The Bottom Is In For Gold And Mining Stocks [View article]
No no, not at all. The bottom is in. With the Yen crashing it is the signal of the beginning of a global currency crisis. Recent weakness is only traders looking for quick profits in stocks and liquidating gold positions. That will reverse quite soon if it hasn't already.
Athersys Has Some Promise, But Controversy And Doubt Remain [View article]
I agree that small positions should be taken in stem cell stocks, nothing more than 2 to 3%. Athersys is not necessarily a bad choice, but there are other ones that are more promising.
The Bottom Is In For Gold And Mining Stocks [View article]
Could be. Even so, all the other signs point to a long term bottom. Watch the Yen and the pound. If they continue to plummet past support, the entire character of the PM sector will change as a currency crisis sets in.
Seeking Alpha is a great forum where people can express their opinions openly and debate the issues. I found it very interesting that many of the comments above attacked me personally while not addressing the premise of the article.
For your edification, the stock lost over 20% of its value prior to the article's publication.
Market Running On Fumes, Prepare Your Exit Strategy [View article]
Thanks for replying Jeb, looks correct. These drops are negligible in and of themselves, but if they continue it will be meaningful. It looks like M2 may be stabilizing for now, but we're still dangerously close to a precipice.
Market Running On Fumes, Prepare Your Exit Strategy [View article]
Money does not seasonally adjust. "Seasonally adjusted money" is a nonsense number. Money is money, however much is out there is however much is out there. Use the non seasonally adjusted 13-week average, first and last number on each sheet. Using a shorter average will give you too many bumps and false positives.
Market Running On Fumes, Prepare Your Exit Strategy [View article]
Jeb,
The reason excess reserves were zero before 2008 is that the banking system has always been fully loaned up. Banks thought they could make more money lending out rather than earning interest with excess reserves. They jumped up momentarily right before 9/11 (strange, huh?) but went back down.
The '08 financial crisis was a total meltdown of the fractional reserve banking system that never happened before as loans started defaulting left and right with the epicenter in the mortgage backed security system at Fannie Mae. There were two choices. Either let the liquidation happen and say goodbye to fractional reserve for a more honest banking system, say 100% reserve, or print money like mad and save all the bad loans.
The Fed chose the second option. This time, the banks did not touch that money, thinking it's better to leave a whole bunch at the Fed rather than lend it all out again and go bust, as happened before. When confidence starts picking up, however, that money will start coming out. When it does, inflation will necessarily skyrocket.
3% is not a scientific number, but if you do the research on past money supply stats, you'll see that it constitutes a sort-of tipping point beyond which money supply growth usually goes negative. It's not an iron rule though.
4 Scary Charts Warning Of The Next Financial Crisis [View article]
I came to similar investment conclusions from a different angle. The yen is about to be destroyed. The dollar will follow. QE won't end until the dollar drowns.
Market Running On Fumes, Prepare Your Exit Strategy [View article]
"Losing faith" is not a cause. It is an effect. The cause is money supply growth and shrinkage. This happens with paper money, which causes booms and busts. You've got the cart before the horse.
The Bottom Is In For Gold And Mining Stocks [View article]
@holbornnine -
If you're doing options I'd stick to LEAPS. If your timing is off you're in trouble. The Jan 2015 13 Call looks good. Don't do anything shorter term than that, but 2015 is far enough out to ensure you're good.
Pandora, Groupon, Zynga And Mobivity: Hard Numbers Show They're Turning A Corner [View article]
My thoughts are don't take anyone who publishes explicit price targets to the public seriously. More often than not they are trying to manipulate technicals to their advantage. I do think Zynga is going up, but I have no price targets or exact time frame other than that as their numbers improve, the stock will as well.
The Bottom Is In For Gold And Mining Stocks [View article]
NUGT is a dangerous tool at 3x leverage. If you're off by even a week with NUGT the final correction will throw you off the bull, and even if you have the stomach to stay on, decay will destroy your earnings if the rise out of the bottom is anything short of parabolic. I'd switch to GDX if I were you.
Pershing Gold Is A Good Guy And Great Buy, But Not For The Reasons You Think [View article]
Dxbtrader -
I do relate to the recent report. My assessment is that it is not particularly important. As for the price quote of .50, see my response to LisaE above.
Regarding price movements, on January 17 when the article was written, PGLC hit a high of .62. The next day it retreated to a low of .47. Check the historical price tables.
If you had read the article, even its title, in its entirety, you would know that I am far from a bear on PGLC. I do believe it is short term overbought on the hype of this report, however. My advice at the end is to buy the dips which will result from the current hype.
Maxim Group Highlights 3 Stem Cell Stocks To Consider And 1 To Avoid [View article]
One can only assume that Maxim has pursued with no luck banking business from CUR and therefore the reason for the bash. For CUR, has been doing nothing but phenomenal since their current raises and recommendations
The Bottom Is In For Gold And Mining Stocks [View article]
Athersys Has Some Promise, But Controversy And Doubt Remain [View article]
The Bottom Is In For Gold And Mining Stocks [View article]
Not Enough Cash For Sunshine Heart [View article]
For your edification, the stock lost over 20% of its value prior to the article's publication.
Market Running On Fumes, Prepare Your Exit Strategy [View article]
Market Running On Fumes, Prepare Your Exit Strategy [View article]
Market Running On Fumes, Prepare Your Exit Strategy [View article]
The reason excess reserves were zero before 2008 is that the banking system has always been fully loaned up. Banks thought they could make more money lending out rather than earning interest with excess reserves. They jumped up momentarily right before 9/11 (strange, huh?) but went back down.
The '08 financial crisis was a total meltdown of the fractional reserve banking system that never happened before as loans started defaulting left and right with the epicenter in the mortgage backed security system at Fannie Mae. There were two choices. Either let the liquidation happen and say goodbye to fractional reserve for a more honest banking system, say 100% reserve, or print money like mad and save all the bad loans.
The Fed chose the second option. This time, the banks did not touch that money, thinking it's better to leave a whole bunch at the Fed rather than lend it all out again and go bust, as happened before. When confidence starts picking up, however, that money will start coming out. When it does, inflation will necessarily skyrocket.
3% is not a scientific number, but if you do the research on past money supply stats, you'll see that it constitutes a sort-of tipping point beyond which money supply growth usually goes negative. It's not an iron rule though.
4 Scary Charts Warning Of The Next Financial Crisis [View article]
I think you'd enjoy this approach:
http://seekingalpha.co...
Market Running On Fumes, Prepare Your Exit Strategy [View article]
Market Running On Fumes, Prepare Your Exit Strategy [View article]
http://1.usa.gov/Hh0NmH
scroll to the H.6 sheet under money supply, and do the math. It comes out once a week on fridays.
The Bottom Is In For Gold And Mining Stocks [View article]
If you're doing options I'd stick to LEAPS. If your timing is off you're in trouble. The Jan 2015 13 Call looks good. Don't do anything shorter term than that, but 2015 is far enough out to ensure you're good.
Pandora, Groupon, Zynga And Mobivity: Hard Numbers Show They're Turning A Corner [View article]
The Bottom Is In For Gold And Mining Stocks [View article]
Pershing Gold Is A Good Guy And Great Buy, But Not For The Reasons You Think [View article]
I do relate to the recent report. My assessment is that it is not particularly important. As for the price quote of .50, see my response to LisaE above.
Regarding price movements, on January 17 when the article was written, PGLC hit a high of .62. The next day it retreated to a low of .47. Check the historical price tables.
If you had read the article, even its title, in its entirety, you would know that I am far from a bear on PGLC. I do believe it is short term overbought on the hype of this report, however. My advice at the end is to buy the dips which will result from the current hype.
~Alberto
Maxim Group Highlights 3 Stem Cell Stocks To Consider And 1 To Avoid [View article]