CNBC Interview with Hedge Fund Star Kyle Bass

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Mar 14, 2012
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.