Miserable day for stocks and one of the worst weeks of the year for the major equity indices.
Gold and silver held up fairly well in today’s equity sell off.
Happy Cinco de Mayo.
It appears that Charlie Munger believes that the people of India and the Mideast are not civilized. And God only knows what he might say about the Chinese, including their central bank. Don’t they know they are supposed to hold US dollars, and invest them in treasuries and on Wall Street for safekeeping?. Charlie Munger on gold.
I wonder what kind of low lifes he thinks might be buying silver?