Avoiding the Cheerleaders for Gold

Executive Lounge, Wall Street Elite

There’s nothing that gets us more riled in this business than the incessant drone of market cheerleaders stuck on their favorite stock or asset class, even after it becomes clear that the investment has turned into a roaring loser and is heading to THE BOTTOM OF THE OCEAN! Yes, we get emotional, and with good […]

May 25, 2015

Gold Wins, and Gold Loses

Executive Lounge, Wall Street Elite

The most dramatic moves in the market last week belonged to the precious metals and their associates, which jumped like a shocked rodeo steer as the dollar lost ground. The question now facing gold (and dollar) addicts is whether those moves were for real. Has the dollar’s relentless drive skyward now stalled? And will that […]

May 18, 2015

Investment Philosophy Explained (UUP, GLD)

Bourbon & Bayonets

Dollar (UUP) Headaches? Gold (GLD) Fever?   There are two approaches to dealing with the flu. Some folks load up on the Tylenol and attempt to weather the worst of the symptoms by dulling their effect on the body. Nausea? Stuffed up ears, nose and throat? Can’t feel ‘em. Let’s get to work. The other […]

March 19, 2015

Clean Shaven Legs Review

Bourbon & Bayonets

Well, we did it. We arrived at the end of the year with our limbs intact, our pocketbooks bursting with newly won cash, and our minds… well… sort of. Anyway, we thank the Great One (not Gretzky) for his help, despite the fact that our mid-year predictions for most markets were weaker than usual. And […]

January 8, 2015

The Ghost of GLD Ghosts Past

Bourbon & Bayonets

A happy New Year to all. Let’s get straight to business. We’ll start with the golden delicious – what appears to be a bounce in the precious metals that has many people wondering if we’ve seen the bear’s bottom. On the bullish side, the chart shows the SPDR Gold Trust (NYSE:GLD), a decent proxy for […]

January 7, 2014