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Posts Tagged ‘gold bugs’

Shorting Gold: 8 More Signs Gold is Overdue for a Correction

February 26th, 2009

Shorting Gold: 8 More Signs Gold is Overdue for a Correction

by Louis Basenese, Advisory Panelist
Senior Analyst, The Oxford Club

Two weeks ago I told you it was time to start shorting gold. And the recommendation, as I expected, ignited a brew-ha-ha on our Investment U message board.

That’s because there’s not much middle ground. Most investors are either fanatical or supremely skeptical. If you have any doubt, check out the comments - and all the wonderful names I got called - on our website.

But since I’m a glutton for punishment, and since gold moved in exactly the opposite direction I predicted, it’s time for an update and a little clarification. Read more…

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Shorting Gold: 12 Reasons Making The Case For This Contrarian Investment

February 11th, 2009

Shorting Gold: 12 Reasons Making The Case For This Contrarian Investment

by Louis Basenese, Advisory Panelist
Senior Analyst, The Oxford Club

If you’re a self-professed “Goldbug,” feel free to read no further.  Or at least spare me your hate mail. Because no matter what I say today, I know you’ll cry foul… or something much more colorful.

But for those of you with an open mind - especially after my last three contrarian predictions proved dead accurate, read on.

Because it’s time to start shorting gold! Read more…

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