Hi guys,
Interesting research note came out from Jim Grant's Interest Rate Observer recently. Jim Grant thinks that Ray Dalio's Bridgewater might be a ponzi scheme, or at least has serious regulatory irregularities.
Here are some excepts for those who haven't seen it:
http://www.zerohedge.com/news/2017-...-here-are-troubling-questions-posed-jim-grant
Interestingly, our mutual friend Paul J. Isaac of Arbiter Partners had some comments on Ray Dalio:
Looks like Paul J. Isaac is well aware that the Great Ponzi... of which Bridgewater is only the tip of the iceberg... might be about to implode Madoff/2008 GFC style.
Very smart of him to be buying up strong undervalued gold producers.
But mate... can't you just lay off the price manipulation? Obviously you want to continuously buy more while keeping the price down... but you know in Australia we have laws against this sort of thing!
Hi guys, Interesting research note came out from Jim Grant's...
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