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Gary Jakacky

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  • Gold Still The Best Play In The Commodity Markets [View article]
    Gold goes down on GOOD news because a stronger economy means higher interest rates. Gold goes down on BAD news because slow growth in china and elsewhere means less demand for metals. Gold goes down ALL the time because as the US economy plugs forward slowly the chicken littles are crawling out of the woodwork and into the world of productive assets. Until this triplicate mentality changes, it is hard to be bullish on gold. All the arguments given in this article have been true for a long time and we have yet to see a bottom.
    Sep 25 08:45 AM | Likes Like |Link to Comment
  • Leveraged ETFs Continue To Track Well And Show No Volatility Drag [View article]
    I agree that volatility drag, tracking error, and management/transaction... issues all roll into one ball of wax. I only wanted to point out in this semi-series of articles that you CAN USE levered ETFs to give ya a powerful shot in the arm, return wise, for periods considerably longer than a day.
    Drag is a phenomenon which is explained mathematically, but it is very much a real concern. Once the market moves against you and you start reinvesting, daily, those diminished funds, it takes a LONG time to get your money back; while the buy and hold investor/longer term guy comes back to even.
    Sep 24 01:45 PM | Likes Like |Link to Comment
  • Using Leveraged ETFs Effectively: An Example With Silver [View article]
    I often use spreads to limit BOTH risk and return; but Seeking Alpha does not publish pure options articles.
    Sep 24 10:57 AM | Likes Like |Link to Comment
  • Using Leveraged ETFs Effectively: An Example With Silver [View article]
    I also agree Anthony. An individual investor can leverage UP at low cost with the use of options, which these days are very cheap, as well. I would not use these ETFs. I do use DGZ, the reverse gold ETF, because it tracks well and has low drag; but that is simply because as a New Englander with puritan background, selling short seems to frisky.
    Sep 24 09:09 AM | Likes Like |Link to Comment
  • Analysis: More benefits for railroads from crude oil business [View news story]
    Fracking Unbelievable!
    Sep 22 01:34 PM | 3 Likes Like |Link to Comment
  • Long-Term Outlook - Bleak! [View article]
    Almost all these issues are dealt with in numerous other seeking alpha articles (by Calafia Beach Pundit). Love an article which completely ignores technological innovations such as fracking, medical and pharmaceutical innovations, and the shift of hundreds of millions of people to more market based systems (if not, exactly, "capitalism.") To draw long term trends about our economy based on data from 1980 onwards is weak as well.

    How convenient to leave out the pathetic performance in the Carter years! Other than that Mrs Lincoln, how did you like the play?
    Sep 21 04:34 PM | 3 Likes Like |Link to Comment
  • What If Deflation Comes To Pass? [View article]
    NO....there are no other causes of inflation. I used to play this game in my economics class: ten items on the table, and ten dollars to buy them with total. Then, without increasing the money supply, I would ask them to pay MORE for each product, on the average. You CANNOT DO IT.

    Inflation is always and everywhere a monetary phenomenon.
    Sep 20 08:57 PM | 1 Like Like |Link to Comment
  • Is Japan On Track With Its Economic Growth Plan? [View article]
    Golly Joe love the way your cogent analysis dismisses thousands of pages of unadulterated baloney from Nobel prizewinners and Keynesian peanut galleries. Well done!
    Sep 20 04:59 PM | Likes Like |Link to Comment
  • What If Deflation Comes To Pass? [View article]
    Sure...deflation increases the real value of debts. It also increases the real value of ASSETS, leaving "society's" balance sheet just fine. In fact it punishes the borrower, who more often than not refuses to live within his means. It helps the lender, who more often than not is frugal and prudent. NO WONDER east coast liberal elite economic theory---which has dominated the profession since the 1930s---dislikes deflation.
    Sep 20 04:44 PM | 5 Likes Like |Link to Comment
  • Asia Happy To Buy All Our Gold Under The Radar [View article]
    Japan was more than willing to buy all our gold (And a lot of Seattle Real Estate) back in the 1980s. How did that work out?
    Sep 19 06:39 PM | 4 Likes Like |Link to Comment
  • Strategy To Tactics: Why Screen And How I Screen [View article]
    Todd I don't know if FINVIZ will let you do this or not, but the final lists of stocks that you get can be sensitive to the ORDER at which the screens are applied. You might randomize the order and see if you get slightly different lists.
    Sep 19 05:01 PM | Likes Like |Link to Comment
  • Bubble Stage Of This Bull Market May Be Nigh [View article]
    Thanks for the article. The warning of a bubble to COME, is valuable, as you give us guidelines to look for as this story unfolds. If these guidelines materialize, your thesis becomes stronger and more useful. If they do not, then investors can assume a bubble is not forming and act on some other investment criteria. Does your article mean you expect the next phase of this market to be a traditional bull market blow off top? YOWZERS!
    Sep 19 01:19 PM | 1 Like Like |Link to Comment
  • Is The Bottom In On Gold? It Doesn't Matter To Me [View article]
    With the amount of oil and natural gas that the US has to sell in overseas markets as a result of fracking and 3-d drilling, whatever backscratching the Russkies and Chinamen do it unimportant. Talk about leaving the dollar has been going on for decades. All talk, no action. The US budgetary and financial situation is far better than any nation I can think of.
    Sep 19 01:09 PM | 2 Likes Like |Link to Comment
  • AT&T: Moving Ahead Despite Challenges [View article]
    There is an old saying among day traders: do not day trade a stock you wouldn't want to own for 10 years. When I do short term trades I use T as a market proxy for that reason. Plus the dividend income strategies can be used to get capital losses to offset gains while also collecting eligible dividends.
    Sep 19 11:57 AM | 2 Likes Like |Link to Comment
  • Retired Investors Should Not Fear Recessions Or A Bad Market: Part 1 [View article]
    What a great list to start with and select a subset (if needed) based upon dividend yield, and fundamental analysis like balance sheet strength and such. Kudos Chuck.
    Sep 18 03:14 PM | Likes Like |Link to Comment