zondag 30 oktober 2011

A Few Thoughts On The Greek Situation

In America, we’ve had states go bankrupt, cities, counties. This has happened before. It didn’t end America, didn’t end the US Dollar. You let entities collapse, go bankrupt. This happens all the time. This happened throughout history. That’s all you have to do, let them go bankrupt, let the people who made the bad loans take their losses and start over from a sounder base. But just pushing into the future and letting debt go higher and higher will mean it’s going to end very, very badly and then you know, five years from now, you may have a complete collapse of the Euro, the European Union and for that matter, all the Western world.

zondag 16 oktober 2011

I’ll Probably Make More Money In Agriculture Than In Other Things

Agriculture prices are still, on a historic basis, extremely depressed, and in my view I’ll probably make more money in agriculture than in other things.

zondag 2 oktober 2011

The US Dollar Has Started To Fade As The World`s Reserve Currency

The U.S. dollar has started fading as the world's reserve currency. However, the dollar could get a temporary boost if the government allows U.S. companies to repatriate their overseas cash without onerous taxation