I am not quite sure what to make of this NYT magazine cover. On the one hand, it is gold on the cover of a mainstream magazine.
The focus here is not on the investment aspect, but rather is a profile on a gold surveyor, and on Gold “as the world’s most primitive form of wealth.” Hardly the gushing endorsements we typically like to see as contrary indicators.
Full article here:
Gold Mania in the Yukon
NYT, May 11, 2011
> Here is my complete Washington Post column from last weekend: When should you fire your mutual fund manager? Not too long ago, a well-known mutual fund manager got into a tiff with a well-known hedge fund manager over a well-known company’s stock. The hedge fund manager thought the company had deeper problems than it…Read More
David Merkel has a very interesting post up on where about how maximizing enhancing yield on fixed income investments. Within that post is a very interesting discussion on who the equity/credit cycle works: 1. After a washout, valuations are low and momentum is lousy. People/Institutions are scared to death of equities and any instruments with…Read More
Kicking the Can to the End of the Road By John Mauldin May 14, 2011 > The Biggest Bubble of Them All Ireland is a Different Story Kicking the Can to the End of the Road Philly, Boston, Trequanda, Kiev, Geneva and London > The Biggest Bubble of Them All This week we turn from…Read More
Category: Think Tank
Lots of interesting reading for the weekend: • Goldman’s O’Neill Sees Investors Missing Stock Rally on ‘Black Swan’ Fears (Bloomberg) • Facebook’s Stealth Attack on Google Exposes Its Own Privacy Problem (Wired) • Gloom and Doom, and How to Profit From It (Deal Book) • The Auto Industry Bailout – Still Debated But Worth Every…Read More
Posted in the Think Tank you will find a fascinating lawsuit filed by the FDIC. The Federal Deposit Insurance Corp. has accused Lender Processing Services Inc. of Jacksonville, Fla., and CoreLogic Inc. of Santa Ana, Calif., of causing $283.5 million of damages to the former Washington Mutual Inc. for failing to provide oversight of appraisal….Read More
Jill Bolte Taylor got a research opportunity few brain scientists would wish for: She had a massive stroke, and watched as her brain functions — motion, speech, self-awareness — shut down one by one. An astonishing story. Brain researcher Jill Bolte Taylor studied her own stroke as it happened — and has become a powerful…Read More
I have long been in the Swedish camp when it comes to food (meatballs with lingonberries) women (tall blondes) and financial crises (prepackaged bankruptcy, no bailouts for banks). While the Japanese have lots to offer (Sushi, Anime, and reliable cars), their approach to financial panics was to nationalize all of the debt, prop up insolvent…Read More
FusionIQ CEO and Director of Equity Research Barry Ritholtz says brace yourself for years of anemic growth as the economy recovers from a debt binge. He also slams so-called” deficit peacocks” who strut their stuff on trimming the budget but don’t really tackle the problem.
5/13/2011 3:59:49 PM