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Message: Rosenberg - Investment Outlook

Aug 09, 2011 12:03AM

Gluskin Sheff's David Rosenberg

"And if there is anything out there that is remotely close to “recession proof” it is corporate balance sheets and so an emphasis on credit is going to be critical — the idea is to be selective and identify those entities that have a single-A balance sheet but pay out a BBB yield.

We are believers that gold and gold mining stocks will prove to be profitable investments as the economic downturn inevitably prompts more money printing, not just out of the Fed, but other major central banks as well."

Financial Post

So the outlook states you want a corporate balance sheet with little to no debt and a robust yield. With the onset of the bear market and the crushing of the share price, is GBN.V management listening?


Aug 09, 2011 02:46PM

Aug 10, 2011 03:09PM

Aug 11, 2011 11:44AM

Aug 11, 2011 07:46PM
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