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Kass: Giant Positions = Giant Losses

 

This blog post originally appeared on RealMoney Silver on Feb. 6 at 7:39 a.m. EST.

"The bend in the road is not the end of the road unless you refuse to take the turn."

-- Anonymous

After watching the media's coverage of yesterday's large drop in the U.S. stock market, I almost expected the talking heads (especially of a Ben Stein-kind) to blame the market's schmeissing on the New York Giants' Super Bowl win.

After all:

  • The Giants' first Super Bowl win in 1987 was followed by the October 1987 stock market crash.
  • ...

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