Sep

12

Where are people going to put their money if they get more jittery about debt? You’ve gotta have serious balls to be putting your money into a tiny slug of metal at $2000-$3000 a pop. You can’t eat the stuff or put it in your gas tank. Whereas good corporations have loads of human, financial, and infrastructure capital with which to create wealth and adjust to prevailing conditions.


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  1. Anatoly Veltman on September 14, 2011 3:01 pm

    Finally a CNBC passing mention that Gold may be pledged in Europe crisis.

    To my finally-ending surpise, no one seemed to have put this forward before today

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