Central Planners Commit Worst Mistake In Monetary History
August 18, 2013
On the heels of continued volatility in key global markets, today 40-year veteran, Robert Fitzwilson, put together another tremendous piece. Fitzwilson, who is founder of The Portola Group, warned that central planners are now committing the worst mistake in monetary history. Below is Fitzwilson’s outstanding and exclusive piece.
By Robert Fitzwilson of The Portola Group
August 18 (King World News) – “Worst Mistake In Monetary History”
In American football, the annual Rose Bowl post-season tournament remains one the the most revered and anticipated contests. In addition to being played in beautiful Pasadena, California, the event is frequently the final launching pad for players moving on to the NFL.
Roy Riegels played for the California Golden Bears football team from 1927 to 1929. On January 1, 1929, the Golden Bears had earned the right to play the Georgia Tech Yellow Jackets in that year’s Rose Bowl. Riegels probably saw the event as the highlight of his career, but that day turned into his personal day of ignominy and a nickname that would endure for the rest of his life, “Wrong Way”….