November 17, 2008
– Comments (6)
This is part 1 of 4, with the rest to follow below...
Part 2 of 4... forced liquidation across all asset classes has occured while the fundamental picture for commodities has only improved.
Part 3 of 4, on China. Selling China in 2008 like selling the U.S. in 1908.
Part 4 of 4. Hold on to your real assets, because that's the only place to make money over the next few years. This is not deflation we're experiencing, but forced liquidation, to be followed by an inflationary period that cannot be avoided. Just as in the 30s, the government has fought the wrong battle.
Great post. Do you happen to know what Chinese water treatment companies he has bought?
Gold in the pocket....classic.