Value Investors Congress: David Einhorn speech
If you haven’t already seen this speech, it’s a must read. David Einhorn walk the reader through a failed government intervention, a dangerous Wall Street-Washington complex, and the challenges for fiat currencies globally. He’s not an alarmist on either side of the inflation-deflation debate, but rather, point to the fact that gold can be a store of value in inflationary periods (1960′s-1970′s) and deflationary (1930′s), and is generally a hedge against bad government. For the full speech, click here.
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Tags: dollar, einhorn, fiat currency, gold, value investors, yen
Currency, General, Strategy/Allocation | Yaron Sadan | 
October 21, 2009 4:33 pm
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