http://www.businesspundit.com/madoff-auction-to-sell-rolexes-fur-coats-and-80-boogie-boards/ Entrepreneurship, Startup Companies and Business Philosophy Fri, 19 Mar 2010 18:05:12 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.businesspundit.com/madoff-auction-to-sell-rolexes-fur-coats-and-80-boogie-boards/comment-page-1/#comment-18784 mthomas Wed, 11 Nov 2009 20:43:54 +0000 http://www.businesspundit.com/?p=15707#comment-18784 I believe that until our govt addresses the basic structural problems in our financial system of too much debt, we will not have a sustainable recovery. So while the stock market can stay irrational in the shorter term, in the long run I believe it will go back to reflecting the fundamentals of our boom and bust economy. And that's why I continue to feel that for long term investors a better portfolio allocation is in cash and gold. I think the gold price will continue to rise due to a lack of faith in central banks' policies and in fiat currencies. I recently saw a very interesting articles called <a href="http://www.goldalert.com/gold_news.php/" rel="nofollow">Gold Price Up, Dollar Down - Does it Really Matter?</a> which I think is particularly useful for investors to read to get a better sense of what's going on in the economy and the govt's role in influencing it. I believe that until our govt addresses the basic structural problems in our financial system of too much debt, we will not have a sustainable recovery. So while the stock market can stay irrational in the shorter term, in the long run I believe it will go back to reflecting the fundamentals of our boom and bust economy. And that’s why I continue to feel that for long term investors a better portfolio allocation is in cash and gold. I think the gold price will continue to rise due to a lack of faith in central banks’ policies and in fiat currencies. I recently saw a very interesting articles called Gold Price Up, Dollar Down – Does it Really Matter? which I think is particularly useful for investors to read to get a better sense of what’s going on in the economy and the govt’s role in influencing it.

]]> http://www.businesspundit.com/madoff-auction-to-sell-rolexes-fur-coats-and-80-boogie-boards/comment-page-1/#comment-18746 Ken Maxwell Tue, 10 Nov 2009 17:31:22 +0000 http://www.businesspundit.com/?p=15707#comment-18746 You can bid live online during the Bernie Madoff auction by visiting: www.proxibid.com/sheehan You can bid live online during the Bernie Madoff auction by visiting: http://www.proxibid.com/sheehan

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