Gold

Santa Claus Rally (reprise)

this post originally appeared on December 6th 2009 This post will be 99% anecdotal, 1% empirical, because I haven’t the time or energy to go dig up supporting data for what we all know:  Most years, the market rips higher during the week between Christmas and New Year’s Eve and this one week run is…

A Few Chunks of Goldbug Kryptonite

Hold your hate mail Goldbugs…I don’t make predictions here on anything, nor do I particularly care which way the price goes today or tomorrow.  The recent sell-off in the yellow metal has brought out a ton of bearish sentiment this week, some of which I’ll post here… First up, Doug Kass has a gold call…

Greg Zuckerman on Paulson and the Gold Bubble Question

This morning I had the pleasure of attending a hedge fund industry event where the featured speaker was Gregory Zuckerman, the author of The Greatest Trade Ever. I was one of the few in the audience who had not yet read the book but a lot of what was discussed has already made it’s way into…

A Roundup of Crude Oil Predictions and Targets

Remember when the producers of Diff’rent Strokes decided that Arnold wasn’t cute enough anymore so they brought on the quintessential red-headed stepchild, Sam, to ratchet up the adorable factor?  Gary Coleman probably felt a lot like Crude Oil feels now that Gold has replaced it as the commodity speculators’ darling. Anyway, let’s take a look…

Journalists with Questionable Endorsement Deals

Fox News “journalist” Glenn Beck has recently come under fire for his endorsement of Goldline, a seller of gold bars and coins. Not only does he do live commercials for Goldline, he has also been telling his viewers to buy gold to protect themselves from the government’s policies. Beck is not the only on-air news…