the royal bank of scotland has just been cooked. Bank of america is the walking dead. what ever the FED is selling, i don't want it. thanks, but no thanks. 10%+ in gold production shares and a few kilo of gold as insurance can't hurt. ask an icelander what he would prefer? the remaining i-bankers are preparing to run roadshows for gold mining ipos in the 1st and 2nd quarters so there will be the added fuel of them ramping up interest.
Returning to a Gold Standard Is a Bad Idea [View article]
it is all very well to talk about what may or may not happen. i have brought a couple of hundred grands worth of shares in gold production companies and phyiscal gold. whatever happens i don't want to be in the soup lines. lets call it insurance.
The End of Gold [View article]
Returning to a Gold Standard Is a Bad Idea [View article]