“His single best investment idea for the next ten years is, ‘Sell JPY, Buy Gold, and go to sleep,’ as he warns of the current situation in markets, ‘we are right back there! The brevity of financial memory is about two years.’ The main thrust of the discussion is Bass’ thesis on Japan’s pending collapse – which we wrote in detail on here, here, and here – and while the details of this thesis should prepare most for the worst, it is the Q&A that provides some very clear insights into just what is going on in the world.”
http://www.zerohedge.com/news/2013-03-12/kyle-bass-warns-aig-world-back
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