4 ms·
Not the whole stock market. Berkshire Hathaway is holding up well. http://finance.google.com/finance?q=NYSE%3ABRK.A http://finance.google.com/finance?q=NYSE%3A
by jmatt 18y ago
Not the whole stock market. Berkshire Hathaway is holding up well.
http://finance.google.com/finance?q=NYSE%3ABRK.A http://finance.google.com/finance?q=NYSE%3ABRK.A
http://finance.google.com/finance?q=NYSE%3ABRK.B http://finance.google.com/finance?q=NYSE%3ABRK.B
- elai 18y agoAnd gold ;) http://finance.google.com/finance?q=NYSE%3AGLD http://finance.google.com/finance?q=NYSE%3AGLD
- known 18y agoAnd Stock Markets are Inversely Proportional to Gold.
- steveplace 18y agoSort of. The more interesting trade is long GLD short USO (oil). Bit of a decoupling in commodities.
- biohacker42 18y agoThe recession will reduce demand for oil, the Fed's attempt to get us out of the recession by inflating the currency is making money flee into gold. The lesson is, you can't push a string, you can not force the smart people who kept their cash out of stupid investments to spend it before the market bottoms. You can create inflation but that will just force them into gold and that helps no one.