Wednesday, October 13, 2010

Report from the Value Investors Conference

One of the speakers at the VIC said asset classes have never been so correlated since 1926.

Folks, this is known as inflation. The economy is moving away from an incredible demand to hold cash toward the exact opposite: A flight from cash toward assets, any assets. And this is before Bernanke launches  the inflation ship QE2, after the mid-term elections.

Hug your gold coins every night before you go to bed.

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