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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Jorj X Mckie who wrote (10596)11/19/2008 12:09:46 AM
From: John Pitera1 Recommendation  Read Replies (3) of 33421
 
Hi Tom, were we not on the phone talking back in 2000- 2001 when you had started to buy physical gold as low as $275 and oz and then kept adding to your position? I remember us ruminating about the coming macro economic inflationary cycle.... and this is the time to really be doubling down especially on the real high end of the inflation asset class:

high grade diamonds, gold, collectible art over 50 years in age. I see the high end diamond bids going significantly north the next 2 years as the transportability and authentication of them by the GIA, TIF etc.... increase their quality assurance in private sales.

John
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