Infinite Unknown

Related info:

- How To Buy Bullion (What To Ask And What To Own):

As far as precious metals go, you need to:

1. Own actual Bullion
2. Store it yourself (not in a bank)

Only physical gold is real. Do NOT own soon-to-be worthless paper!

- Hugh Hendry: “I Have No Idea Where The Stock Market Is Going To Be”… But “I Am Long Gold And Short The S&P” (ZeroHedge, Oct 25, 2012):

One of the best presentations at this year’s Economist Buttonwood gathering (which is still being live-streamed here), was, as usually happens, Hugh Hendry. The contrarian Scotsman, who describes his style as one where he “positions ourselves outside the accepted belief system”, managed to say in 15 minutes what takes most pundits hours, and that’s without the appendices, charts, long-winded essays, and graphs. Because when it comes to conveying ideas, simplicity always wins, and few are as good at speaking in simple, logical terms, as Hugh Hendry. Continue reading »

Tags: Barack Obama, Bonds, China, Debt, Dollar, Economy, EU, Europe, Fed, Federal Reserve, Germany, Global News, Gold, Hedge Funds, Hugh Hendry, Hyperinflation, Inflation, Obama administration, Politics, S&P 500, Society, Stock Market, U.S., Wall Street

- Hugh Hendry On Europe “You Can’t Make Up How Bad It Is” (ZeroHedge, May 2, 2012):

At The Milken Institute conference yesterday, Hugh Hendry delivered his usual eloquent and critical insights on the state of Europe. Beginning with the statement that “All of Europe has defaulted”, the canny-wee-fella (translation: shrewd and cautious young chap) explained that “The political economy in Europe is such that the politicians chose to default on their spending obligations to their citizens in order to honor the pact with their financial creditors and so as time goes on, the politicians are being rejected.” Between France’s election of Mr. Hollande and Luxembourg’s ‘when times get tough you have to lie’ Juncker, Hendry says the only inspiration for Europe is fiction as “you just can’t make up how bad it is” as he goes on to discuss the precedent for a way forward, the grotesque distortions of fixed exchange rate regimes, why Weimar happened, why the transfer union will never happen, Ayn Rand’s reality, and fear politicians are feeling.

Continue reading »

Tags: Bonds, Debt, Dollar, Economy, EU, Europe, France, Germany, Global News, Government, Hugh Hendry, Inflation, Politics, Weimar Republic