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This so called "talking Head" has been pessimistic, plugging gold, precious metals & short positions for MONTHS.
I sincerely wish there was an easy to use tool on MSN that lets us track the likes of Fleckenstein and Mirhaydari
and their predictions, "calls", etc. Right now, if he's "on board"-- NOW I will panic.
" At the time of publication, Bill Fleckenstein owned gold".
Sorry, this guru reminds me of Jim Cramer (before his Bear Sterns crash & burn) and the other promoted Bear on MSN Money, Anthony Mirayrhandi. Not sure his results are equal to or better than his pessimism.
Fabulous tips ! Two of my best friends fit this advice to a "T" and have 2 loving, lovely grands, partially as a result
of simple "face & play" time....
For how many years has Fleckenstein been "long" Gold ? Looking at 1,2,5 & 10 years (a la Ron Paul), it's been a great investment long term. But, one's got to eat & pay bills and nobody I know takes gold for the light bill.
Single payer system, w/ Insurance cos. only needed to administer claims process. If you spread the risks among the 319MM eligible Americans (NOBODY has proposed covering undocumented immigrants), lose the tax free Employer sponsored health insurance-- redesign the inefficient "pay for procedure" delivery system, develo...more
For one thing, anybody that thinks they can predict what "tax expenditures" (like the favoritism Roth accts receive) will remain- ad infinitum- is frankly delusional. Next, the whole "Tax free" growth in retirement growth has always been premised on the fact that folks will have a lower tax rate in their retirement yea...more