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Off the Cuff: When The Going Gets Tough, The Tough Want Their Gold

Wednesday, March 7, 2012, 11:07 PM
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In this week's Off the Cuff with Mish & Chris podcast, Mish and Chris address:

  • Holding the Bag in Europe

    • At this point, it would take a miracle to save taxpayers from getting stuck with the bill for this mess
  • Got Gold?
    • All of a sudden Europe's leaders are demanding their gold. Think it's still a "barbarous relic?"
  • Sliding back into Recession

    • The data on the worldwide economy looks bad and is getting uglier

The quick takeaways from this week's podcast? Pay no more attention to what Europe's leaders say -- instead, watch what they do. Prepare for a Greek (and Spanish and Portuguese and ...) default, and keep your precious metals close.

 

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