
From Kyle Bass comes this nugget:
“Buying gold is just buying a put against the idiocy of the political cycle. It’s That Simple”
Economic, Financial and Political Analysis

From Kyle Bass comes this nugget:
“Buying gold is just buying a put against the idiocy of the political cycle. It’s That Simple”
by Monty Pelerin on April 26th 2013
by Monty Pelerin on April 18th 2013
by Monty Pelerin on April 5th 2013
by Monty Pelerin on April 1st 2013
by Monty Pelerin on March 27th 2013
It is a seductive defense, though, in this very volatile moment in history. Probably better than the mattress, definitely more reliable than government instruments, and is a necessary fall-back position for a good portion of the portfolio.