Monday, June 07, 2010

Quote of the Year?

Now this guy knows how to get my attention. Anthony Fry, Sr. MD at Evercore Partners on CNBC Asia...

"I don’t want to scare anyone but I am considering investing in barbed wire and guns, things are not looking good and rates are heading higher".

Now there are lots of Doomsday nutcases stockpiling guns and buying Costco survival kits (I noticed that Sam's Club has jumped on this "end of the world" bandwagon with their own line of start your own farm, make your own clothes books), but when a prominent banker says it on CNBC it makes me wonder if he said it just to cause a panic in the CNBC control room :)


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