Don't buy gold avoid gold it will drop to even $300 it's you and other like you scare public to buy gold gold is looser wait for 7 more month gold will be 700.00

Truer words were never said.

As a former business journalist of many years standing — who covered such manufacturing icons as Caterpillar, Harley-Davidson, Xerox Corp., Eastman Kodak, Westinghouse, and others (as well as countless second-tier manufactuers) — I completely concur with your comments that bean-counters, number-crunchers and MBA suits are usually ill-equipped to run a manufacturer….they too often lack the "feel" for the products, what those products are supposed to do, how customers will use those products, and what those customers want in terms of quality, look, feel, dependability, and utility.

Unfortunately, the suits too often are also completely clueless as to what it takes to manufacture the key products…..they've spent too much time staring at reports and rows of black-and-white numbers, and not enough time talking to the workers who actually build the products.

I've seen companies that understand these challenges, and that tackled them…..those companies "do it right." And, in my role as a journalist/observer, I've also seen companies where upper management clearly doesn't get it. In this list of companies, there were players that fit into both camps. Some are gone, some are in different businesses, and some remain the leaders that they always seem to be.

Thanks for taking the time to post these interesting and insightful comments. To any other readers out there, let me say that these observations are well worth reading…..

I hope we hear from you again, sir.

Respectfully yours;

William (Bill) Patalon III
Executive Editor
Money Morning