Saturday, November 24, 2012
A few good articles
Some weekend articles for you:
BI - the black market for gold. Gee, this looks good for gold demand, doesn't it?
ETF Trends - muni ETFs. Ouch. I don't know anything about the US, but are Munis some sort of tax-preferred investment? One whose taxation isn't going to be changed with the expiration of the Bush Stupid Tax Cuts? If so, the chart in this article belies a crazy bubble.
Sober Look - no matter how much junior miners have sucked, the hedge funds have outsucked them. Wow. Just... wow. I guess that illustrates that you don't find any particularly significant level of intelligence among the hedgies, eh?
BI - an interview with Bill McBride from Calculated Risk. I think I've always had a problem with Calculated Risk's RSS, and that's why I've never followed it. But I think I should try again, since I'm looking for more empirical agnostics to follow.