scotsamurai

Countdown of Manipulated Gold Price Running Out

Friends-
I wonder if anyone would like to comment on my strategy of buying and holding physical gold (coins and bars) and at the same time buying long-term puts in GLD at my purchase price? Of course i know it is getting to be expensive to buy the GLD puts, but if you're looking for true "melt-down" insurance, isn't this the method? Welcome all comments. Thanks.

A Rustbelt Revival: From Doom to Boom

Good article, generally good comments. However, as an international trade lawyer who has worked for lots of "rust belt" companies trying to help them export, I am forced to agree with the others that the UAW (and Steelworkers, Teamsters and other American unions) are the kiss of death when it comes to reviving dynamic business in the rust belt. That's why Toyota, Nissan and BMW all went to the Sunbelt. Can that change? Perhaps, especially if Obama isnt elected, since his team supports the secret union ballots that the laobor bosses are trying to impose on business. I wouldnt invest a cent in Detroit until/unless we see a clear path to right-to-work laws in MI and OH. Thanks again for the good article.