Klarman (who is long gold):
“At our recent investment team retreat, virtually every speaker – many of the leading thinkers in the markets and in business-was of the opinion that terrible problems await in terms of paper money and that gold is an asset investors should seriously consider.”
My experience was very similar at a recent conference I was speaking at this weekend – a number of attendees came up and asked me about gold.
I literally can’t find a single manager that is currently bearish or short on gold or gold stocks. Please leave a comment if you know of a fund or manager that is bearish or short.
A list of bulls below: