July 07, 2012 at 09:00 AM EDT
How Much Gold, Silver, or Copper Can You Buy with the New York Yankees Payroll?
It’s no secret that the Yankees have the highest payroll in baseball, not to mention one of the highest payrolls in professional sports. In fact, it is one of the reasons that people either love or hate these New York sluggers. People have long criticized the team for “buying” championships and so on and so forth. But what could that money buy you if you were to apply it elsewhere? Below, we outline what the New York Yankees payroll could buy you in today’s market for the most popular commodities [see also Doomsday Special: 7 Hard Asset Investments You Can Hold in Your Hand ]. See the full story here → Related Posts: Will a Euro Collapse Wreck Your Commodities Allocation? Beyond TIP: Five Inflation-Protected ETFs Worth a Look Warning: Ignore Bill Gross’ Hard Money Prediction At Your Own Risk Forget Gold, Why Your Portfolio Needs Silver Gold And Silver In A Correlation Bubble?
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