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Monday November 23, 2009 3:43 PM ET
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In the Face of Inflation, Gold's Luster Still Shines
The Federal Reserve's balance sheet bodes well for gold prices.
 
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Posted 4:26 PM EST April 24, 2009
Posted by: otis chandler
Dumbo Donny has tired of whining about Obama and gone back to gold touting. Sell your dubloons, and fast! This guy is such a train wreck of a financial pundit that he's actually entertaining. Maybe next week he will suggest credit default swaps as the way to riches. He's like something out of Saturday Night Live.
Posted 12:56 PM EST April 24, 2009
Posted by: atowncubsfan1
Beware of "heads I win, tails you lose" arguments like this one. If X, gold goes up. If not X, gold goes up.

Assuming inflation is the ultimate destination presupposes that the Fed has the power to make it happen no matter what. So far, they have failed in their attempts to reflate, and advice like this isn't very helpful if they fail for the next 3-5 years. We could very well see economic stagnation for 5 or more years in this country and inflation could very well be a non factor for a very long time.
Posted 12:26 PM EST April 24, 2009
Posted by: spanky1107
Donny Boy, you've been DEAD WRONG on stocks for nearly two years. In the last six weeks, when you should've been pushing stocks, you got scared and began recommending gold--of course, gold has done NOTHING in that period. When you finally realize you're DEAD WRONG on gold, what will you push next?? As you know, I've repeatedly responded to your articles, because they're full of HORRIBLE financial advise. As I've written before, you are the perfect CONTRA-indicator; I hope your readers do the exact opposite of what you recommend.
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