[This item originally appeared on June 11th, 2006, back when I used to occasionally watch the weekend Fox business news shows before there was a Fox Business Channel. I don't want to ruin the fun for anyone by telling you what Beazer Homes trades at today, but I will provide this link for when you're ready to find out.]

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There’s been a little yellow sticky note at the top of my computer monitor since the end of January of this year. It says, “1/21 – Cavuto – Herman Cain – BZH – $75″, in reference to a recommendation made by Herman Cain on the Fox business news show Cavuto on Business to buy Beazer Homes at $75 about five months ago.

It’s been sitting there for a while now, and it wasn’t really clear what should be done with it aside from maybe adding it to the collection of prognostications that are kept in a text file on my computer desktop. But that text file contains predictions from people whose opinions are respected here, so Herman’s little stock tip really didn’t fit neatly into that category.

So, when John Rutledge started talking about commodities the other day on Larry Kudlow’s show (a program that is viewed here about once every few weeks, and then only to listen to Barry Ritholtz and Herb Greenberg unsuccessfully try to beat some sense into Larry’s skull on Thursday afternoons) the idea was hatched to combine these two bits of supply-sider clairvoyance into a short little Sunday post to demonstrate the dangers that lie in wait for anyone taking investment advice from these types.

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