Sunday, June 1, 2008

Where Bill Bonner Puts His Money


A buying opportunity, if you ask Bill Bonner. Sound Of Cannons is pleased to offer you this rare glimpse into Bill Bonner’s portfolio… here’s what our old friend has been buying these days, in his words:
1) Gold. Is it going up? We don’t know... we think there is a fair chance of it. But we don’t care; the gold (we hope) is for the next generation.

2) Swiss francs... because it is not the dollar

3) Emerging markets... because they are going up; it’s a trend we think will continue as the world economy regresses to the mean. We suggest an ETF of major developing markets... recognizing that some will probably fail and others will continue to grow.


{Here at SOC, we'll always respect the philosophical master of all things economic ~ buit Bill operates on a different financial plane than the rest of us. Please include silver in your investment choices.}

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