Investing in Silver

That is hilarious. When you go in his den I bet he has a bunch of his stock certificates framed on the walls too. And when you need something to drink you choose between champagne and champagne…

So I know a hedge fund owner who uses a bag of cement (or mortar or whatever) left over from construction for a trading room door-stop. The cement bag said “Strong bonds” on it. That meant to me that the bag of cement was long 5-yr bond futures. That meant that traders were pretty vulnerable to the “you’re getting creamed by the bag of cement” comment.