now.

Stunning images from China: Ten thousand people waiting in line to buy gold.





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Quotations from Chairman Varones

There are very few financial problems that can't be solved by a suitable application of asset bubbles.