Prof. Jeremy Siegel gets a pretty tough criticism by Jason Zweig, WSJ,
My take from the article is this cool site, EH.net, added to my research favorites.
Using one of the many options on site, I found out that the annualized inflation rate (in the US) from my inception (;)) to date was 4.06, much higher than the target rate of about 2% makes you wonder, isn’t it?
So this movie is circulating the blogosphere
With respect to the people appearing in this movie,
This movie was written by Jonathan Lebed
have you Wikipedia Jonathan Lebed?
having done so, and to cut a long story short: as a minor the guy was prosecuted by the SEC for running penny stocks in internet chat rooms and settled for some 285K.
He is currently an active trader and sells his advice through a newsletter.
Let me state the following :
The movie sounds like a hard sale push talk.
You would not accept such a hard sale conversation from the ordinary salesman.
Note the scary music, loud towards the end to make the message stick.
Most respected persona in the movie are shown via clips taken from the networks.
I would look further into the material before jumping to conclusions.
I am long gold though.
Ah… the inflation threat, i know, am worried too.
What should one do, buy a Parisian retailer like like the Dankner do? or dig gold like paulson and Spitznagel?
A tough dilemma..
I pulled out an old article by Warren Buffett to shed some light on investment expectations and strategies.
The deflation/inflation debate appears to be leaning towards inflation these days while stagflation had returned to the discussion as a threat-term.
On a side note: Nouriel roubini looks like he partied too much, this sign alone may signal the end of the recession. (no, not really).