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  • It's Ugly Out in the Markets [View article]
    It's not ugly if you're short the market and long gold. Then, it's Beautiful.

    Sadly, at this point, cash is once again King. High flying financiers are relearning key lessons of the past. One of those being:

    "Return OF capital before return ON capital."

    Those who made huge fees arranging or participating in high risk transactions are now having to pay the piper. Sadly, the FED's rescues will only serve to spread and prolong the pain.
    Sep 18 12:11 pm |Rating: 0 0
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