Treasury Secretary Tim Geithner traveled to China this week to reassure Chinese officials that we would get our budget in control and that their investment in U.S. bonds is safe. The Chinese didn’t believe a word of it and laughed at him during a speech at Peking University.
Watch this video to hear the details and my #1 mutual fund recommendation for conservative investors looking for a way to diversify out of the U.S. dollar.
Best,
Tony
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Uncommon Wisdom (UWD) is published by Weiss Research, Inc. and written by Sean Brodrick, Larry Edelson, and Tony Sagami. To avoid conflicts of interest, Weiss Research and its staff do not hold positions in companies recommended in UWD, nor do we accept any compensation for such recommendations. The comments, graphs, forecasts, and indices published in UWD are based upon data whose accuracy is deemed reliable but not guaranteed. Performance returns cited are derived from our best estimates but must be considered hypothetical in as much as we do not track the actual prices investors pay or receive. Regular contributors and staff include Kristen Adams, Andrea Baumwald, John Burke, Amber Dakar, Dinesh Kalera, Red Morgan, Maryellen Murphy, Jennifer Newman-Amos, Adam Shafer, Julie Trudeau, Jill Umiker, Leslie Underwood and Michelle Zausnig.
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{ 9 comments… read them below or add one }
Tony
Hi I love your input, but it would help a lot if you would
put the symbol that you talk about in your text part.
Sometimes we don’t hear it just right.
Thanks for the consideration.
Ray
Gold Down
Stocks Down
$ Up
HI Mr Sagami
I am sure your discussion is very important – I found your essays in other Weiss spaces valuable.
But I am deaf so cannot understand oral reports on streaming video – i hope you will post at least a summary of your recommendations
thanks
john sloan
Great pithy insights Tony. Well done. Keep these coming!
I look for your written comments because my comp does not get video programs.
I am a subscriber to all 3 of You’lls newsletters,and you’ve been the most accurate of anyone.
Thanks
Please just write the name of the conservative mutual fund instead of requiring me to take time to watch a video.
With the ups and downs of todays financial markets, uncommom wisdom provides sanity and guidance to those of us lacking investment expertise.
The video was good, thank you for your insight.