2008 'Annus Horribilis' for Leucadia; Still Optimistic for Future [View article]
Capt Brian, They are devaluing that cash you have at rates never seen in history. In fact, they told Stephen Hawking to think of the biggest number possible...and then they told him the rate of money printing and he went "Wow, that's bigger than the number I had!" Then he was rushed to the hospital.
Cash WAS king. Things change. Right on about gold and silver (skeptical about platinum).
I really feel for Ian Cumming. He's one of the very best...when the US Ponzi scheme of debt isn't collapsing. I fear he will catch the knife and ride the ship down to new lows. Not buying here. If LUK is still around post-dollar-fail, I'll consider LUK.
2008 'Annus Horribilis' for Leucadia; Still Optimistic for Future [View article]
They are devaluing that cash you have at rates never seen in history. In fact, they told Stephen Hawking to think of the biggest number possible...and then they told him the rate of money printing and he went "Wow, that's bigger than the number I had!" Then he was rushed to the hospital.
Cash WAS king. Things change. Right on about gold and silver (skeptical about platinum).
I really feel for Ian Cumming. He's one of the very best...when the US Ponzi scheme of debt isn't collapsing. I fear he will catch the knife and ride the ship down to new lows. Not buying here. If LUK is still around post-dollar-fail, I'll consider LUK.