Profit From the Plight of the Honeybee
Gold is supposed to be a hedge against total disaster. StreetTracks Gold's price is pegged, roughly, at one-tenth of the spot gold price, which is sure to increase astronomically in the case of the End Times.
Vicis Capital, John Succo's multistrategy hedge fund, likes streetTracks Gold. In fact, Vicis looks like it's making a general bet on rising oil, a retiring baby boomer class and the general decline of western civilization. You can track my recommendations -- and other stocks that might profit from the decline of the bess -- at the Disappearing Honeybees portfolio on Stockpickr.com. Also, if you haven't checked it out yet, please try out our newest feature, Stockpickr Answers. You can ask questions and answer them, and you can see who are the Top Analysts as well as catch Jim Cramer's latest answers.- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,226.94 | 1,093.07 | 2,154.06 | 34.86 |
Oil *
77.65
|
|
UP
203.52
|
UP
23.77
|
UP
41.62
|
DOWN
0.17
|
10 Yr
3.49%
SPDR Gold
108.19
|
|
+2.03%
|
+2.22%
|
+1.97%
|
-0.49%
|
Data delayed 20 minutes |














