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CNBC Interview with Hedge Fund Star Kyle Bass

March 14, 2012 | About:
CanadianValue

CanadianValue

207 followers
He made a bundle from the housing bubble popping. He made a bundle from Greece’s problems. He has made a bundle on gold.

His comments in this interview include:

- Believes central banks will continue to monetize fiscal deficits which means that gold is likely to be attractive going forward.

- Doesn’t think a slowdown in India and China will impact gold prices.

- Prefers taking physical delivery of gold if you are going to hold it as a long-term investment because the rolling of gold futures costs more than the storage and insurance on gold.

- Bass doesn’t believe in going back to the gold standard.

























About the author:

CanadianValue
http://valueinvestorcanada.blogspot.com/

Rating: 3.0/5 (11 votes)

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