For Whom Wealth Matters
April 18, 2013 Leave a comment
My find of the day was the works of the billionaire hedge fund manager Eric Sprott. You can read them here:Link.
A good post you could start with is this :Link
Whether you agree with his conclusions or not, you are bound to benefit from being aware of the source materials he refers to.
June 5, 2012 10 Comments
Below is an article from today’s ET.The author has failed to convince me that buying and holding physical gold at current prices is likely to be a good idea in the long term.After all paper currency systems must collapse sometime and gold tends to be around forever.But buying paper gold,especially as part of a blended mutual fund such as a combo of equities,gold and debt might have something going for it.Read the article below and decide for yourself:-
Gold to scale new peaks in coming years: Ritesh Jain, Head of Investments Canara Robeco Asset Management.
It’s a lump of metal with no cash flows and earnings power. The buyer even foregoes gradual accumulation of intrinsic value as it is industrially useless. But just imagine the second-largest economy in the world frantically buying this metal. Read more of this post
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