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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: LoneClone who wrote (131447)9/22/2008 10:23:21 PM
From: rubbersoul  Respond to of 313483
 
I know exactly what you mean. Hedge funds have the same effect.



To: LoneClone who wrote (131447)9/23/2008 8:45:41 AM
From: shakes  Respond to of 313483
 
What was most interesting wasn't his recommendation but his 'why's' (not to be confused with 'wise') behind it:

a) if Paulson's plan is enacted by Congress, it will be highly inflationary, thus buy gold!

b) if Paulson's plan is rejected, all bets are off, thus nowhere to hide, thus buy gold!

pretty direct for a CNBC talking head

fwiw,
Shakes