I get emails from someone named Monty Guild that focus on a global perspective, I read things from people like Puru Saxena who have perspective on the emerging markets. Today, a nice buttoned down piece is presented here from Frank Holmes, laying out the case for emerging markets. It focuses on the relative productivity (less reliance on debt) of these markets. Check it out (5th item down the list).
Now, with the d Boys assuming the mantle in the media, timing is the issue. NFTRH has a subscriber - who I have interacted with many times, and even met in person - who makes his bones by getting boots on the ground in some of the more remote outposts. And when I say boots on the ground, I mean with foreign leaders... not to mention at least one US president that I know of. When I tucked away a little bit of an African investment for the kids college accounts, it was with a long term horizon and after running it by this gentleman.
So, while we get hysterical near term about the linear aspects of the deflation argument - and all those emotions that come with it - why not at least entertain the idea that the world is not ending, just perhaps changing? No need to rush, but secondary to NFTRH's gold stock opportunities are those of the emerging economic world.
