Friday, November 20, 2009

SocGen On Gold Mania, And Why Gold Is Very, Very Cheap


With David Rosenberg discussing gold undervaluation virtually every day in his Gluskin-Sheff missives, it was only a matter of time before the other key currency contrarian, Dylan Grice, chimed in as well. Sure enough, Grice's latest letter will make Mr. Paulson want to launch his gold fund tomorrow if possible, as by January 1 the precious metal may very well have taken off to new stratespheric heights. Bob Janjuah - we are waiting for the trifecta.

Some preliminary observations from Grice: (more)

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