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Prieur’s readings (November 10, 2009)

Prieur du Plessis (November 10th, 2009) Writes:

This post provides links to a number of interesting articles I have read over the past few days that you may also enjoy.

• Nelson Schwartz (HeraldTribune.com): Inside the global gold frenzy, November 8, 2009. Long considered the ultimate refuge for nervous investors, gold has climbed as the dollar has steadily weakened, budget deficits have expanded in the United States and Europe, and central banks have continued to pump trillions of dollars into weak economies, creating fears of another asset bubble that will ultimately pop. “It’s not that gold has changed, but gold buyers have changed,” said Suki Cooper, a precious-metals strategist for Barclays Capital. “It’s a structural shift we’re seeing on the investing side, from Asian central banks right down to individual investors buying ingots and coins.”

• William Rees-Mogg (Times Online): Which will come out on top: paper or gold? November

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Prieur’s readings (November 4, 2009)

Prieur du Plessis (November 4th, 2009) Writes:

This post provides links to a number of interesting articles I have read over the past few days that you may also enjoy.

• Michael Kahn (Barron’s): Setting free the bears, November 2, 2009. The stock market’s astounding run from its March lows has finally run into a real ceiling. After outpacing most, if not all, post bear-market rallies over the past century the inevitable is finally here. But is it part of another correction or something more? The urgency of the sell-off suggests the latter. That said, I don’t see the danger of the market testing its March lows any time soon.

• Charles Githler (MoneyShow.com): Former bears’ take on the market’s future, October 18, 2009. Are we headed for a major correction, or even worse: a resumption of the bear market?What “the best” (former bears) are telling us now …

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