League Table: The Top Sovereign Default Repeat Offenders [View article]
A nice reminder that besides Madoff, investment banks, hedge funds and the overpaid and incompetent CEO's that run many of our world's top companies, are not the only investment worry for Joe-Six-Pack's IRA. Countries themselves have willfully stolen investment dollars. As deluded as some Gold Bugs are, there is no denying that physical possession of this asset provides no exposure to the litany of lunatics offering investments based on trust.
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A nice reminder that besides Madoff, investment banks, hedge funds and the overpaid and incompetent CEO's that run many of our world's top companies, are not the only investment worry for Joe-Six-Pack's IRA. Countries themselves have willfully stolen investment dollars. As deluded as some Gold Bugs are, there is no denying that physical possession of this asset provides no exposure to the litany of lunatics offering investments based on trust.
Dec 16 09:35 am
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All Comments by BxCapricorn »League Table: The Top Sovereign Default Repeat Offenders [View article]