Saturday, May 15, 2010
80% Gold, 10% U.S. Dollars, 10% Canadian Dollars
Gerald Celente is a pretty smart guy. He has been a leading trend forecaster for decades.
Celente said in an interview last week that he is personally holding 80% gold, 10% U.S. dollars, and 10% Canadian dollars.
Celente has been a gold bug for years. And he explained that U.S. and Canadian dollars tend to move inversely, so they act as a hedge against one another.
2 comments:
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You really need to remove this filtering of comments or you will never build a community. Let it be.
ReplyDeletehttp://www.youtube.com/watch?v=66y2bxydu9I
ReplyDelete.
gerard celente ... recent,
and i saw that barge post, better
second thought but it made me think
about the main objective, that being to
repair the structure of extraction
extant and not to stop the leaking.
"bang for buck". as they could stop the
leak today but would lose the casing, 3 miles.
i imagine it would be relatively easy to
collapse the casing given the state of modern
weaponry.
they prefer to keep the casing and risk more leaking in hopes of recovering the thing. this
seems logical to me, limited knowledge of the
details. i wish them the best of luck and fortune in containing it as profitably as
humanly possible, given their apparent priorities.