Tuesday 18 September 2012

Former Moore Capital Manager SWAG Advice


What looks to be a difficult decade ahead with money printing and economic downturn, the advice on the table is get more SWAG.  No, we're not talking about becoming a pirate, although the sea buccaneers knew what they were doing by hoarding as much SWAG as possible.



Silver, Wine, Art, and Gold are what investors should be looking at purchasing in order to safeguard their money, protecting it from inflation and interest rates.  Expert Joe Roseman predicts that SWAG will perform very well in the upcoming turbulent times.   Previously Roseman spent 16 years as a money manager and economist under legendary Hedge Fund manager Louis Bacon, founder of Moore Capital.   During his years working with the successful hedge fund manager, Roseman has seen this pattern many times; physical assets act as a money supply index tracker.



Roseman predicts poor performance in equities and bonds, especially as the measures to inflate away excess debts are sure to exacerbate the situation.  Whilst more money can always be printed, negating its value, more pieces of fine art cannot be reproduced, neither can the world's supply of precious metals, or the amount of aged and antique wine.   These assets will, at some point, act as alternative currency.

1 comment:

  1. Good idea on what investors should be looking for..

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