Monday, 1 September 2008

Ian Henderson: gold

Ian Henderson is the manager of JPMorgan's Natural Resources fund. So what? No, listen, the guy is just crazy about gold. He loves the stuff. He says, 'You don't buy an ounce of gold to eat it. You buy it basically because you're greedy, because you want to make money out of it.'

That's fine. But why isn't he into base metals instead? Doesn't he realize that base metals are far cheaper and can easily be transmuted into gold? Well, okay, not easily, but it can be done.

Ian, mate, send me an email, and I'll put you in touch with someone. Enough said.