January 12, 2009

Barron's Bashing, Part 267

I was going to do yet another post bashing Barron's and their kind of silly Roundtable. Then I came across Tim Kight's epic post about that very subject and he just nailed it! He even mentions Abby Joseph Cohen's new hairdo! A must read rant.

The only Roundtable participant whose picks actually made money last year, Fred Hickey makes a good point on gold. He said we haven't had a blow-off phase in gold as opposed to the other commodities. It's been an orderly bull for the last 8 years, so he thinks that there's more to go. He sees gold reaching $2,000 an ounce at some point.

No comments: