By Steve Sjuggerud in DailyWealth:
I remember when I first got "The Lesson" from Burt Blumert...
The lesson is simple. It takes two minutes to receive. And it's easy to understand, but incredibly powerful.
Burt taught me the lesson in his office, just outside of San Francisco...
He started by pulling a handful of dollar bills out of a velvet bag. At first they all looked the same. Then Burt asked me to read out loud the guarantee on each bill. I started with a $20 bill from the 1920s.
The bill said, "This certifies that there have been deposited in the Treasury Twenty Dollars in gold coin payable to the bearer on demand."
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World's top money manager goes waaaay long South African gold