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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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From: siempre	9/29/2004 12:12:39 PM
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Bill Gross has gone nuts with the rest of us.... [or at least me] Add to the list of respectable people who are starting to sound like GATA lunatics the managing director of Pacific Investment Management Co. (PIMCO), Bill Gross, who is said to be the most important bond manager in the world. In commentary just posted at the PIMCO Internet site, Gross addresses the fraud of U.S. government inflation and productivity statistics, an issue that, he writes, "no rational money manager or economist wants to answer for fear of becoming a fool, or a conspiratorial kook." There, there, Bill -- it's not all so bad. Short your bonds, buy gold and silver, and be called a kook all the way to the bank -- or, since the bank may not be there anymore, all the way to the vault you've buried in the back yard. The Government Con Job.... pimco.com

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