Friday, June 4, 2010

Controversial Kitco Commentator In Debate This Coming Weekend

Jon Nadler of Kitco is going to be debating Frank Holmes of U.S. Global Investors as part of the Cambridge House World Resource Investment Conference.
Topics covered are expected to include the future of paper money, gold’s utility as a safe haven for wealth, the role of central banks in gold pricing, and the impact of Asian economies on gold. Nadler and Holmes will talk about how high the gold price should go, relative to currencies.

Fitch said he thinks this type of debate is needed because of the widespread view among investors that the U.S. economy is a house of cards and the U.S. dollar is falling down, leaving gold as potentially the only hard asset that can act as a store of value.

He describes the 30-minute debate as a bear versus bull type argument....

It's hard to decide which will be the most interesting part of the debate: the speakers or the audience reaction.


Update: Kitco News has a brief report on who said what, noting that it was "amicable." Video clips are embedded in the report. Those who want to see a video record of the entire thing can go to this page here.

3 comments:

  1. I will be fascinated to hear the results of this debate, given the consistently disingenuous, misleading, and outright pro-establishment falsehoods typically spewed by Jon Nadler on the topic of gold. The man is little more than an apologist and defender of central banking and the corrupt financial status-quo, and has an abysmal track record when it comes to making predictions regarding the gold market and industry.

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  2. A couple of weeks ago Nadler was touting rhodium as an investment for the general public,although
    he recommended not to take delivery of the stuff
    due to its hazardous nature.It was some powder in a bottle,which were to be kept closed.He was very bullish on rhodium and I guess if you would want to downplay golds bullishness,one could start to advertise every other element in earths crust more worth while owning than the money metal...

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  3. Bullion Exchanges is a reputable Bullion Seller established in the heart of New York City's Diamond District.

    Bullion Exchanges have a wide variety of products including but not limited to, metals that range from the gold and silver to the prestigious platinum and palladium.

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