well names like fcx, wlt, cnx, clf, mee among others of which he mentioned here back in november are up some 200%, whats your point?
i was talking about it in general terms(weighted). the nams he recommended are up way over 40%.
in addittion, im just trying to point out that he correctly called the commodity bottom back in november and expected to see infaltion(or a weak dollar) to propel commodities higher this year. that is all.
as for gold, id agree, gold imo is in a bubble but it is still in its early stages.
Originally Posted by jafox
The DOW is up 40 percent. How is that remarkable? Most of the stocks I bought in March are up over 100 percent (C, WFC, BAC, ASH, etc, etc). The only commodity I am concerned about having a bubble is Gold at the moment. However, Gold gets pumped day in and out on TV from the companies benefiting from the increased price.
G. Gordon Liddy here, pitching something selling at a peak!