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Another Perspective

 

What Smarter Minds Than Mine Think About Gold

 

By Adam Taggart on Friday, April 12, 2013

 

If you're long the precious metals, beatings like they're taking today (gold down 4%, silver down 6%) can seriously shake your confidence. At times of self-doubt like these, I look to learn what people smarter than I are thinking; as there's a good chance they're seeing the big picture more clearly.

 

Over the past week, I've had a lot of good fortune to do just that. The bottom line? More than ever, the smart minds see fewer better options than the precious metals for preserving (and likely increasing) the purchasing power of one's wealth.

 

Last Friday, Chris and I had the pleasure of spending the day with John Hussman, John Mauldin, Jim Chanos, Mike "Mish" Shedlock and Michael Pettis at the Wine Country Conference in Sonoma, CA to benefit ALS Research. It was simply amazing to spend time in ... Log in or subscribe to continue reading.


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