Go Symbol Lookup
Loading...

Stocks Worth Their Weight in Gold?

 Text Size  
Published: Thursday, 30 Sep 2010 | 6:19 PM ET
By:

Producer

Instead of the US dollar, what if the stock market was priced in gold?

That's the idea the "Fast Money" team explored with Peter Boockvar, an equity strategist at Miller Tabak. Watch the video below to see how it went.

Chart of the Day
Are stocks worth their weight in gold? Peter Boockvar, Miller Tabak equity strategist explains.


______________________________________________________
Got something to to say? Send us an e-mail at fastmoney-web@cnbc.com and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment, but not have it published on our Web site, send those e-mails to fastmoney@cnbc.com.

Trader disclosure: On Sept. 30, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Guy Adami owns (AGU), (BTU), (NUE), (C), (GS), (INTC), (MSFT) and his wife works at Merck. Finerman owns (PM) and (IBM). She is short (IJR), (MDY), (SPY) and (IWM). Steve Cortes owns U.S. Treasuries and is short the euro, the British pound, Mexican peso, (XLF), (BAC), (LVS) and corn.

For Brian Kelly:
Accounts managed by Kanundrum Capital own (GLD)
Accounts managed by Kanundrum Capital own (GDXJ)
Accounts managed by Kanundrum Capital own (SLV)
Accounts managed by Kanundrum Capital own (ANDE)
Accounts managed by Kanundrum Capital own (GPRE)
Accounts managed by Kanundrum Capital own (PCL)
Accounts managed by Kanundrum Capital own (LPX)
Accounts managed by Kanundrum Capital owns U.S. Dollars
Accounts managed by Kanundrum Capital own Swiss Franc
Accounts managed by Kanundrum Capital own (TIP)
Accounts managed by Kanundrum Capital are short (XLF)
Accounts managed by Kanundrum Capital are short (BCS)
Accounts managed by Kanundrum Capital are short (HYG)
Accounts managed by Kanundrum Capital are short (SLF)
Accounts managed by Kanundrum Capital are short the Mexican Peso
Accounts managed by Kanundrum Capital are short the U.K. Pound

For Karen Finerman:
Finerman and Finerman’s Firm owns (BAC)
Finerman and Finerman’s Firm owns (BP)
Finerman and Finerman’s Firm owns (FLS)
Finerman and Finerman’s Firm owns (JPM)
Finerman and Finerman’s Firm owns (RIG)
Finerman’s firm owns S&P 500 puts
Finerman’s firm owns Russell 2000 puts

For Anthony Scaramucci:
Scaramucci and SkyBridge Capital own (AAPL)
Scaramucci and SkyBridge Capital own (BAC)
Scaramucci and SkyBridge Capital own (C)
Scaramucci and SkyBridge Capital own (GS)
Scaramucci and SkyBridge Capital own (JPM)
Scaramucci and SkyBridge Capital own the S&P 500
Scaramucci and SkyBridge Capital own the U.S. Dollar

PABLO PEREZ-FERNANDEZ
***No Disclosures***

BARRY RITHOLTZ
***No Disclosures***

DONALD STRAZSHEIM
***No Disclosures***

KENNETH STUMPHAUZER
***No Disclosures***

PETER BOOCKVAR
***No Disclosures***

BRIAN STUTLAND
***No Disclosures***

CNBC.com with wires.

 Print
Instead of the US dollar, what if the stock market was priced in gold? The "Fast" desk explores the idea.

   
Comments

 

More Comments

 
 

Add Comments

 

Your Comments (Up to 1100 characters):

Remaining characters

Your comments have not been posted yet.

Please review your submission to make sure you are comfortable with your entry.

Your Comments:


                
            
            
        

Featured

Contact Fast Money

  • Showtimes

    Halftime Report - Weekdays 12p ET
    Fast Money - Weekdays 5p ET
  • Lee is host on CNBC's “Fast Money,” and “Options Action.”

  • Wapner is an award-winning reporter and the host of "Fast Money Halftime Report." He has also reported documentaries for CNBC.

  • Adami is a contributor on CNBC's "Fast Money." He is also Managing Director of stockMONSTER.com.

  • Najarian, the "Pit Boss," is cofounder of optionMONSTER.com, a news site for options traders.

  • Finerman is President of Metropolitan Capital Advisors, Inc., a company she co-founded.

  • Founder of EmergingMoney.com

  • Chief Market Strategist for Virtus Investment Partners & CNBC Contributor

Halftime Report

Fast Money Features