by David Kranzler
Investment Research Dynamics
We’re very bullish on gold, which is the anti–paper money, of course, and is underowned by investors around the world. – Paul Singer, Elliot Management Corp
I keep Fox Business channel on because it has the best tv “ticker scroll” for monitoring basic market activities. Also, some of the women on the show are easy on the eyes. Liz Claman is not one of those.
I came in from getting lunch and saw this tag-line on Claman’s afternoon show: “Gold Losing Glitter.” I turned up the volume to hear her explaining to the idiots who might actually listen to the garbage broadcast on the show that gold was getting hit today because investors no longer felt a need to use gold as a hedge against the BREXIT vote now that the polls show that BREXIT is currently out of favor with the chippies in England.