Betting on Financial Armageddon – John Mauldin
Source: http://new.goldmau.com/article.php?id=724Posted on Monday, September 22nd, 2008 | In Investing Lessons, Market Commentary, Precious Metals
Contributed by: John Lee (http://goldmau.com) -
My Dad used to tell me there is no accounting for standards when looking at something that seemed odd. Today, we have faulty standards for accounting that are ripping apart the fabric of the world’s economy.br>br>a href=”http://new.goldmau.com/article.php?id=724″>Continue reading/a>
Last 5 posts by John Lee
- How Equity And Currency Markets Behave After Financial Crisis - June 2nd, 2009
- Aristotle's Choice Of Money Revisited - May 1st, 2009
- Feed the World - and Boost Returns - Don Coxe - November 10th, 2008
- The Problem With Deleveraging - John Mauldin - November 10th, 2008
- Obama to the Rescue? - John Browne - November 6th, 2008
 About John Lee (http://goldmau.com)
Mr. Lee runs a successful resource focused hedge fund (limited partnership). He is a CFA charter holder and has degrees in Economics and Engineering from Rice University. Mr. Lee has a keen interest in the history of money and economics, and he previously studied under Mr. James Turk, a renowned authority on the gold market. Since 2001, Mr. Lee has researched hundreds of mining companies and personally met with dozens of management teams. He is a sought-after speaker at all major resource conferences and publisher of articles at various online news websites such as Kitco.com. |
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September 22nd, 2008 at 9:55 pm
[...] Finance, Economy-Business News, Stock Market wrote an interesting post today onHere’s a quick excerptBetting on Financial Armageddon – John Mauldin John Lee Writes: My Dad used to tell me there is no accounting for standards when looking at something that seemed odd. Today, we have faulty standards for accounting that are ripping apart the fabric of the world’s economy. How can a security that has a high probability of full repayment be downgraded from AA to junk levels? What we will explore today tell us a lot about why we are in the crisis state of affairs. Since I wrote you last Friday, th [...]