6 Comments
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Geva Zipper's avatar

Very good prespective, Thanks for sharing!

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Nicholas's avatar

"If you don't have to own it, its very unattractive"

savage but true

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Dan Luger's avatar

Fantastic discussion, great intellect marrying politics,geo politics and markets.

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Charlie's avatar

@Russell Clark Really enjoyed this (and pairs very well with with Le Shrub’s recent views on https://clearcommodity.net/podcasts/mining-stock-daily/le-shrub-on-the-us-debt-market-warning-sign-and-a-decline-of-american-economic-trust). Question: if EU funds are moving capital back home and exiting treasuries, what happens to EU zone exporters as the Euro appreciates? Won’t they face similar problems to Swiss businesses in the 1970s (i.e. they become expensive).

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SL's avatar

Good chat but he wants to sell bonds as rates rise to 10% but then ends with follow Buffet and buy bonds.. Classic in this industry.

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Russell Clark's avatar

Buffett is in cash and short bonds

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