Bill Fleckenstein is one of the few straight shooters in the mainstream media that I read. I like him because he has been right on through the last few years. He predicted the housing and economic collapse. Now he is parking his dough where his mouth is-in gold. Gold, btw, is up again today
You see, Bill seems to know that while inflation is low (I can't buy government numbers, because I pay real cash at the grocery store) that if and when our economy starts to recover, inflation is going to come calling-in a very nasty way. Here then is his latest article.
http://articles.moneycentral.msn.com/Investing/ContrarianChronicles/your-dollars-are-just-monopoly-money.aspx
Monday, October 12, 2009
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