Doug Kass Retorts: Who Is Goldfinger (Part Deux)

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Wed, 05/25/2011 - 11:03 | 1309016 Moric
Moric's picture

I guess FMX | Connect is more of a hipster thing, you probably never heard of it.

Wed, 05/25/2011 - 13:02 | 1309526 silberblick
silberblick's picture

We know about goldfinger. Actually, I want to know about the banksters and their dirty hierarchy of needs. Click below to see a graphic illustration of their dirty needs:

Wed, 05/25/2011 - 11:00 | 1309020 Concentrated po...
Concentrated power has always been the enemy of liberty.'s picture

fight, fight, fight!!!!

Wed, 05/25/2011 - 11:23 | 1309110 Whatta
Whatta's picture fight? Cat fight? Purple nurples till they cry "uncle"?

Wed, 05/25/2011 - 13:48 | 1309680 JW n FL
JW n FL's picture

I could not find the scene I wanted...


but I call you a liar and we shall fight to the death, thusly God will decide!


That is the way we should settle all disputes, seperate the Cowards from the men.. so that only men would end up speaking! men that would fight for what they believe in. instead of cower behind false names, slinging mud.. like lil girls!

Wed, 05/25/2011 - 11:01 | 1309021 Robot Traders Mom
Robot Traders Mom's picture

Here is the thing with alternative media: I really don't care who the messenger is. I just want the message to get out. These accusations, whether they are true or not (doubtful), just distract from the message.

Wed, 05/25/2011 - 11:05 | 1309024 JW n FL
JW n FL's picture

Doug the best thing you ever did in your online life was make it about FMX and not Tyler.. except I think the guys at FMX do a Great Job.. as a matter of fact.. I linked them into Zero Hedge... that said, you looked at the orders... and your prior work is of this quality, in other words you are capable of this kind of work product.. I was under the impression that you were not.


I will now go to your site and review you past work product.. and I will make a case for all here.. too tear apart, mind you Doug.. it's all in good fun for us, after all this is fight club 1st and foremost!

Wed, 05/25/2011 - 11:02 | 1309027 Internet Tough Guy
Internet Tough Guy's picture

Is Kass the shill who said gold to 600?

Wed, 05/25/2011 - 12:01 | 1309281 JW n FL
JW n FL's picture

I wish these idiots calling for Gold $550.. and Silver $6.. would get their wish(es) to come true! of course the Backwardation or just call it what it really is.. dis-connect! would be HUGE!


but if the paper price.. was the real price.. and it was $550 - $600 and silver $5.50 - $6.. WOWIE!!!!




I buy a monster Box a day and as much as you see things that say under $20K.. you would be hard pressed to go and buy a real Monster Box for under $20.. as well 1 kilo bars? for $48k.. fuck off! $48k where? they say it, but buying one for $48k is another story!

Wed, 05/25/2011 - 11:59 | 1309285 JW n FL
JW n FL's picture

and regular gold eagles.. find them for under $1,600.. ok now buy one for under $1,600.. lots of people can use google.. not a LOT of REAL people selling at these magic prices! that are quoted! trust me, I buy!

Wed, 05/25/2011 - 11:05 | 1309030 mynhair
mynhair's picture

Who cares anyway?  It's Soros behind it all.  The Squirrel told me so.

Wed, 05/25/2011 - 11:02 | 1309032 RobotTrader
RobotTrader's picture

Isn't FMX Connect one of those bucket shops that fleeces retail traders by encouraging the use of 400% margin???

Wed, 05/25/2011 - 11:06 | 1309038 Tyler Durden
Tyler Durden's picture

No, it is not.

Wed, 05/25/2011 - 12:02 | 1309284 Raynja
Raynja's picture

If kass read ZH instead of admiring it, he'd realize you post articles from FMX connect on a regular basis.

Wed, 05/25/2011 - 12:36 | 1309421 CIABS
CIABS's picture


Wed, 05/25/2011 - 12:06 | 1309298 strannick
strannick's picture

Thats good enough for me. Not cause I'm a groupie, but cause I've been here for one year and 23 weeks.

Wed, 05/25/2011 - 11:10 | 1309050 Internet Tough Guy
Internet Tough Guy's picture

Aren't you one of those pumpers who encourages retail traders to be fleeced by investing in junk stocks like TZOO and RL?

Wed, 05/25/2011 - 11:42 | 1309212 Robslob
Robslob's picture

Yes, he is.

Wed, 05/25/2011 - 12:44 | 1309450 Crisismode
Crisismode's picture


Wed, 05/25/2011 - 11:07 | 1309052 breezer1
breezer1's picture

i like your tits.

Wed, 05/25/2011 - 12:04 | 1309303 strannick
strannick's picture

My tits?

Wed, 05/25/2011 - 12:54 | 1309505 Isotope
Isotope's picture

Bob had bitch tits.

Wed, 05/25/2011 - 11:08 | 1309039 cowdiddly
cowdiddly's picture

Well both sides of the story have been presented. Doug Kass, Im afraid you presented no evidence other than to prove you are a windbag full of hot air. ps. Loved those BA to the moon calls back in 2008/9 LOL. But, its OK Cramer still loves you.

Wed, 05/25/2011 - 19:28 | 1310878 RockyRacoon
RockyRacoon's picture

Tyler is guilty of misdirection and sensationalism!

[Insert sarc notation here]

This was touted on the main page as a "Retort".

Ain't no retort.   An actual retort would have addressed specific points in the FMX Connect article.   Kass sounds like he has better things to do but had to write something so he can say he did.   Point proven:  Kass is lazy and incapable of original thought.

Wed, 05/25/2011 - 11:14 | 1309049 TruthInSunshine
TruthInSunshine's picture

What 'math' would allow anyone, including Kass & Co., to deduce that such a large call position is via a single entity?

Or is that where the catch all 'multiple contacts' that are 'in the trading community' come into play? contacts on the story were multiple. They are in the trading community...


Doug, it sounds like bullshit to me, but maybe it really is a rabbit that walks, looks and quacks like a duck.

Wed, 05/25/2011 - 12:29 | 1309392 Highrev
Highrev's picture

So the buyer may not be bullish at all. He may actually be EXITING the market while buying calls to misdirect and create his own exit strategy. It’s just bad practice to lead investors to think that because options are being bought, the buyer is bullish. There are so many ways an option can be used to mislead the broader market to simply say “this is bullish”.

Keeping that in mind, wouldn't you say that it's kind of a mute point in any event? (On the part of both parties as maybe Kass was being mislead, or FMX|Connect, or both . . .)

What should be considered if you are a serious journalist or commodity analyst is the fact that the buyer got filled. There was plenty of sell side liquidity coming out of London during his buying spree. This is a BEARISH factor. Remember for every buyer there is a seller, and all that matters is who the stronger hand is. The more you know.

Just in case you still were thinking that either one is either right or wrong.

Great article by FMX|Connect as a by-product though. Very informative and insightful.

Oh, and I will give FMX|Connect the thumbs up for their recognizing that, at the end of the day, they don't claim to know, and that ultimately they are dealing with probabilities.

I'll go with that.


Wed, 05/25/2011 - 19:24 | 1310884 RockyRacoon
RockyRacoon's picture

"Moot"... it's "moot".

Wed, 05/25/2011 - 11:11 | 1309057 buzzsaw99
Wed, 05/25/2011 - 11:13 | 1309066 cowdiddly
cowdiddly's picture


Wed, 05/25/2011 - 13:36 | 1309637 JW n FL
JW n FL's picture

that will cost you... 1 milliuun dollarzz!

Wed, 05/25/2011 - 11:08 | 1309059 slaughterer
slaughterer's picture

Goldfinger is Paulson.  Can you confirm, Mr. Kass? 

Wed, 05/25/2011 - 11:12 | 1309060 Atomizer
Atomizer's picture

Skunkbreeze Partners Management Inc.

Wed, 05/25/2011 - 11:13 | 1309064 slaughterer
slaughterer's picture

FMX Connect is a pretty standard reference for active commodity funds.  I am surprised Mr. Kass never heard of it.

Wed, 05/25/2011 - 11:17 | 1309083 alexwest
alexwest's picture

i didnt read into .. but i'm kind of expert on options trading ..

so , if those gold options were traded on offical exchange, then exchange must be publish some kind of daly report (see cme daily report for example), so
in this report there must be open interest/volume for each and every tradeable option .. so its v.v. easy to check..

well if that was off=counter, w/ private party, big
dealer like GS/JPM/etc, then we wont know anything..

'FOR FREE' anyway, its just for information only,

nobody in right mind would write anything for free..
all here is disinformation.. somebody is smart (like Tyler himself ;))))))) yes yes Tyler is not perfect too),, some stupid as hell as Leo/Victor Katznelson/ madhedgefundtrader


Wed, 05/25/2011 - 11:19 | 1309088 Dr. Engali
Dr. Engali's picture

Kass is an idiot. I have yet to see him be right about anything. Isn't gold supposed to be $900 by now according to him?

Wed, 05/25/2011 - 12:53 | 1309500 notadouche
notadouche's picture

To be fair he was the first in the media (that I saw) to step out and call for a generational low as the sky was falling.  He was saying buy while everyone else on CNBC was saying stay away.  Then Cramer jumped on his back and the rest is history.  After that he has no bona fides when talking precious metals. So that point is taken.   I just like to be even handed here.

Wed, 05/25/2011 - 11:19 | 1309093 Terminus C
Terminus C's picture

I have to admit Doug, your response amounted to:


Anyway, even in 'alternative' (whatever that is) media, citations are important.  It is one of the things this site does well.

Wed, 05/25/2011 - 11:21 | 1309098 percolator
percolator's picture

I've heard of FMX, but who the hell is this Doug Kass?

Wed, 05/25/2011 - 12:57 | 1309519 sdmjake
sdmjake's picture


Wed, 05/25/2011 - 11:23 | 1309103 Temporalist
Temporalist's picture

Fedel Gheit of Oppenheimer is on Bloomberg now saying that manipulating the market is common practice and every big player is doing it by their influence.  Most specifially he's mentioning oil but the consumer is the one paying the price.


Wed, 05/25/2011 - 11:23 | 1309121 spartan117
spartan117's picture

I prefer to listen to Jim Sinclair over FMX and Doug. 

Wed, 05/25/2011 - 11:28 | 1309143 UnRealized Reality
UnRealized Reality's picture

Don't know of Kass but any 3rd grader can call GOLD 1600, DAH!

Wed, 05/25/2011 - 11:28 | 1309146 gordengeko
gordengeko's picture

Fight Club Bitchez!

Wed, 05/25/2011 - 13:34 | 1309640 JW n FL
JW n FL's picture


Wed, 05/25/2011 - 11:28 | 1309147 RacerX
RacerX's picture

The lady doth protest too much, methinks.

Wed, 05/25/2011 - 11:42 | 1309199 glenlloyd
glenlloyd's picture



Wed, 05/25/2011 - 13:27 | 1309614 gmrpeabody
gmrpeabody's picture

+ another 1

Wed, 05/25/2011 - 11:49 | 1309243 TruthInSunshine
TruthInSunshine's picture

I'm not Goldinger? Are you Goldfinger?

Wed, 05/25/2011 - 11:50 | 1309248 SuperRay
SuperRay's picture

can't believe ZH is wasting our time with that moron Kass...

Wed, 05/25/2011 - 12:02 | 1309296 Dr. Engali
Dr. Engali's picture

Don't read it then and don't waste your time. I however find it funny to see Kass squirm.

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