Relevant links: Deflation, Inflation or Stagflation – You Be the Judge! Tuesday, January 12th, 2010
Is It Time To Short GOLD???!!!
Tweet me! I remember ten years ago I jumped in a cab headed downtown (NYC) and the cab driver (a newly minted immigrant from central Asia) and I struck up a spritely conversation after his asking what I did for a living. He then gave me some highly coveted, yet quite unsolicited advice. He told me to "... buy Yahoo stock. It was going to go much higher!"
Well, believe it or not he actually enriched me with that conversation (or more aptly put, allowed me to keep a few pennies). For the price of a 10 minute NYC cab ride and a tip for the conversation and advice, I was able to go home, sell all of my Yahoo positions, and watch Yahoo stock, the tech sector, the Nasdaq and the entire US publicly traded equity market crash like a student drive behind the wheel of a Dodge Hennessy Viper topped off with a few cannisters of NO2 after binging on Jägermeister at a college frat party!
The flier below (and several like it) has been making its rounds through the blue/pink collar email circuit. That's right, now we're having "gold parties"! The gold bugs version of a Tupperware party. I query, pray thee tell... "Is it time to SHORT GOLD?"
Image Gallery
ReggieMiddleton: UK Retail Sales Slide at Fastest Pace in 2 Years in April - Well of course. Don't these guys read the BoomBust??? http://t.co/EBqwBmeA
ReggieMiddleton: BOE Prints Money if Econ Worsens: No UK Double Dip If It Never Truly Left The First Recession - #MaxKesier VIDEO http://t.co/PCCZhprN
ReggieMiddleton: BOE to Print Money if Economy Worsens: UK Can't Be In A Double Dip Recession If It Never Truly Left The First Recession http://t.co/hvTY90qoTopics
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Latest comments
- Why Shouldn't Practitioners Of...
Reggie, great article. I think you mean overvalued in this sentence: "...
22.05.12 15:59
By JoshS - Shorting Federal Facebook Note...
You rock Reggie....keep telling them whats up. Also another great site...
22.05.12 02:43
By marketcycles79 - Shorting Federal Facebook Note...
The average person does not know how money works.
21.05.12 15:51
By Robert McCorkle - 3+3=2 As Big US Banks Amass Tr...
love u Reggie. i do believe you called the imminent jpm years ago. sta...
18.05.12 18:59
By sacco - As I Promised Last Year, Faceb...
Here is my own take on why Facebook is a worthless pile of steaming du...
17.05.12 13:55
By Manuel Pfister


