Gold

Missed the Gold Rally? Now What?

Gold hit a 7 month high today, breaking $960 an ounce. The fear trade is very much alive as companies worldwide cocur that we have a FUBAR economy and probably will for awhile. On top of that, Count Porkula signed the stimulus bill into law this afternoon which basically authorizes the mass dilution and devaluation of the dollar. This in the hopes that a bullet train from Vegas to Disneyland and the building of a Frisbee golf park (not joking) will be stimulative enough to offset the economic Armageddon in our midst.

Hot Links: When Giants Clash

Hot Links for Weekend Reading Shedlock vs Schiff The big hullabaloo in Wall Street Blogland this week was the unsolicited Peter Schiff beatdown issued by Michael “Mish” Shedlock (Sitka Advisors) on his Global Economic Trend Analysis site.  Mish was sick of all the “Peter Schiff Was Right” promotional videos floating around and decided to call…

Top 10 ETFs They Haven't Created Yet

With over 400 Exchange Traded Funds (ETF’s) on the market right now and new ones being issued each week, it would seem that we could be reaching the point of ETF overload. That said, it would be tough to say that we have too many ETF’s until we get to the point that we start seeing products like the ones listed below…

Interview with Johnny Upside: Fund of Fund of Funds

Today we bring you an interview with Johnny Upside, a Wall Street hotshot armed with an MBA, very little brain power and a limitless ego and sense of entitlement.  Johnny possesses only one real talent – the ability to show up wherever the big money is being made.  Unfortunately, his very presence usually means that…