The Golden Parade
With gold about to hit yet another all-time high, scratching the $1,200 mark, I thought it would be a good time to pull out some mug shots of everyone I noticed who liked gold this year. While opinions varied on whether or not stocks would rise in a new bull market, continue falling in [...]

Another Princeton Economic Genius Gets it Wrong
I’ll get right to the point. I wanted to use the word hack in place of genius in the title of this post but instead chose the sarcastic route. All sarcasm aside, I’ll point out why I’m so bothered by an article I read yesterday at the Washington Post, titled, “Threatening the Fed’s Independence.” The [...]

Timothy Geithner, Blaming Everything or Everyone Else
Ron Paul gets a little windy with his question, but if you can stand the 3 minute lead-in, you’ll see Geithner blame the rest of the world for keeping interest rates too low for too long, which supposedly led to our housing bubble and other asset bubbles. According to Geithner, and I’ve heard Bernanke [...]

Moving Targets are Funny That Way
Six months ago I snagged this snapshot from Bloomberg.com. Yikes. I hate it when that happens. No slam intended to David Tice. I like him and I respect his work. In fact, I recently featured his very bearish call at the market top from October 2007. Sometimes these guys are right [...]

Market Update, November 14, 2009
More Bad Breath (Breadth) Last week I said the market was bouncing on lower volume, a sign of bad breadth or lower participation in the ongoing Federal Reserve-induced rally from the March lows in the indices. Now I want to do what I told you the television pundits would do a month ago, which is to talk [...]