Is Doug Kass another Gold Basher?

[vinoveri]

Kash predicts gold down 25% in 2011.
Sincere "gut feel" prediction or just some more anti-gold propaganda?

http://seekingalpha.com/article/2428...all-25-in-2011

Doug Kass of Seabreeze Partners says gold is going to be highly volatile in 2011. He says prices will routinely move $75-$100 on a daily basis and that prices will “plummet” 25% at some point in 2011 compared to today’s closing price.

[Spartacus]

Re: Is Doug Kass another Gold Basher?

I saw that before & just had to wonder if he runs the rest of his busines the same way.

No reasoning, no thought, no analysis ...

"It's a religious issue, can't be analyzed."

I would think it would be easier to analyze than say an NYSE company because there's no CEO, CFO or accounting to get in the way.

But no, the best he can do is bare assertion based on next to nothing ... "It's a religious issue, can't be analyzed."

[mliu_01]

Re: Is Doug Kass another Gold Basher?

Kass is an insider. I doubt his bottom call is an accident. I am sure someone tipped him.

Now he is calling gold top. LOL Gold drop 250 in a few weeks. Sure. only if Fed got the midas finger.

Fed can turn toilet paper into money. But they can never turn shit into gold.