Guest Post: Doug Kass Invented The $1600 Call In Gold Options

Tyler Durden's picture

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JW n FL's picture

and some say that I cut to the bone..

they, and you know what I mean.. they, can not think for themselves, all they can do is dumb it down put some lip-stick on it and re-sell it as their own.

they are not capable of rational comprehension, you really almost can not blame them once you realize that they are so distrubingly bland minded.

its not that they are lazy, they just lack the horse-power.

 

I am sorry that this happened but as things progress you will see a lot more until it is the big boys copy and pasting you.. because they are so far behind, at that point no one will be worried about law suits or even homeland security.. becuase the walls will be coming down around them. forever.

TheFourthStooge-ing's picture

It appears to me that Douggie Kass is not just a goat's ass, but a lazy, thieving goat's ass.

 

Turd Ferguson's picture

Kass is a complete and total douchebag on the order of Jon Nadler or Jeff Christian.

Crisismode's picture

No one is a greater douchebag than Nadless, but his buddy Jeff gives him a good run for the money.

 

You know, Christian is on record for calling gold at $1200 by yearend. Geez, but I'd like to grind his face in that one come January 1.

RockyRacoon's picture

I think the article pretty much nailed it.   Kass sells Kass, not much else.

cbaba's picture

+1

Few months ago the same Doug Kass was Claiming that the Gold will drop to 9 digit levels .:))

tmosley's picture

Must have been in England at the time.

lol

JuicyTheAnimal's picture

And you are not?  What is your call?  1600 gold by June or take the blog down?  Or was it July?  None the less, don't you make daily short term predictions that go like this:  Ruler lines drawn on charts about asset classes that are highly manipulated and/or event driven.  If it goes up to blah blah and holds there it will then go to blah blah or back down to blah blah blah unless blah blah then it goes to blah blah or blah blah.  If you're going to make predictions, predict often and lots of "ifs" help too?  I admit I usually disagree with Nadler but at least sometimes he has something else to say besides "I have a special talent for noticing paterns on charts."  What does your wife say about your gambling problem? 

Bay of Pigs's picture

Turd's record is pretty damn good, and had you followed him and traded on his calls you would have made money. Comparing him to Nadler just makes you look like a total douchebag yourself. You see, some people have integrity and some don't. I see where you stand.

JuicyTheAnimal's picture

Nobody has a special talent for short term calls in these assets unless you're moving the markets.  And certainly nobody has a special talent for short term calls based on "pattern recognition".  There is no pattern. 

On that note I would not waist my time to disprove your statement of "Turd's record is pretty damn good" although i'm sure I could.  So you win. 

Logic says that more inflation is coming.  However we may see some serious deflation first?  No "outsider" knows the near term timing.  In medium term the central banks are backed into a corner and it's human nature that they will take the path of least resistance...printing. 

Accumulate and hold physical precious metals.  Don't try and time the markets.  You'll just feed the "Evil Empire" in the end. 

 

However, I have just had a preminition that silver will either hit 37.80 today  If it doesn't tick back down to 37.65 first. 

JuicyTheAnimal's picture

Oh my god my record is impeccable.    It happened just as I said it would.  I am starting my own blog.  I will you keople you sheople posted. 

Bay of Pigs's picture

Like I said, if you read his blog daily like I do, you would know the facts on his calls.

"Waist" you time disproving me? Nice...

I'm guessing you don't read much around here either or you wouldn't talking to me how to play PM's.

 

JuicyTheAnimal's picture

Who is more fool?  The fool or the fool who follows the fool? 

Urban Redneck's picture

Strong opening wager- but does Kass check, raise, or fold?

Confucious 222's picture

Ah, so, Kass no longer welcome in FMX/Connect house.

Several pennies missing from dish on coffee table.

 

 

W0TM's picture

Doug's prediction record is pretty good except for metals, the economy and the Dow.  But he is interesting to read for his often perplexing reasons he gives of how he reaches various predictions. Doug - please keep writing

I wish I could find very old quote by George Soros (before he became a well-known financial sage and his name was virtually unknown) something to the effect that "finance is like love and war - everything is fair to achieve your objective".  Meaning words bordering on simple "untruths" (lies?) are just fine if it aids your objective.  Like when he was disparaging gold saying HE owned none of it EXCEPT a quick jump to the holdings of his fund showed GLD was its number holding at like 7% of the entire fund!  AND he owns much of the fund. So in a round about way he could (kind of) say "I own no gold". Other times it has been a play on words on physical versus paper for both silver and gold.  So "I sold all my gold (recent statement) I take as a "fake out" (football term) and his current feeling about metals is just the opposite. Soros is a strong bull on metals - you can count on that.  As an aside - Buffett plays same game the same exact way! Yes, there will be bounces but up all-time high spikes will occur soon.

total nonsense's picture

Good old Doug Kass, I run a mid tier brokerage firm and can tell you that he would take our research and utilize it the same way, Use our work to post on his sight, i will say that he did mention us as the source but makes you think that he might not have to many thoughts of his own.

dognamedabu's picture

Decent enough arguement. Thanks!

 

 

slaughterer's picture

The buyer is Paulson.   This is well known.

fmxconnect's picture

that is the front runner, but you said it first. we gave enough hints

LRC Fan's picture

Gold, bitchez!

Got an order coming my way from APMEX, just shipped yesterday. 

TradingJoe's picture

Whoever listens to these shills has it coming!

DonutBoy's picture

It is interesting to me that you claim to know what he's got wrong because of your proprietary methods.  Perhaps he knows more than you because of his proprietary methods?  Unless you choose to disclose your evidence and analysis, it is "he said, she said".  Having been through that mill, I can assure you nothing gets resolved!

lizzy36's picture

I think Kass makes up most of his calls.

Remember his great Japan call. Buy GE!!!!

anony's picture

How long and how many people did you have working on this?? 

Astonishing, the depth of this piece.

 

Internet Tough Guy's picture

CBs aren't as dumb as you think; they have gold and the BBs have paper. What backs the paper? Not much.

Imminent Crucible's picture

CB's have gold? Yeah, after ten years of divesting gold under the CBGA. If they're suddenly smart again, it took them long enough to catch on.

The Axe's picture

As stated by another ZH post, Mr. Kass is a over-rated butt boy of Cramer, who doesn't have many ideas of his own, certainly Tyler, and ZH have more ideas in a day then Dougie does in a month.

baconator3000's picture

So there I was. At the game when none other than I noticed Barack Obama sitting several rows in front of me. I got very excited...a tingly feeling down my leg. Suddenly I saw him get up and get escorted to the back. I got up, wanting to see if I could talk to him about important issues like DOMA and Cisgendered Bigotry legislation. This led me to the restroom. I tried to go in, but a secret Service agent stopped me from entering "Not now" He said pushing me back with authority. The door swung open for a second and I saw the annoited one washing his hands and finishing up. He opened the door, saw me, nodded. I looked down. I felt so awe inspired by this wonderful great man. Born of wisdom.

 

I rushed in looking for maybe a souvenir. Maybe a pen. Anything to remember this encounter. I checked all the stalls carefully. Suddenly I saw it. The handicap stall. Water still the flowing...with odor of feces..Possibly fried chicken and watermelon.

 

"The great one used this..I statue should be erected at this spot"! I said to myself outloud.

 How Lucky I am to be here. Whats a poor immigrant like me doing in a place like this!? I looked around...nothing Disappointed. And then  I saw it. Sitting in the toilet. Floating like a rubber ball in an electrical grid. The president left a gift. A big turd. Two of them. The toilet didnt properly flush. I got down on my hands and knees...looking face down.

 

Not sure what I wanted to do next. Suddenly, I impulsively reached down and grabbed the Turd. Placed it in my mouth. Still warm, I let the liquid swish around in my mouth. Pure delight knowing that it came from the great ones body. It was a part of him...now it was a part of me. I orgasimically shoved more and more of the turd into my mouth and chewed it and one point gagging. It was all worth it. I proceeded Swishing it around like a fine wine with little bits dribbling down my goattee and onto my shirt. Such a wonderful expierence. I took the last bite. The best! The softest piece. The president must of been constipated somewhat. I was saddened when I finished it off. But then my spirit was lifted when I looked down. Two more smaller turds. One shaped like florida the other like hushpuppie. I grabbed them. Shoved them in my pocket for safe keeping, I knew someday these may be worth something..

 

And that was the greatest day of my life.

Trillax's picture

I think, no I know, I just threw up a little in my mouth.

Quinvarius's picture

Doesn't sound like he had enough time to take a shit.  Sorry sir.  I believe you may have eaten the shit of a New Orleans Hornets fan.

topcallingtroll's picture

This should go in the zero hedge hall of fame. I have only nominated one other piece for such great honor.

expectplannedevents's picture

"both gold and silver have appreciated in value in excess of 20% annually versus nine major currencies. They refuse to point out gold and silvers’ 11 years track record having risen from $260.00 and $3.80 respectively to more than $1,500 and $50 per ounce." -Bob Chapman.

http://globalresearch.ca/index.php?context=va&aid=24956

"This shows you the massive deception by the major media, which is totally controlled by the elitists from behind the scenes."

 

JW n FL's picture

Looks like our team is controling media from behind the scenes on this one! LOL!

Dick Darlington's picture

OT: EU COMMISSIONER DAMANAKI SAYS GREECE'S EURO ZONE MEMBERSHIP IS AT RISK- ATHENS NEWS AGENCY

FranSix's picture

The MSM was in a tizzy over divestments in the GLD, especially concerning some very well known names.  I think this is just a starting point where larger concerns are taking delivery instead of just selling their holdings in GLD.

The reporting requirements are different for holding bullion vs. ETFs.  Any ETF will have to replace their bullion, especially should the price rise to new highs after substantial deliveries have taken place.

Anywhere ETF divestments have taken place, you'll want to look at their holdings in gold miners.

 

Urban Redneck's picture

Owning equity in a gold mining firm doesn't entitle one to offtake of mine production.

Tuco Benedicto Pacifico Juan Maria Ramirez's picture

Until the government nationalizes them that is.

 

Tuco Benedicto Pacifico Juan Maria Ramirez

Quinvarius's picture

Soros has his gold unreported in a vault.  Where it belongs.  It is time to not advertise.  He is not advertising.  I have no proof.  Only common sense.

ina gadda da vida's picture

"You don't get older, you get better."

shirley Bassey

but nowadays its lady ga ga  Deflation bitchez !

 

 

 

OneLessZombie's picture

I will never forget Mr. Kass, immediately prior to the collapse of Citigroup stock price a couple years+ ago,  stating he was short the stock because of information he obtained from high level connections within the company. 

Er, ah, isn't that ILLEGAL?  Did anyone even hear his public confession of criminality?  On national TV no less?

Assuredly Blind Justice remains blind.

Crisismode's picture

His 2nd cousin is a close friend of a Citi janitor who empties Pandit's wastebasket every night, and Kass reads the contents.

ABG LINE's picture

--)-)@

To my friends @ FMX Connect. :-)

 

Quinvarius's picture

Meoooow...pfffffttt!

Hehe.  Just kidding.  Kass has been riding the gold dong for so long he has lost all objectivity.

Tuco Benedicto Pacifico Juan Maria Ramirez's picture

90% or so of options expire worthless!

 

Tuco Benedicto Pacifico Juan Maria Ramirez

AldoHux_IV's picture

I had heard of FMX Connect from various sources, but never looked into their services or read their material until ZH started posting their stuff. I have to say that I've been pretty impressed with their info and analysis. Having said that I will have to say conjecture as a bad term for what everyone really tries to discern as best as possible in their own efforts may be too harsh-- afterall don't we all conjecture in some form? In the end, FMX Connect should not worry too much what a CNBC contributor and his cronies on CNBC think or say or steal from others because anyone listening to them is not interested in the red pill-- keep doing your thing and you'll get your credit from those who matter.

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