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The scalps at Herbalife (HLF) and Green Mountain Coffee Roasters (GMCR) are still raw and hedge-fund manager David Einhorn is already whacking at his latest target: The "Jelly Donut" monetary policy at the Federal Reserve.

Read the entire, long essay at the Huffington Post to get Einhorn's full argument. Hint: Fans of the SPDR Gold Trust (GLD) will love Einhorn's take on the metal, which includes quips like "one nice thing about gold is that it doesn't even have quarterly conference calls." Here's a flavor: