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Mike Williams

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  • Gold Stocks Slammed: Buying Opportunity? Absolutely Not [View article]
    its_grand,

    I've actually read a lot of Casey Research's views on the business. It's very well written, but I disagree with the conclusion.

    Thanks for the link.
    Jul 13 01:20 PM | Likes Like |Link to Comment
  • Gold Stocks Slammed: Buying Opportunity? Absolutely Not [View article]
    Worthless comment. You have added no new information.
    Jul 13 12:14 AM | Likes Like |Link to Comment
  • Gold Stocks Slammed: Buying Opportunity? Absolutely Not [View article]
    Totally agree, but you're forgetting something very important: gold was indeed in a manic state right around this time last year. That very well could have been the end of the bull market.

    Long, long-term (decades), I love the idea of owning some physical gold. For most investors' purposes, right now, I'd advise against it.

    Thanks for the comment.
    Jul 12 05:30 PM | 2 Likes Like |Link to Comment
  • How David Einhorn Shorts Stocks [View article]
    Thanks, Skyler.
    Jul 12 05:06 PM | 1 Like Like |Link to Comment
  • Tuesday Market Action: Huge Technical Support Broken, The Start Of Something Much Worse [View article]
    Haha I'm not sure either. It's almost incredible how off base they are.
    Jul 12 01:39 PM | Likes Like |Link to Comment
  • Ford $9 Trade Update: Previewing Earnings And A Looming Stock Bottoming [View article]
    Kind of a boring, overused saying by now. Isn't it?
    Jul 12 01:31 PM | 2 Likes Like |Link to Comment
  • Tuesday Market Action: Huge Technical Support Broken, The Start Of Something Much Worse [View article]
    Good thing I have a Mac then.
    Jul 12 01:09 PM | Likes Like |Link to Comment
  • Gold Stocks Slammed: Buying Opportunity? Absolutely Not [View article]
    Ah yes, you have to love those "real" Wall Street analysts. They've always gotten it right.

    As for your rationale, I pretty much picked apart the idea that they have miniscule P/Es, and I'm not sure what "spitting out profits means."

    QE is likely on the way in some form, but its effect on gold will be muted.
    Jul 12 12:25 PM | 2 Likes Like |Link to Comment
  • Tuesday Market Action: Huge Technical Support Broken, The Start Of Something Much Worse [View article]
    No...But I can tell you don't care to focus on the technical side of their work.
    Jul 12 12:23 PM | Likes Like |Link to Comment
  • How David Einhorn Shorts Stocks [View article]
    Sorry, that was very poorly written.

    I meant to say that the way to "short" the Fed is by buying Gold.

    Thanks for pointing that out.
    Jul 12 10:36 AM | 2 Likes Like |Link to Comment
  • Gold Stocks Slammed: Buying Opportunity? Absolutely Not [View article]
    Thanks for the question,

    Please refer here (BAC): http://on.mktw.net/NrX7C3

    Here (Goldman Sachs): http://bit.ly/NrX6OB

    And here (Morgan Stanley): http://bit.ly/NrX7Cd
    Jul 12 10:34 AM | Likes Like |Link to Comment
  • Gold Stocks Slammed: Buying Opportunity? Absolutely Not [View article]
    Very interesting point.
    Jul 12 10:11 AM | 2 Likes Like |Link to Comment
  • Gold Stocks Slammed: Buying Opportunity? Absolutely Not [View article]
    Look I'm as bearish as they come. Gold (in its physical form) makes sense as a way to maintain purchasing power over several decades and will soar if major catastrophe comes.

    That being said, as an investor, betting on global collapses and unlikely hyperinflation isn't a valid method.
    Jul 12 10:10 AM | 3 Likes Like |Link to Comment
  • Gold Stocks Slammed: Buying Opportunity? Absolutely Not [View article]
    Check out almost every major bank's price target on gold. You tell me where analysts expect gold in a couple years.
    Jul 12 10:06 AM | 1 Like Like |Link to Comment
  • Ford $9 Trade Update: Previewing Earnings And A Looming Stock Bottoming [View article]
    For such a solid company, it has indeed been quite a fall.

    It seems that people misunderstood the cyclical investment cycle, whereas you buy when things are worst, not improved.
    Jul 12 09:49 AM | Likes Like |Link to Comment
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