A policy response to the European crisis and lower energy prices will improve economic conditions in the second half of 2012.
Gerry Sparrow
66 posts
Our investment approach is to buy companies with consistent earning power and high return-on-equity that employ little or no long-term debt, and to purchase at reasonable prices with a high margin of safety.
In this radio interview, Gerry Sparrow describes why he's bearish on fixed income securities at this stage, preferring precious metals and commodities.