May 2, 2011
Marc Faber, editor of the Gloom Boom Doom report recently released his May 2011 report. Faber made a number of interesting insights that I will summarize. “What really concerns me the most is that “the inflation trade” has become consensus. An overwhelming majority of investors hates bonds and the US dollar and loves anything (stocks, [...]
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March 8, 2011
Seth Klarman of Baupost Group recently revealed his continued bullishness on gold due to persistent inflation worries. In his 2011 investor letter, Klarman wrote: “Yet another long-term risk confronts investors: the government’s fiscal and monetary experiments may go awry, resulting in runaway inflation or currency collapse. Bottom up investors would not wish to bet the [...]
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