A non-arbed-out trading idea

It is an empirical (but not fully backtested) observation that every time our  fearless leader speaks the market tanks. Some have doubted this on the grounds that correlation does not mean causality, but the first (and quite considerable) example of this phenomenon happened on the occasion of his inauguration, where, as the great man spoke the S&P 500 plunged by around 5% (from 840 to 805), this setting the tone for the rest of his term (I almost said "hopefully his only term", but the alternatives look pretty bleak also).

Marc Faber: Gold is Dirt cheap.

Faber is not a stupid guy.

Your friend igor@rivinfinancial.com has shared a link with you. Marc Faber: Gold is "Dirt Cheap" — Price Could Reach $10,000 per Ounce | Daily Ticker - Yahoo! Finance http://finance.yahoo.com/blogs/daily-ticker/marc-faber-gold-dirt-cheap-price-could-reach-130058708.html Eleven years into a gold bull market, Marc Faber publisher of the Gloom Boom and Doom report still doesn't think gold is in a bubble. Joining us via Skype from in Chiang Mai, Thailand Thursday, Faber told the Daily Ticker's Aaron Task there are fundamental reasons why gold, already nearly 30% higher for they year, [...] Read the full story