I have been following Nize's commentary for awhile. Though you have to read Vietnamese, it's clear that he nailed the current bull market in gold here: http://www.vnn.vn/kinhte/toancanh/2003/4/8835/
It basically says that gold, at the time around $325, was going much higher. He seems to generally take unquestioned facts like the KB report--no non-sourced material--and comment from there.
07/05/2006 4:51:37 PM PDT
· 14 of 21 toaster
to razorback-bert
Buffett may do some things to help out the Plunge Protection Team, such as, say "GM's prez is great, I think I will buy a GM car." But obviously, the man knows how to read a balance sheet which means he isn't going anywhere near GM's stock.
07/05/2006 4:05:14 PM PDT
· 4 of 21 toaster
to Jack Black
I think Nize also thinks it is just speculation. Afterall, he writes, "Is the PPT behind the recent up move in GM? We have no idea. But we feel the speculation is something worth noting."
But his comment about Warren Buffett is interesting.
I have been following Nize for awhile now and I have to agree with you that he seems to be generally interesting as a writer.