Quote of the day
Josh Brown, “Gold is a trade, not a way of life or a religion and certainly not a currency.” (The Reformed Broker)
Chart of the day

Not surprisingly gold is oversold, while the Dow is not. (Global Macro Monitor)
Markets
Should you be adding market risk at this point? (Dynamic Hedge)
How this rally resembles that of the 1980s. (Michael Santoli)
How much more does the crude oil/natural gas ratio have to go? (All Star Charts)
When stocks and gold broke up. (MarketBeat)
Strategy
Why real housing prices decline over time. (NYTimes)
Common factors in stock market seasonality. (SSRN)
Financial advisors
How technology is affecting the financial adviser space. (NYTimes)
Wall Street technology, as it were, still has a GIGO problem. (I Heart Wall Street)
Brightscope is planning to shine some light on RIA fees. (RIA Biz)
Tiger beat
Teenagers love their iPhones. (Daring Fireball)
Teens are growing tired of Facebook ($FB). (Marketwatch, SAI)
Online
Why is Goldman Sachs ($GS) investing in Motif? (NYMag)
Online sellers are looking to establish an offline presence. (GigaOM)
Finance
Just in case you doubted it: social finance has arrived. (B2BVoices via @allanschoenberg)
LBO funds are losing their dry powder. (Sober Look)
On the state of the hedge fund industry. (Hedge Fund Intelligence)
Funds
Bond managers are on a tear. Can they keep it up? (Jason Zweig)
Is it possible to pick active managers that outperform? (Systematic Relative Strength)
Economy
Why Peak Oil isn’t dead. (Wonkblog)
Inflation targeting is not dead yet. (Gavyn Davies)
A look back at the economic week that was. (Bonddad Blog, Calculated Risk)
The economic schedule for the coming week. (Calculated Risk)
Earlier on Abnormal Returns
What you missed in our Saturday morning linkfest. (Abnormal Returns)
Top clicks this week on the site. (Abnormal Returns)
Mixed media
The age of entrepreneurs is rising. (FT)
News is bad for you: stop consuming it. (Guardian)
What if we all died at 40? (Marginal Revolution)
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