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Fox Analysts Not Putting Money Where Their Mouths Are

Reported by Judy - January 20, 2007 -

Brenda Buttner and her motley crew on "Bulls and Bears" love to pump up viewers with their views on how great the U.S. economy is doing. So you would think they might be planning to buy a lot of American stocks.

But that's not necessarily true.

On Saturday (January 20, 2007), Buttner introduced the stock-picking segment of her program, called the "Stock X-Change," with the promise that her panel members would be "putting their money where their mouths are" by recommending to viewers the same stocks they themselves plan to buy.

Of the five panel members, two recommended stocks from foreign countries. That's right. These liberty loving, freedom-fry eating, flag-waving Bush backers were going to send some of their money overseas.

Peter Schiff, of Euro Pacific Capital, recommended buying a South African gold stock -- not exactly a sign of faith in the American economy. And Tobin Smith, of Changewave Research, suggested people buy an oil and gas royalty trust company from Alberta. Yeah, a Canadian company. What next? Some company from France?

If these guys really are such patriots, shouldn't they be keeping their money at home?