Thursday, April 19, 2012

Super-Insider Krawcheck Takes Gold Advisory Position

Sallie Krawcheck, who until last September was president of Bank of America Corp.'s Global Wealth Management group, has landed an advisory board seat at Gold Bullion International, which connects institutional investors and wealthy individuals with sellers of precious metals, reports Investment News.

If you need any further indication that elitists are very attracted to gold, Krawcheck's joining of this board should be it.

Krawcheck is as insider as you get. In 2005, Forbes named her as number seven in its list of The World's 100 Most Powerful Women.  In 2008, she was named to Investment Advisor magazine's IA 25, the list of the 25 most influential people in and around the investment advisory business.

Gen. Wesley K. Clark and  former  Securities and Exchange Commission Chairman Arthur Levitt are also on the board.

Despite elitists generally posing as anti-gold types, they never venture very far from the metal. John Maynard Keynes called gold "a barbarous relic" but made most of his fortune investing in gold mining stocks.

1 comment:

  1. Gold is the best investment of all. I know a gold buyer Long Island who have earned a lot with buying and selling this metal.