Given all the nattering naybobs of negativity who seem to be in such a hurry to pronounce this move in gold as being topped out, and finished; I thought it would be a good time to update a few charts.
First, let’s take a look at Gold.
Gold has just made an uninterrupted run from $681 in [...]
Entries from November 2009
Gold & HUI Gold Stock Index Trading Charts
February 25th, 2009 · No Comments · Gold & Silver Charts
Tags: Gold·Gold chart·Gold stock charts·Gold Stocks·HUI Gold Bugs Index·HUI Gold Ratio·HUI Index
Bernanke’s “BS” Smoking Parable Response To Rick Santelli…
February 24th, 2009 · 1 Comment · The Fed & US Treasury Policy
They just can’t leave CNBC’s Rick Santelli alone, can they?
At today’s Senate Banking Committee hearing, Ben Bernanke answered Senator Evan Bayh’s (D. In.) reference to Rick Santelli’s criticism of this bailout package rewarding bad behavior, with the following parable about “Fire, and saving the neighborhood”…
“If you lived in a closely grouped neighborhood of wood houses… [...]
Tags: Add new tag·Ben Bernanke·Bernanke's response to Santelli·CNBC's Rick Santelli·Santelli rant·Sen. Bob Corker·Sen. Evan Bayh·Senate Banking Committee hearings
White House Press Secretary Robert Gibbs Must Resign For Santelli Attack
February 22nd, 2009 · 2 Comments · Politics, Money and Markets
White House Press Secretary Robert Gibbs crossed the line on his personal attack of CNBC’s Rick Santelli.
Larry Kudlow, formerly of the Reagan White House, called this “one of the worst attacks I’ve ever seen on a member of the Press.”
Since when is the bully pulpit of the Office of the President of the United States, [...]
Tags: Bad Banks·Bankster Gangsters·CNBC Rick Santelli·Gibbs attacks Santelli·Gibbs must resign·Housing Bailout·Larry Kudlow·Obama Stimulus Bill·Press Secretary·Rick Santelli Rant·Robert Gibbs·White House Press Secretary Robert Gibbs
Does Being Long Gold, Mean You’re Short America?
February 20th, 2009 · 3 Comments · Gold and Silver Stocks
If you’re invested in gold, or gold stocks, no doubt you’ve heard the latest media spin that if you’re “long gold” — then you’re “short America.”
Gold isn’t a “short trade” against America.
Quite the opposite…
There isn’t anything more American, or more patriotic than being long Gold. Because buying and holding gold in this environment, is [...]
Tags: economic call to arms·Fiat Money·Gold·short America
Rick Santelli’s “Tea Party Rant” On Obama’s Housing Bailout…
February 19th, 2009 · 5 Comments · Politics, Money and Markets
This morning on CNBC, Rick Santelli and the traders on the floor of the Chicago Board of Trade echoed the sentiment of millions of Americans everywhere concerning Obama’s new housing bailout package…
You and I (THE TAXPAYER) who followed the rules and paid both our taxes and our mortgages, will now get to subsidize and bailout [...]
Tags: Chicago Tea Party·CNBC's Rick Santelli·Housing Bailout·Housing Stimulus Package·Obama Housing Package·Rick Santelli Rant·Tea Party