Despite all the cries of "money printing," the dollar has gone up, not down!

Ira Sohn conference is underway: last year's big idea...buy gold

Well, the annual get together of that elite cadre of egotistical, clueless, financial bozos is underway again. No, I'm not talking about a JP Morgan board meeting, but rather, the Ira Sohn investment conference.

Last year's big idea? Buy gold. That worked out well, didn't it?

I wrote about it, here.

Hey Kyle Bass...how's that gold position doing?

Hey Kyle Bas...how's your gold position doing? Jimmy Rogers...how's that short Treasury position doing? Peter Schiff...how's that dollar collapse coming along?

"The only ones who got everything right were the MMT guys." -John Carney, Sr. Editor CNBC

That's us!!

And this was all predicted in my 2012 Yearly Outlook.