
That Belongs in a Museum! (Or My Pocket)
Snakes. Why did it have to be snakes... and now gold! Seems everyone's got a fever for the yellow metal. This Einhorn fella at Greenlight Capital he's betting big on it. Claims gold's up over 20% this year. That's more than my cut from the last artifact I 'liberated' from those pesky Nazis. Remember that golden idol? Good times good times... almost got squashed by a giant boulder though. Worth it!
Aggressive Fiscal Policy? I Hate These Guys!
Einhorn says it's about confidence in fiscal and monetary policy. He bought gold back in '08. Says U.S. policies are too aggressive and create risk. Reminds me of Belloq always trying to one up me with his fancy equipment and questionable morals. These finance types they're all the same! Just replace 'artifact' with 'gold' and you've got yourself a villain.
Government Efficiency? More Like Government Inefficiency!
Apparently this 'Department of Government Efficiency' isn't cutting costs fast enough. Einhorn says there's a 'bipartisan agreement to do nothing about the deficit.' Sounds about right. Like those bureaucrats in Cairo always shuffling papers while the world burns. You want something done right you gotta do it yourself... or hire a good pilot. Thanks Jock!
Defense Against the Dark Arts (of Finance)
Gold and 'defensive positions' are helping Greenlight have a strong year. They gained 8.2% in the first quarter while the S&P 500 tanked. Smart move I say! It's like bringing a whip to a gunfight. You might not win every time but you'll definitely make an impression. And maybe swing across a chasm or two.
Inflation? I've Seen Worse!
Einhorn doesn't see gold as an inflation bet but he's got positions on 'long duration inflation swaps.' Sounds like something Short Round would concoct in his spare time. All this financial mumbo jumbo gives me a headache. I prefer my treasures old dusty and preferably cursed. At least they're straightforward.
Next Crisis? I'll Be Ready!
These 'behaviors ultimately lead to inflation and higher inflation,' he says. So what's a fedora wearing archaeologist to do? Maybe I should invest in gold. Or maybe I'll just stick to what I know best: finding ancient artifacts and outsmarting bad guys. After all as my old pal Marcus Brody always said 'Don't get cocky!' But you know I will anyway.
dickdilka
If Indy invested in gold, he'd probably lose it in a jungle somewhere.
panda
Next crisis? Time to dust off the whip and fedora.