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Robert Hallberg  

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  • 2012: Expect Gold To Take Off As We Approach Phase 3 Of The Bull Market [View article]
    Sure, but the intuitional players have barely touched it and many have no exposure at all. Wait until the mutual fund industry and pension funds starts buying it.
    Dec 20, 2011. 02:21 AM | 1 Like Like |Link to Comment
  • 2012: Expect Gold To Take Off As We Approach Phase 3 Of The Bull Market [View article]
    There is still a lot of skepticism of gold from the public and ownership is low. Gold only still represent less than 1% of global assets. http://seekingalpha.co...
    Dec 20, 2011. 02:18 AM | Likes Like |Link to Comment
  • Diversify Your Money And Protect Against Currency Depreciation [View article]
    The Singapore dollar is at 22.7% of gold over the same time span. So at 6th place among the currencies listed. Although Singapore does have a pretty sound economy…
    Dec 15, 2011. 12:37 AM | Likes Like |Link to Comment
  • Inflation Or Deflation, Gold Will Outperform [View article]
    Mr. Nolal,

    If you don’t base your decisions on facts and figures what else should you use base it on? You used a lot of figures in your post…are those a lie?

    Gold moves in cycles. During certain time periods gold gain value against other goods and during other time periods it loses value against other goods. I written about this before: http://seekingalpha.co...

    If we have true deflation it is possible that gold drops in dollar terms but it will more than likely gain in value against other assets, such as the stock for example.

    Gold is not always a good investment, but it happen to be in a bull market right now, and it would be wise to invest in it until the end of this bull market.

    The last bull market ended in 1980. At that time Paul Volker increased the feds fund rate to about 20% and killed inflation, and we put our financial house in order. As the faith was restored in the dollar, gold plummeted and remained in a bear market for two decades.

    Today, I doubt that the Fed will be able to raise interest rates with debt levels close to 100%. However, there will come a time when this bull market in gold is over and I will sell my gold. It is probably many years from today, though!
    Dec 8, 2011. 04:55 PM | Likes Like |Link to Comment
  • Inflation Or Deflation, Gold Will Outperform [View article]
    Why $2,400? Is there any log behind that figure?

    Rather than to put a dollar figure on how far gold will go, I suggest comparing it to other tangible goods such as the Dow Jones, or real estate. There is a historical relationship between gold and the Dow Jones. At different points in time gold has been trading at a ratio of 1:1 or 2:1 to the Dow Jones, and whether we will see Dow at 4,000 and gold at 4,000, or the Dow at 10,000 and gold at 10,000 remains to be seen. At a 1:1 ratio I believe that it has reached its peak in terms of purchasing power relative to other financial assets, and it will be time to put your money into something else.

    I wrote an article about the subject: http://seekingalpha.co...
    Dec 8, 2011. 03:24 PM | Likes Like |Link to Comment
  • Inflation Or Deflation, Gold Will Outperform [View article]
    Agree, physical gold is preferred over paper derivatives.
    Inflation is running around 12% according to shadow stats…
    Dec 8, 2011. 01:28 AM | 1 Like Like |Link to Comment
  • Inflation Or Deflation, Gold Will Outperform [View article]
    If we have a deflationary contraction my guess is that the governments will kick money printing into high gear. But if we would actually have true deflation and a contraction of the money supply we will see bank-runs, bankruptcy, and default. In such an environment your money will not be safe in the bank or in a bond and people will favor gold as the ultimate safe haven asset.
    Dec 6, 2011. 11:36 PM | 6 Likes Like |Link to Comment
  • Inflation Or Deflation, Gold Will Outperform [View article]
    Avi,
    Gold was the only “hard asset” that was up for the year in 2008 during the deflationary bust. It did have quick correction along with all other assets but it shot right up in a matter of weeks and assumed its role as a safe haven. Silver, Copper, Oil, other commodities, etc were all down for the year but gold closed at a higher price.

    Check out the chart for yourself: http://bit.ly/vK9o3H
    Dec 6, 2011. 11:09 PM | 3 Likes Like |Link to Comment
  • Defend Against The China Blahs With Gold; Avoid Commodities [View article]
    China has created enormous wealth, and some of the state-directed projects have been beneficial, this was especially true in the early days of their economic reform. Despite writing a negative article about China, I believe that China may become the next economic superpower. However, I think they will get in serious economic trouble over the next couple of years. Every boom has a bust and China has had a giant boom fueled by credit growth. This will not stop them long term though, the United States still managed to become to most powerful nation in the world after the great depression.
    Dec 4, 2011. 03:15 AM | Likes Like |Link to Comment
  • Defend Against The China Blahs With Gold; Avoid Commodities [View article]
    Gold is a monetary metal and it is not really affected by the business cycle. Most demand for Gold comes from investments and jewelry, not industry. In addition, if there is a slowdown, Governments will print money and that is bullish for gold. FSG might be a good option but it is a leveraged EFT and it is be degraded over time.

    See "facts and figures about gold" regarding demand for Gold
    http://seekingalpha.co...
    Dec 1, 2011. 04:31 PM | 1 Like Like |Link to Comment
  • Expect Gold Mining Stocks To Rally [View article]
    Yes, liquidity and volume drives the market. No one knows exactly when the mining stocks will breakout but we are getting closer by the day. They are already attractively priced. It is of course possible that they can get even cheaper if we run into another 2008 type of event. Buy on weakness but keep some dry powder to take advantage of opportunities…
    Nov 30, 2011. 12:29 PM | Likes Like |Link to Comment
  • How to Invest in Gold and Silver [View instapost]
    The companies listed in GDXJ are not a cash rich as some of the majors and I would not expect them to increase dividend payout by much. Most of the companies in this index do not pay a dividend. GDX on the other hand have been increasing their dividend payouts.
    Nov 17, 2011. 12:03 PM | Likes Like |Link to Comment
  • Expect Gold Mining Stocks To Rally [View article]
    I agree that we will see a decline in economic activity and belt tightening. However, I think this will trigger governments around the world to launch more QE programs which is inflationary. We already see this with the bailouts in Europe and continued low interest rates in the US, and as the economy continues to deteriorate there will be more and more calls for quantitative easing. I think that once the public realizes that gold will continue its ascent the gold shares will really start to take off.
    Nov 17, 2011. 12:15 AM | Likes Like |Link to Comment
  • The Outlook For Gold: Facts And Figures [View article]
    Yes, most debt instruments is some form of a derivative
    Nov 11, 2011. 12:33 PM | Likes Like |Link to Comment
  • The Outlook For Gold: Facts And Figures [View article]
    Fiat currencies can and do serve as money although it is far from ideal. Aristotle in the 4th century BCE defined the characteristics of a good money…

    • Durable: A good money should not fall apart in your pocket nor evaporate. It should be indestructible. This is why we don’t use fruit for money.
    • Divisible: A good money needs to be convertible into larger and smaller pieces without losing its value, to fit a transaction of any size. This is why we don’t use things like porcelain or pearls for money.
    • Consistent: A good money is something that always looks the same, so that it's easy to recognize, each piece should be identical to the next. This is why and oil painting is not good money.
    • Convenient: A good money contains a lot of value into a small package and is portable. This is why we don’t use water or oil for money.
    • Intrinsically valuable: A good money is something many people want or can use. This is imperative to money functioning as a means of exchange. There is always someone, somewhere that will take gold in exchange for something else of value. This is why we don’t, shouldn’t use paper for money.
    Nov 11, 2011. 12:10 PM | Likes Like |Link to Comment
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