Precious Metals Forum

Go Back   Precious Metals Forum > Precious Metals and Economic News > PM Bug

Like Tree1Likes
  • 1 Post By Unobtanium

LinkBack Thread Tools
Old 02-10-2013, 10:23 PM   #1
Big-eyed bug
Unobtanium's Avatar
Join Date: Nov 2011
Posts: 451
Liked: 344 times
Legg Mason encouraging investors into gold

The big investment firms are finally steering investors toward gold.

Cliff notes:
Can skip first 7 minutes without missing much
7:00 to 9:50 - Calvin and Hobbs "Calvin Ball" version of Economic Policy
12:00 - Debasing currencies; money velocity, money going into real assets like gold.
14:00 - Currencies relative to gold
14:15 - Swiss Franc
17:00 - Games played by the Fed
20:00 - Reasons for gold

Keep in mind the above while viewing the graph below, where we see that Investor Gold Holdings are only a tiny slice of Global Financial Assets.

PMBug likes this.
Unobtanium is offline   Reply With Quote
Old 02-11-2013, 07:42 AM   #2
Golden Cockroach
PMBug's Avatar
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,144
Liked: 2459 times
Nice to see fudiciary responsibility trumping the desire for commission churn in an investment firm.
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline   Reply With Quote

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Similar Threads
Thread Thread Starter Forum Replies Last Post
EU VAT-rate "harmonization" is going to raise silver costs for German investors swissaustrian Silver Bug 14 10-18-2012 04:09 PM
Couch Time For Precious Metals Investors Unobtanium PM Bug 1 01-04-2012 03:46 AM
Japan tries to entice investors with a half ounce of gold PMBug Gold Bug 2 12-06-2011 09:48 AM

All times are GMT -5. The time now is 01:29 AM.

Powered by vBulletin® from Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.6.0 PL2 ©2011, Crawlability, Inc.
Content of copyright © 2011 - 2020 Measuring Up. All Rights Reserved.