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Why I Got Gold Wrong

I was a child during the great depression, but my understanding was that Roosevelt seized privately held gold and raised the price of gold from $20 an ounce to $35. This effectively devalued to dollar. Gold mining stocks took off and The government "Primed the Pump" by printing money. Every economic book I have read seems to say that gold rises in price in inflation and deflation. I tends to be in the doldrums during periods of price stability.
Sep 23 14:27 pm |Rating: 0 0 |Link to Comment |View article
Gold Price Conspiracy?

I tip my hat to our northern neighbor FoxV. He is a prudent and realistic person. May his tribe increase!
Aug 21 17:14 pm |Rating: 0 0 |Link to Comment |View article
Gold Price Conspiracy?

After reading James Conrad's post on gold a few days go, I would be afraid to buy a "certificate"... indicating I owned any precious metal. That story about Morgan Stanley allegedly creating a "silver depository" and charging "storage fees" on silver that, allegedly, never existed makes me unwilling to trust ANY Wall Street name. I have junk silver in a safe deposit box and I am planning to sequester more.
Aug 21 17:10 pm |Rating: 0 0 |Link to Comment |View article
Crude Oil, Gold Prices Plummet: Time to Get Cautious About Dollar Bears

I don't know if "the end is nigh", but I support gigem77's views. In 12 months, we shall know who is correct, wont we?
Aug 10 15:17 pm |Rating: 0 0 |Link to Comment |View article
Gold Is At a Critical Juncture

I still agree with the "grassy knoll" conspiratorial crowd: there is some measure of market manipulation because Central Banks are trying to control inflation and thus keeping the peasants from departing the currency. Remember this post in about one to two years. If gold is still flat, then I will have been badly wrong.
Aug 10 15:00 pm |Rating: 0 0 |Link to Comment |View article

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Jim Cramer's Picks -
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Better Choices - Cramer's Lightning Round (10/15/08)

by SA Editor Rachael Granby

Stocks discussed in the lightning round session of Jim Cramers Mad Money TV program,
Wednesday, October 15.

Bullish Calls:

Continental Resources (CLR) -- "This is a remarkable decline. All of the high quality ones are down so much, I can't go against it. This is where you pull the trigger.
3M (MMM) -- The moment this stock starts yielding 5%, I'm a buyer. Until then, keep your powder dry.

Bearish Calls:

Computer Sciences (CSC) -- This is a company that was going to be bought, but they passed up the chance. Now I don't want to buy it."
Annaly Mortgage (NLY) -- I think this is a business model that needs to borrow money. Definitively do not buy."
Northrop Grumman (NOC) -- You can't own the defense stocks right now. If I had to own one, I'd look at Lockheed Martin (LMT) with its good dividend.
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