Google, Gold and Oil…Related After All
- Posted by Howard
- on February 26th, 2008
So while the nerds and mainstream media argue whether Google has peaked, my gold and oil stocks are riiipppppping and the underlying commodities continue at all-time highs.
We have WINflation going on for those just long the basic materials, oil, agriculture and metals, but LoseFlation in last year’s winners like CROX, Google, Apple and just about any growth stock.
Google has no shipping, packaging, manufacturing BUT ALAS, their clients DO.
Doink! They are indeed related after all :) .
PS – Blodget gets the link because he was very right on this if not a touch early . So funny how Alley Insider and TechMeme have utterly destroyed TechCruch which I saw coming over a year ago. News is sooooo not about community, it’s about being right, fair, diverse and knowledeable. Adios TechCrunch.
Disclosure – Long SLW, PAAS, GOLD, GLD, OIH and Google.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Born in Toronto, lived in Phoenix for 20 years and now in Coronado, CA with a loyal wife (15 years, 14.2 Canadian years), two awesome kids and a dachshund. My current start-up is called Stocktwits and I am a co-founder and CEO. More »
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