From Kyle Bass comes this nugget:
“Buying gold is just buying a put against the idiocy of the political cycle. It’s That Simple”
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From Kyle Bass comes this nugget:
“Buying gold is just buying a put against the idiocy of the political cycle. It’s That Simple”
You must be logged in to post a comment.
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.