Ben Davies: Equities -- A rarified 'app-mosphere'
The seeming insanity of today's "markets," in the view of Hinde Capital CEO Ben Davies, was capped this week by the rocket ride of Twitter's initial public offering. But when insanity is reality, Davies writes, "Although we promote feverishly the tenets of sound money, when it comes to markets our aim is to just make some at a rate faster than the central bankers debase it." Davies' commentary is headlined "Equities -- A Rarified 'APP'mosphere" and it's posted at the Hinde Capital Internet site here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.