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Markets

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Fool's Gold (revisited)

Aug 18, 2002 at 00:00

The essay reminds me of the reason we wrote an article earlier this year called "Loathing Opportunity" where we observed the many investors loathing gold, as an opportunity. And so…

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Bull's Rebuttal

Jul 30, 2002 at 00:00

So what if the Dow goes up by 15% over the next three to four months. That's no consolation to anyone that watched it drop 30% in the past four…

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Cornered Animals

Jul 24, 2002 at 00:00

It isn't necessary to frown on the use of the word manipulation because it is inextricably inferred in any discussion of public policy objectives alone, many of which are so…

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In The Belly of A Horse

Jul 09, 2002 at 00:00

If there were no Fed, our bank deposits couldn't be insured by the government. But maybe they wouldn't need to if the market quickly disciplined reckless banks. There certainly would…

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Cheap Gold

Jul 01, 2002 at 00:00

It was enough to signal a primary bull market for wheat, as well as an intermediate bull market for the CRB, but not enough for the Goldman Sachs commodity index…

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Stopped Clocks?

Jun 18, 2002 at 00:00

Joe Kernen, one of CNBC's more rebellious henchmen, admitted today he didn't know there was a "deep throat" (alias for the informer that helped the press blow Watergate open and…

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Wall Street Dive Stokes Gold Bulls

Jun 11, 2002 at 00:00

Of course it's important to know their record, particularly if they claim to be some sort of authority on the subject of bubbles, a theory we can apply to only…

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Twin Bubbles

Jun 04, 2002 at 00:00

Were we ever let down. To think that such a solid tip from as reputable a source as Barclays Capital could turn out to be a lemon, well, we were…

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The 911 Scapegoat

May 28, 2002 at 00:00

Gold prices have certainly far from reached a reasonable revaluation relative to their fundamentals in our view, so whatever corrections there will be, we expect they'll come when we least…

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Gold Bulls Unite!

May 21, 2002 at 00:00

I could not be more ecstatic about the nature of the rising gold tide. The corrections in the price of gold continue to shorten in duration as well as extent,…