Media: What Isn't Priced In Yet?

Video.

QOTD: Some Kind of Mania in Gold Mining Stocks Before this Ends

“I think they have lagged long enough and we are reaching the point where if the price of gold stays at $1,800 an ounce or even goes higher, then the mines will begin to coin money and dividends will be increased.”

Cheer Up with the Elephant Orphanage!

Pictures.

The Falkenstein Proof

“You can like the debt and hate the equity, but you can’t like the equity and hate the debt.”

Inconceivable!

“You keep using that word. I do not think it means what you think it means.”

Louise Story on "The Big Vol"

“Thirty percent of trading days since the start of 2010 were up or down more than 1 percent at the time of the closing bell. That’s far more than the 20 percent of such jumps in the 1990s. The trend toward greater volatility is more pronounced in larger price moves.”