After reading Crisis Investing, I realize the value of commodities. Not being able to afford gold or silver, I bought the next best thing: silverware. If I ever open up a soup kitchen I’ll have plenty of forks to go around.
But seriously, how should one invest?
The road to hell isn’t paved with gold, it’s paved with faith. Faith in a dollar that’s backed by a belief that people have faith in other people’s belief in it.
The Bernank might not be able to grow our economy, but he can sure grow a heck of a beard.
I agree with Casey that the US economy is overregulated. Consequently, the market has more distortions than a house of mirrors, and its body image should be suffering for it. America is morbidly obese, yet she dresses in skin-tight hot pants as though she were Twiggy at 20.
If you want to know what to invest in and why, not specifics, but more the fundamentals, then this book is definitely for you.