How To Ditch the Dollar And Buy Chinese Renminbi [View article]
it is very easy to buy Renminbi with an ETF. It is traded as CNY. This is the simpler way to go. you cannot buy RMB at the airport. you cannot even trade the currency in Hong Kong if you have leftovers from China. So stick to the liquid and simple ETF
Three Stocks Mistakenly Thought to Be Rare Earth Stocks [View article]
buzz word investing is a racket and it is unfortunate that seeking alpha is letting people hold forth about companies based on buzz words which do not even apply to their businesses. this site needs to be cleaned up, and I speak as one of the earliest contributors to it. vivian lewis, ed. www.global-investing.com
U.S. Investor Global Equity Fund Flows Overview, First Week of 2011 [View article]
I am only interested in investing outside the USA so a fund investing mostly inside the US would not meet my targets as well as RIG does. hence no to APWR and yes to Transocean of Switzerland and Schlumberger of Holland and a couple of smaller Norway and Singapore companies in the field. as for the charts on AZN, I agree that there has been a steady run of bad news for the company. But that is an explanation of the chart, meaning it may turn. I think that is what the Investors Chronicle is saying. Charts are only worth using if you treat them as a starting point for investigating companies.
Thoughts on Gold, Pessimism About Europe, Chinese Equities and Poland's Chances of Growth [View article]
Just for the record, the price of gold may go up without helping the bottom line of gold-mining companies. The miners sell forward the gold they will produce in the future in order to raise finance for adding capacity. This is called hedging. So the impact of the higher price of gold is not on the profit of the miner-49'er. The extra money goes to the bank. This is not a good or a bad business model; it is how the gold-mining industry traditionally is financed. Note that some big gold mining companies which can afford it are buying back their forward hedged sales..
Notes on France's Credit Stress, New Brazil ETF and China's Housing 'Bubble' [View article]
No, Chinese real estate development companies are not allowed to buy low-rent government funded housing projects. That is not true. When I was in China I visited not just newbuild private real estate sites but also existing public housing projects. They are separate markets. Even Chicago, which is capitalist and often corrupt, did not sell the beaten-up Cabrini public housing projects for private redevelopment. To imagine that a Chinese Communist local authority would dare to do this is a fantasy.
Changes to Payment of Preferred Dividends of European Financials [View article]
I also own the NatWest preferred which are paying out. This is a minefield given that you need to know the history of the letter of the alphabet for your preferred shares. I happen to own the RBS F, which is not paying divvies, and the RBS P, which is. I bought both of them in 2008.
I am familiar with Peter Schiff's work and I know him personally. I used to have an account with his brokerage until he threw me out because I wrote something he disapproved of in my newsletter, not about gold. The idea that Mr. Schiff will be able to mint negotiable coins is ludicrous. If fiat money fails and we wind up in a gold economy, which I doubt, home-made coins will not be accepted as tender. He was not the main subject of my article; his new fund was.
having been an American in Paris myself for 15 years I am sympathetic to that writer. please note that you only get opinion with seeking alpha. actual investing advice from me is not free, but frankly given my track record it is well worth signing up for at www.global-investing.com
and don't just count on me to tell you this. Mark Hulbert, the newsletter tracker, says my risk-adjusted return over the last 12 months is just under 100%. And my annualized return over the past 15 years produced steady-eddy gains too, except for 2008. (I put my panties on one leg at a time and invest in the same stock markets as the rest of the world.)
my newsletter is sold by subscription. you are only getting the part which is free. so don't expect full meals. visit global-investing.com to learn more
Changes to Payment of Preferred Dividends of European Financials [View article]
it is a tricky subject. the best thing to do is to use the company website to find the prospectus. Or switch from individual preferreds to a managed fund like PGF. there is a lot of funny manipulative stuff going on in the foreign bank preferred stock area.
after I published my note about the STD B sale yesterday there was a huge ask posted all day for over 35,000 shares, well over the limit which I had run up against with my supposed corner, of 10,000 shares.
I am not propagandizing for the Fed and moreover I am a commoner not an aristocrat and allergic to cats. As far as the IMF is concerned they have been working out forecasts of growth since about 1945 so there are some reasons to listed to their estimates. as for conspiracy theories about why gold has failed to keep up its rise, no comment
Why I'm Cutting Back My Dr. Reddy's Position [View article]
RDY announced sales off 7% in rupees and profits off 14%. natch this did have an effect. it was not insiders as such; it was just that the firm reports first in its local market. that was while the USA was sleeping Weds night. the US selloff on Weds was probably just preventive because analysts did not expect a brilliant first quarter for FY 2010-11. If you trade international stocks you need information from foreign markets not just the Big Board, as is provided by vivian lewis, ed. global-investing.com
Notes on France's Credit Stress, New Brazil ETF and China's Housing 'Bubble' [View article]
thanks. China already has government housing in provincial cities. it is not very nice, like US housing projects. China does not build much in the coastal regions because they do not want more people to move there. except in Beijing. for the Olympics, up to 2008, people were removed from picturesque but insalubrious homes in Beijing and moved to the outer suburbs where the government built homes for them. so the threat if any of public housing does not hurt homebuilders of the private sector. as for the costs, just between us, they are a judicious balance between what people want and what they can afford. the company I recommend is active in smaller (2nd and 3rd tier) cities and has paid to the municipalities (city governments) to buy a land bank. so the mayor is not going to go against their projects. sometimes you have to go to the site and visit the show apartments and talk to the developers with a Chinese translator (as I have done) to get a real fix on the situation. vivian
How To Ditch the Dollar And Buy Chinese Renminbi [View article]
vivian lewis, ed.
www.global-investing.com
Three Stocks Mistakenly Thought to Be Rare Earth Stocks [View article]
vivian lewis, ed.
www.global-investing.com
U.S. Investor Global Equity Fund Flows Overview, First Week of 2011 [View article]
as for the charts on AZN, I agree that there has been a steady run of bad news for the company. But that is an explanation of the chart, meaning it may turn. I think that is what the Investors Chronicle is saying.
Charts are only worth using if you treat them as a starting point for investigating companies.
vivian lewis, ed.
global-investing.com
The Time to Buy Has Come [View article]
Thoughts on Gold, Pessimism About Europe, Chinese Equities and Poland's Chances of Growth [View article]
Notes on France's Credit Stress, New Brazil ETF and China's Housing 'Bubble' [View article]
They are separate markets. Even Chicago, which is capitalist and often corrupt, did not sell the beaten-up Cabrini public housing projects for private redevelopment. To imagine that a Chinese Communist local authority would dare to do this is a fantasy.
Changes to Payment of Preferred Dividends of European Financials [View article]
Gold Peak? [View article]
He was not the main subject of my article; his new fund was.
Gold Peak? [View article]
and don't just count on me to tell you this. Mark Hulbert, the newsletter tracker, says my risk-adjusted return over the last 12 months is just under 100%. And my annualized return over the past 15 years produced steady-eddy gains too, except for 2008. (I put my panties on one leg at a time and invest in the same stock markets as the rest of the world.)
Gold Peak? [View article]
Changes to Payment of Preferred Dividends of European Financials [View article]
after I published my note about the STD B sale yesterday there was a huge ask posted all day for over 35,000 shares, well over the limit which I had run up against with my supposed corner, of 10,000 shares.
Portugal's Banking Advantage [View article]
I published a correction yesterday. Obrigada
vivian
Good News Catches Bears Off-Guard [View article]
Why I'm Cutting Back My Dr. Reddy's Position [View article]
vivian lewis, ed.
global-investing.com
Notes on France's Credit Stress, New Brazil ETF and China's Housing 'Bubble' [View article]
as for the costs, just between us, they are a judicious balance between what people want and what they can afford. the company I recommend is active in smaller (2nd and 3rd tier) cities and has paid to the municipalities (city governments) to buy a land bank. so the mayor is not going to go against their projects.
sometimes you have to go to the site and visit the show apartments and talk to the developers with a Chinese translator (as I have done) to get a real fix on the situation. vivian