March 24, 2009 1:22 pm
Matt Tobey
Matt Tobey
As the economic meltdown has progressed, we've learned a lot about which experts got everything wrong leading up to the crisis, but did anyone get it right? As it turns out, someone did. Way back in 2000, right after George W. Bush was declared the winner of that year's Presidential election, Jon Stewart gave Daily Show viewers a financial tip, a piece of advice that had you followed you'd now be sitting pretty.
Just a joke? Yeah. Out of context? Sort of. But, in December 2000, gold was trading around $270/oz., and today, it's at nearly $950/oz. How did all that non-joke in-context financial advice you took turn out?
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Wow, that is pretty slick dude!
RT
http://www.privacy-tools.us.tc
I bought Apple instead. (~$11 -> $107 today).
But Gold wasn't a bad choice.
popurls.com // popular today…
story has entered the popular today section on popurls.com…
I got news for you all, Gold is going to go even higher due to the inflation that will result from the current administrations stimulus spending packages.
Funny how actual economists say this and are balked at, a comedian says it and people retrospectively nod their heads – and still don't do it.