[thegmanifesto]

Interesting article:

Stock picks from Fed officials http://money.cnn.com/2012/02/02/news/eco...?iid=HP_LN

Quote:

Richard Fisher, president of the Dallas Fed, is one of the richest of the 12. He accrued a portfolio of at least $21 million after working 22 years in the financial industry as a banker, stock broker and hedge fund manager.

Fisher owns more than 7,000 acres in Texas, Georgia, Iowa and Missouri, in addition to more than $1 million in SPDR's Gold Trust (GLD), and at least $50,000 in platinum and uranium each.

He also holds common stock in at least 43 companies, including more than $500,000 in Google (GOOG, Fortune 500).

So land, Gold, Platinum and Uranium.

I am down with Gold.

Been thinking of buying Platinum.

And bought a bunch of Uranium stocks all last year after Fukushima. (I am thinking I should have bought way more.)

Decent.

http://www.zerohedge.com/sites/default/f...%20GLD.jpg

Quote:

While we first presented Bill Dudley's financial disclosure two days ago, we did so to present the New York Fed's president, and former Goldman managing director's, implicit need to perpetuate the status quo from even purely personal wealth reasons (AIG and GE waiver issues aside). Yet that a Fed member, especially a Goldman alum, is deeply enmeshed within the fabric of the existing, and failing, monetary system is not all that surprising. What is far more surprising, is that the Fed's FOMC may well have a gold bug within its midst, because we were rather surprised to find that none other than the Dallas Fed's Dick Fisher, who however is no longer a voting Fed president in the 2012 year, is a proud owner of at least $1 million worth of Gold in the form of the GLD ETF....and another up to $250K in physical (not paper) platinum. Which begs the question: is Fisher the only Fed president to have seen the light and to put a substantial portion of his wealth in the only asset class that benefits in real terms, from the perpetuation of the Fed's dollar, and fiat broadly, debasement strategy?

http://www.zerohedge.com/news/goldbug-fed