Is The Swiss Franc Overvalued? Purchasing Power Parity [View article]
Thanks for the detailed article. But FXF provides a measure of the Swiss franc against the US dollar, correct? So in recommending FXF, why all the comparisons with the Euro?
10 Most Shorted Business Development Companies [View article]
Both FSC and PSEC look solid and as I mentioned in the article their short interest has been going down since January. PSEC and TICC have been good to me in the past and I don't see that changing in the near future.
Top 10 Most Shorted Gold Mining Stocks [View article]
Short interest is definitely a double-edged sword - it shows that shorts have spotted some weakness and are exploiting it, but at the same time they have to cover their positions at some. This is what gives you that big volatility. With SPPI you need to try to figure out what is the weakness, and when you believe that the weakness is going way that would be a great time to jump in.
Gold Mining Stocks - Down But Not Out [View article]
Noneleft, in my opinion the way to overcome this bizarre disconnect is to have the big miners announce major share buybacks at these depressed prices, and to see strong insider buying. This will draw enough attention from the herd to jump back in.
Gold Mining Stocks - Down But Not Out [View article]
From what I see in ABX and GG reports, production costs increases have not been that dramatic and are more than compensated by the increase in gold selling prices.
Gold Mining Stocks - Down But Not Out [View article]
Yes, gold ETFs have presented investors with a choice they didn't have before. So why are so many choosing to buy the ETF and sell the miner? I think this goes back to investor psychology and herd mentaility, i.e. thinking that ETFs are a much safer bet, even though in reality the ETF would not exist without the miners.
The Threat Of Structural Unemployment [View article]
Greg, you are correct that the BLS unemployment rate does not include the underemployed or the people that have simply given up looking and are excluded from the labor force. But those are the official stats we have to work with.
Review Of Gold's Economic Fundamentals In Q3 [View article]
drbuilder, you are forgetting that supply of gold is quite elastic and would be easily reduced if price goes down. Also, investment demand is still going up especially as the euro is eroding.
The Meteoric Drop Of Invesco's Book Value [View article]
Thanks ddeaninaz. I had expected the dividend to drop, but going from $0.97 to $0.65 in 6 months is just not acceptable. IVR is in trouble and I don't trust the management anymore. Book value will continue to go down and the stock should be at $12 or less right now.
The Meteoric Drop Of Invesco's Book Value [View article]
Actually I'm not predicting that the swaps will go down more in value, since I cannot predict interest rates. I'm stating that the swaps HAVE gone down in value dramatically, which has crushed the book value so far. This is the main reason why Invesco has underperformed its peers as I showed in the 6-month chart - its peers did not hedge nearly as much and thus their book values are relatively intact.
5 Undervalued REITs Going Straight Up [View article]
Lots of REITs are externally managed and they are doing fine. CWH is not constantly diluting shareholders - they only had one public offering for all of 2011. Whether the pricing of the offering is below book value or not, that's up to the market not up to the management.
Is The Swiss Franc Overvalued? Purchasing Power Parity [View article]
This Cheap Gold Miner Is Ready To Glitter Again [View article]
10 Most Shorted Business Development Companies [View article]
Top 10 Most Shorted Gold Mining Stocks [View article]
Top 10 Most Shorted Gold Mining Stocks [View article]
Gold Mining Stocks - Down But Not Out [View article]
Gold Mining Stocks - Down But Not Out [View article]
Gold Mining Stocks - Down But Not Out [View article]
5 REITs And REIT-Related Equities With Outstanding Dividend Yields [View article]
The Threat Of Structural Unemployment [View article]
Review Of Gold's Economic Fundamentals In Q3 [View article]
The Meteoric Drop Of Invesco's Book Value [View article]
7 High Quality Stocks For The Long-Term Investor [View article]
The Meteoric Drop Of Invesco's Book Value [View article]
5 Undervalued REITs Going Straight Up [View article]