"Four-decade veteran John Hathaway
told King World News, “Let’s face it, the euro is a lot bigger deal than
Lehman Brothers and the subprime credit mess.” The prolific manager of the Tocqueville Gold Fund also warned,
“Confidence has been severely damaged” and “...investors need to be
prepared for the chaos to accelerate.” Here is what
Hathaway had to say about the ongoing crisis: “To
me the big picture hasn’t changed. We have ongoing paralysis in Europe. I was
there for the past ten days, and most people I spoke with just threw up their
hands. I think to expect that there is going to be any resolution of this
situation any time soon is a far-fetched dream. I just don’t see it
happening.”
at http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/6/28_Hathaway_-_Confidence_Severely_Damaged,_Chaos_to_Accelerate.html
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