Here is the latest conversation I had with money manager Andrew Horowitz…. new insights for anyone who invests in anything.
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John is finally happy.
Nonetheless, I bought a pound at $650, and am quite glad I did.
Friends of mine were buying Disney at the time for $35. Disney is now at $29.
I still think John is wrong on gold. If everyone buys it, what happens to the price?
Everyone buys it.
Not so with HP, Disney, Caterpillar, etc. Not now, at least. People don’t trust companies nearly as much as they trust the feel and weight of gold.
Some folks like me just eat cake. Most of us are not tech savvy and mail in their letter.
*cough* Deflation *cough*
I was a little shocked, and out of pocket, when gold dropped.
One would assume that the Greece loan default would have pushed it up, if anything!
Great show guys 🙂
I have some silver. When is it gonna reach $1500/oz?