Thursday, November 19, 2009

Finerman Does Not Get Gold, Paulson Launches Gold Fund

Finerman? on the Fast Money show does not understand. Gold isn't necessarily just an inflation trade as Finerman believes.  She is afraid of Gold "look out below" on inflation expectations.  She is clueless.

Gold does well in environments when fiat money is being abused and vulnerable and being debased.  Can we say with certainty that is exactly what is happening in the U.S., Japan, Europe and China, yes, China?  The answer in my opinion is definitively Yes.

Meanwhile Paulson, billionaire hedge manager, is launching a gold fund.

I should not have sold my miners earlier.  I am now scaling in very gradually into Gold miners.
A great site to learn about gold stocks is Gold Versus Paper

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