The BBC’s Max Keiser has sent me a link to an interview he did that sounds some of the same themes that I emphasized in today’s commentary, ‘Gold Passes Stress Test of Dubai Panic’. His list of sovereign buyers of gold should bolster your confidence about the metal’s prospects. Click here to access the YouTube segment. If the link fails, simply paste the following into your browser search field:
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http://www.youtube.com/watch?v=cSWSwhn-AWc
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More on this topic
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The Dubai Delay – is it the beginning of government defaults?
(Contrarian Profits, 11/30/09)
Dubai: An ostentatious real estate market to rival the U.S.
(Contrarian Profits, 12/3/09)
UAE Central Bank Makes Reassuring Noises
(naked capitalism, 11/29/09)
So Why Did Abu Dhabi Run to the Rescue of Dubai?
(naked capitalism, 12/13/09)
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