Profit From the Plight of the Honeybee

Stock quotes in this article: ADM , MON , GLD , IFF  

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.

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At the time of publication, Altucher and/or his fund had no positions in stocks mentioned, although positions may change at any time.

James Altucher is president of Stockpickr LLC, a wholly owned subsidiary of TheStreet.com and part of its network of Web properties, and a managing partner at Formula Capital, an alternative asset management firm that runs several quantitative-based hedge funds as well as a fund of hedge funds. He is also the author of Trade Like a Hedge Fund and Trade Like Warren Buffett. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback; click here to send him an email.

TheStreet.com has a revenue-sharing relationship with Trader's Library under which it receives a portion of the revenue from purchases by customers directed there from TheStreet.com.





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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

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