Spencer and Heidi Pratt — or “Speidi,” if you watch “The Hills” — invaded Associated Press headquarters in Manhattan today. A longtime staffer was shocked to learn that Spencer — a reality-TV villain of epic proportions — knows a lot about the gold trade. Then again, we knew that.
From a tipster inside the AP:
I was making my morning Starbucks run when I bumped into Heidi and Spencer crammed inside the elevator along with a 10-person entourage. As I squeezed in, Spencer started making very polite small talk that turned into a 20-second exchange during which he showed an impressive level of knowledge of both safe-haven assets and monetary policy. Here’s the exchange:
So what is gold doing today?
Uh, I think it’s up. (I hadn’t checked, but figured it was)
Yeah, it was up about eight bucks last I checked.
Oh, you’re into gold?
Definitely. In this environment, you have to be. The stock market is a hustle right now.
(Shocked). Yeah, but gold is risky. Very volatile and hard to predict.
Yeah, but what about the weak dollar? Do you realistically see it strengthening anytime soon?
(Totally caught off guard) Um, well, yeah, it will strengthen eventually. I just don’t know when.
Spencer nodded, knowingly. As the elevator doors opened, he gave me a fist bump, thanked security and left the building with Heidi and crew in tow. To say I was impressed would be an understatement.
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