This a re-run of Kyle Bass, who forecasted the subprime mortgage meltdown and financial crisis of 2008. His predictions in 2011 have not come to fruition--at least not yet. His purchase of a $1 million of nickels is extreme, but it's a classic move coherent with Gresham's Law. Sorry readers, some things you'll just have to Google.
http://www.zerohedge.com/news/some-words-advice-kyle-bass
Tuesday, February 10, 2015
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