Hi Abold
Yes I really enjoyed the social media piece too.
In regard to physical, Chuks comment on wealth presentation also rings true.
One of the speakers (forget who) said that the governments policy to print money (Aust adds 11% to its money supply each year) obviously means that your savings (in cash) are being inflated away daily.
To stay ahead of the curve you are FORCED to speculate. Only by generating returns well in excess of inflation (given that real inflation is higher than RBA stats) can you actually create wealth.
And as we all know buying "blue chips" is great if you want to make 10% p.a., but that is:
A. Boring
B. Not going to let you buy the ferrari or yacht you always wanted.
notes on kentor from the gold symposium, page-66
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