Tuesday, April 24, 2012

As Mr. Buffett Says...

When there's blood in the streets, pull yourself up by your boot straps and buy.  So it goes with gold mining stocks these days.  I read nothing but whining and disbelief from gold bulls on one side, and smug satisfaction from gold bears on the other, when it comes to the performance of this sector.  It's beginning to smell of capitulation.  And I'm prepared to take the contrarian tact.  The vehicle: Jan '13 and Jan '14 $15 calls for AUY.  I've been wrong before, and it could happen again, but I'm going to ride this one for a while and see what happens.
at
Labels: , ,

Broken Money

The subtitle is Why Our Financial System is Failing Us and How We Can Make it Better , and the author is Lyn Alden (2023). I feel like I hav...

  • The 1 Hour China Book
    The subtitle is Two Peking University Professors Explain All of China Business in Six Short Stories and the authors are Jonathan Woetzel an...
  • Broken Money
    The subtitle is Why Our Financial System is Failing Us and How We Can Make it Better , and the author is Lyn Alden (2023). I feel like I hav...
  • Interesting Links
    -I read John Mauldin regularly and his group holds an annual conference where a bunch of well-known investors give speeches. This year’s re...