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Interesting Times
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I could put on this bio my education, work experience, investment strategy, and a nice thin (if I can find one) picture of me in a suit looking *smart*. Sorry but that's not my intent here. Sure I invest, help family make financial decisions, and make a ton of mistakes along the way. But my time... More
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Interesting Times For All Commodities And Investments!! CHAPTER 4......
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  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » 8.31 AM !!!

     

    (Phone is ringing..)

     

    BEN: (GROGGY) Hello ?
    JANET: Ben , it's Janet, did you see the jobs number this morning ?BTW. I have the "IT FIB" listening to all of this !!
    BEN: Uh sorry, I slept in late. Was at a P Diddy party last night. Had some goo stuff, Is that *IT FIB* part of NSA ? Any way what happened ?
    JANET: The number was ONLY a 113k in January !
    BEN: That high ?
    JANET. That high? Are you high?
    BEN: Might still be. I see elephants in the room..
    JANET: What do I do now, you left me a mess .
    BEN: look at the bright side, You have a job, I have a job, neither of us have to use OCARE,
    JANET: Enough, you left me with a chain around my neck.
    BEN: I HOPE it is made of gold !
    JANET : Why ?
    BEN: Never mind., I m still learning about gold ,Doug's book is helping a lot..!! How did the markets react ?
    JANET: Futures dropped dramatically but as of now they are all IN the green. I just don't get it ..
    BEN: I guess blaming it on the polar vortex works huh ?Janet, I can use your advice .
    JANET: what ?
    BEN: Does a blue tie go with a yellow shirt, Want to look good for my first day on the job.
    JANET AND IT:... CLICK !!!
    BEN: HELLO????

     

    So what is really going on ?? Thoughts ???
    7 Feb, 12:00 PM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    Well Hello! Sailor...
    7 Feb, 12:02 PM Reply Like
  • CoinsK
    , contributor
    Comments (3496) | Send Message
     
    Very creative LOL !
    7 Feb, 06:37 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » <... if not for snow in January ( which has never happened before ) things would have been fine. >
    OMG, next thing we'll find out is it will be 115 degrees in Phoenix this June (that's never happened before either...lol)
    7 Feb, 08:02 PM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    The Weird Weather Ruined (CHK) hope's & Dreams and deferred .Is anyone doing anything about this ?
    7 Feb, 08:23 PM Reply Like
  • Doug Eberhardt
    , contributor
    Comments (2996) | Send Message
     
    IT...I did laugh out loud a few times on that one. VG my friend!

     

    Check out the charts I posted a link to below regarding what occurred during Bernanke's tenure. Pretty amazing.
    7 Feb, 09:20 PM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    DC,
    Did you buy more gal because honey comes sting.
    8 Feb, 04:52 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (948) | Send Message
     
    Thank you DeepValueLover for the chart off of your chapter 50 post

     

    http://seekingalpha.co...

     

    My initial reaction to the jobs numbers this am was that it didn't look good and we were in for a triple-digit drop again today.

     

    Not sure the source, but probably the FED. That LFPR is much better now than I would have expected. No wonder the market is up today.
    7 Feb, 01:07 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » OAG

     

    Could you explain LFPR most simply for us ? And it's impact ..

     

    Thanks !!

     

    So is the correction over in your opinion as well?
    7 Feb, 01:13 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (948) | Send Message
     
    IT,

     

    I'm glad you asked me to explaing LFPR. I THOUGHT I new what this was, but I am going to refer to Investopedia http://bit.ly/1bDnK3L
    for their explanation.

     

    First of all, this refers to the Labor Force Participation Rate. My (wrong) assumption was that this would refer to people that are actually working full time in the market, 35+ hours, weekly. Investopedia claims that this refers to people that are either actively employed, or ACTIVELY LOOKING for work...I smell more statistical manipulation coming on this!!

     

    I'm not sure how they accurately and statistically distinguish between the number of unemployed that are post eligible to receive unemployment benefits. The two sub-groups in this category would be 1-actively seeking employment, or 2-not seeking employment. I trust that the US Department of Labor has a good feel on what this number is so that they can accurately report this information.

     

    I wonder if the sharp increase in number of people on disability are considered as actively seeking employment under the LFPR? My guess would be that they are to help this number stay in the 12% range instead of some anti-government radical coming along trying to claim 23%+ "real" unemployment.

     

    Anyway, I guess I would expect more of the same "good news" on the near & mid-term employment/un-employment figures as we have today, which should be bullish for the markets.

     

    The correction is over!!
    7 Feb, 01:35 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » OAG

     

    I am glad you cleared that up because I often wonder how they know who is and who isn't looking for work..
    But I try not to use manipulation in my answers anymore..
    7 Feb, 01:42 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (948) | Send Message
     
    Manipulation can have such a negative connotation with many. It might be better to substitute this with the word, "manage". In context, this word sounds more soothing and means about the same...
    7 Feb, 01:45 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » Then why is the DOW, GOLD, and SILVER all up ??

     

    I thought that once the fear in the markets is gone gold would drop?

     

    Open to all!!
    7 Feb, 01:47 PM Reply Like
  • Ninja Trader
    , contributor
    Comments (910) | Send Message
     
    The correction is NOT over IMO. Lots of short covering today. I think we have another RED Monday coming. Gold could finally break through the $1,275 resistance on it's way to $1,300.

     

    Market might also be up because bad news is once again good news. Traders might be thinking that QE will be increased next month instead of tapered.

     

    Jobs number absolutely stunk! They're blaming it on the weather...a real chickensh*t excuse. I doubt that we hold these gains into the close.
    7 Feb, 01:53 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » NINJA

     

    Could be why gold and silver are still up !!

     

    Something doesn't add up...Good point >>>
    7 Feb, 02:01 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (948) | Send Message
     
    I tend to agree with Ninja. I believe the market is forecasting an end to tapering and probably additional QE off of this news.

     

    As for the up day for gold/silver, the dollar did plunge earlier today, likely from the jobs report. Dollar recovered most of its initial losses, and the pm's moved inverse to the dollar. Maybe some more paper gold was dumped earlier today to help curtail the bigger gold rally that started earlier today???
    7 Feb, 02:10 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » Gold has been creeping higher since noon.. though very small it is still heading north as I write this..

     

    Last hr should be interesting !! Always when the real players show up!
    7 Feb, 02:14 PM Reply Like
  • CWinn1970
    , contributor
    Comments (360) | Send Message
     
    Can you explain why there is going to be more QE? I'd be interested to hear an explanation for this?
    7 Feb, 09:50 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (948) | Send Message
     
    CWinn, The US continues to pursue policy that will increase spending and reduce revenues, thus higher deficit spending on top of the current $17.3 trillion + debt. The benchmark for financing this "new" debt is the 10-year Treasury Note. Current rate is 2.69%.

     

    QE-3 has been able to finance debt at artificially low interest rates on long-term Treasuries, and *MBS* Mortgage backed securities. The FED purchase of $85 billion, monthly, now, after its second taper announced last month, is now $65 billion monthly.

     

    Part of the explanation and justification for QE3 was to hold down interest rates to stimulate the economy which would add more jobs, and to increase inflation, or CPI, as they prefer to use. Arguably, QE3 has successfully artificially driven interest rates low that should stimulate the economy, and a housing recovery.

     

    Now with the tapering, one of the greater risks is a sharp rise of interest rates that would likely undo all of the positive activities that it has created over the past year as mortgage rates would climb, and interest rates for business loans would climb as well. We would likely see a sharp decline in housing and a reversal to the improving unemployment rates as the taper continues, and as interest rates rise along with this. This would also likely be very deflationary as well.

     

    So I would conclude that QE will resume and increase to not only attempt to stimulate economic activity as it was supposedly intended, but also now defensively to prevent higher interest rates and worse economic conditions from happening in areas that QE3 was supposed to stimulate and improve in the first place.

     

    Watch the 10-year Treasury note. Rising rates and greater than 3% = more QE.
    8 Feb, 12:54 PM Reply Like
  • CWinn1970
    , contributor
    Comments (360) | Send Message
     
    I guess what I'm having a hard time wrapping my head around is if the true reason for QE was to counter deflation, which I believe it did, why if interest rates were to rise, causing inflation, would the Fed begin pumping further liquidity into the economy? From what I understood most of this liquidity was held in reserves, not making it into the economy. Wasn't this one of the complaints about QE3? If so, how could ending the taper be worthwhile?
    9 Feb, 06:14 PM Reply Like
  • Tack
    , contributor
    Comments (13562) | Send Message
     
    CW:

     

    You're a little confused.

     

    Raising rates doesn't "cause" inflation. You have it backwards. Rates are raised if inflation increases, in order to quell inflation by reducing credit formation.

     

    The fed would only consider suspending tapering if they thought deflationary forces were gaining an upper hand, in which case rates would be falling. Suspension of tapering and/or increasing QE is theoretically inflationary, but only if the funds actually stay in the economy, not in excess reserves.
    9 Feb, 06:19 PM Reply Like
  • CWinn1970
    , contributor
    Comments (360) | Send Message
     
    T:

     

    Thanks for setting me straight. I was all backwards!
    9 Feb, 06:36 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (948) | Send Message
     
    I can see them starting to use LFPR more and more, as the unemployment number that is now currently used as a market guidance could fall out of favor. Sheeple eventually would love to hear them start to refer to the LFPR to guide the markets, rather than some distorted unemployment number.

     

    I think they just need to adjust some of the LFPR guidelines to include part-timers, people that are working for "cash". Possibly people employed in the illegal drug market should be included as well. Some may think that is absurd, but realize that these people are still working and earning an income, often a comfortable one at that. Stay at home moms (or Dads) & those on disability should be included in the LFPR as active, too. There are probably more people that should be included in this figure, and if they can update this definition to something usable, I could see this LFPR replacing the old non-farm unemployment figures that they have been using.

     

    That would be the best way to "manage" the reporting from the Department of Labor.
    7 Feb, 01:59 PM Reply Like
  • Ninja Trader
    , contributor
    Comments (910) | Send Message
     
    OAG,
    Agreed. They'll use whatever "manages" the unemployment number down.
    7 Feb, 02:42 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (948) | Send Message
     
    Employment numbers are slowly but steadily improving. Inflation is low. GDP is slowly but steadily improving. The housing market is recovering. Soon, everyone will have affordable health care. And, the stock market is starting its 6th year of a bull rally after a very strong year. And I thought the 80's & 90's were great times.

     

    I know who I'm voting for this November.
    7 Feb, 02:51 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » OAG

     

    Still have those Hillary 2016 shirts and glasses on sale !
    7 Feb, 03:09 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (948) | Send Message
     
    Hold on to those items IT. 2016 will be interesting. Hillary is going to have to beat Biden, and possibly Kerry, Christie, and don't count out John Edwards in the primary. If all goes well after the summer '16 convention, hit me up on the glasses and t-shirts.
    7 Feb, 03:14 PM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    (UIL) doing some hardening on shares holders,(PEG) took over Long Island from (ED).(NU) ? wild card.
    7 Feb, 02:56 PM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    It's the darn wood pile or i'd be in 11nth.
    7 Feb, 03:12 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » I copied this comment from Doug to this chapter.. Thought it was important !!

     

    Tack said, "Gold only moves higher on fear, nothing else."
    Not to hash this out like we always do Tack, but since you brought it up I would at least offer the following counter point for others to consider.
    Does gold = fear?
    or does gold = debt hedge?
    86% correlation shows it's the latter.
    http://bit.ly/1f2BBOK
    Up until 2011 it was. http://bit.ly/1l8y6LO
    This can only mean one of two things is occurring;
    1. Debt doesn't matter anymore and gold will flounder
    2. Gold price will catch up to correlation.
    (This argument that it will catch up to correlation is not related to the multitude of other reasons to own gold and is to be considered prmia facie).
    7 Feb, 06:22 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (948) | Send Message
     
    Fear can be a good catalyst to initiate a sharp upward movement for gold, but gold will catch up and track the debt level over time as it has.
    7 Feb, 08:36 PM Reply Like
  • Ninja Trader
    , contributor
    Comments (910) | Send Message
     
    I was wrong...no sell off the last hour. Strange that gold is also up. Silver barely moved. Must be emerging market money coming in.

     

    Monday may not be so RED after all. Blowing back through S&P 1,775 is definitely bullish. The $10,000 question is...Is gold trying to tell us something?
    7 Feb, 04:34 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » NINJA

     

    "Is gold trying to tell us something?"

     

    That is concerning me some as well.. I can't believe Janet will slow down the tapering ..So we might be out of the woods and time to buy on this dip.. I have started to nibble some..
    7 Feb, 04:36 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (948) | Send Message
     
    I've only been following the gold market and FED monetary situation for about a year and a half. During that time I've looked at a little bit of history and try to watch the daily activity and also read a lot of articles on SA and elsewhere on the subject. I think I've learned a little bit and I have a lot more to learn. I don't consider myself a gold bug, but perhaps I am be default.

     

    Right now, I am still convinced that the current gold market is managed by the FED and the large handful of banks that conduct transactions on the Comex. Over the past year and during the large decline in the gold price, I do not recall any of the larger day(s) that gold has declined that did not include enormous large quantities of contracts sold on the Comex at typically low trading volume points within the day, that effectively dropped the gold price within minutes.

     

    The FED is simply taking action that they feel is in their best interest to protect the dollar. Right now they do this because they can and at least in the short term, they cannot be stopped from doing this.

     

    This am, gold sharply jumped from around $1,256 to $1,272 around the time that the jobs report was released. Minutes later it dropped fairly quickly down to the $1,258 area, and then drifted upward the rest of the day. I would say that the FED stepped in this am to head off this rally, as they have been doing for some time now.

     

    I don't see gold dropping below the 2013 lows other than perhaps intra-day during 2014. I do think the FED targeted gold to hit a low point and a range above the level of significant mine closings due to sustaining mining costs exceeding the gold price. I don't think it would be in their (FED) best interest to drop it lower then they already have as this would start increasingly shutting down gold miners and draw down gold inventory more rapidly thus putting even more upward pressure on the gold price. I think they want to keep the price in this range and keep new supply coming online in to the market while they leverage what they can in the paper market.

     

    QE will be back sooner than later. They will try to keep the markets stable or positive through the midterm elections if they possibly can. I do agree with Doug that the FED will try to keep the 10-year below 3%. Tapering won't happen this year if it is above 3%, and will only happen when the rate stays comfortably below 3%.
    7 Feb, 08:26 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » OAG

     

    I have asked myself many times this same question over and over.
    Has the Comex been doing this for years and will/can they ever be stopped?

     

    *Managing* the commodities maybe can go in infinitely.. But for those who don't think this occurs haven't studied long and hard enough.

     

    I have come to the same conclusions you have. But how do you stop it? Can we stop it? Or is it going to continue forever. I have learned how to trade both (NUGT) and (DUST) by knowing where they want gold's price to be..

     

    I am accepting that we are cannot do anything until something unforeseen happens. Then the price might go parabolic with all the short covering that will happen. My studies continue with my jaw dropping daily.

     

    Maybe I have been fooled with their *managed* style..
    7 Feb, 08:44 PM Reply Like
  • CWinn1970
    , contributor
    Comments (360) | Send Message
     
    "I have started to nibble some..."

     

    I'm glad to see you've stepped back from the ledge a little. :-)
    7 Feb, 09:59 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » CWINN

     

    Was never on the ledge, although I was waiting for some sort of pull back to re enter.

     

    But I still have an issue with gold still going up. TACK said the at they usually go the opposite. Stocks up, gold down., and visa versa.

     

    Maybe next week I will feel more comfortable and put two toes in the water..
    7 Feb, 10:24 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (948) | Send Message
     
    I'm still in the camp that all of this will not be able to continue for much longer. Comex registered gold, which is the gold available to settle contracts only has about 1/4 of the total amount that actually left Comex registered gold in 2013, meaning that the worst it could do in 2014, is to drop only about 25% in volume compared to what it dropped in 2013. At that point there would be no inventory left in Comex registered gold.

     

    According to Eric Sprott, recently, 900 tons of gold came out of various gold ETF's in 2013.

     

    There does not appear to be enough physical gold available to either repeat the events of 2013, further, it will be interesting to see if they can even maintain this take down throughout 2014. I also still say that part of the FED's intent was to preserve mining production, not kill it, while trying to "scare" weak hands into to selling to provide more supply against high physical demand. Currently gold can not be driven any lower in price without having a serious impact in meeting the high physical demand for gold. If there is no gold in Comex, and it is unlikely that etf's will not liquidate any more without a falling price, where does the gold come from to supplement mining production and meet current demand?

     

    Change is coming soon, imo.
    8 Feb, 02:17 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » OAG

     

    If gold continues upward next week then I have a sneaky suspicion something is amiss. Either the market sell off isn't over or more investors will demand physical for their contracts instead of fiat money ..

     

    Should be interesting for sure..
    8 Feb, 02:23 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (948) | Send Message
     
    I am going to keep an eye on the 10-year treasury note rate and the direction that it takes. At the moment, I think that carries more weight on what will happen in the short to mid term. QE will hold, taper, or grow off of the action of this rate imo.

     

    I don't think it would be all that unusual to see the markets rise to new record levels this year, along with a drift upward for gold, while the dollar holds steady or rises as well. Strong QE will continue to be market bullish. Short term, I don't have a good guess on where the market goes. I would use the Avi strategy on the short term right now, in other words, it may go up or it may go down.
    8 Feb, 02:45 PM Reply Like
  • Eudaimonia
    , contributor
    Comments (674) | Send Message
     
    Putting on tinfoil hat
    9 Feb, 06:47 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (948) | Send Message
     
    Or drinking the cool-aid...
    9 Feb, 06:59 PM Reply Like
  • Doug Eberhardt
    , contributor
    Comments (2996) | Send Message
     
    I replied to you and Tack on the other thread thinking I was reading this one, lol.

     

    Here are my current thoughts:

     

    Stock market up. Gold has a little room to go higher left in it (jump back in NUGT now, especially if it breaks 40). Fed can keep tapering as long as 10 year under 3%.

     

    Longer term Fed can't save this system. Sure, they threw $6 trillion at it along with the $2.4 trillion from U.S. govt. after the last crisis, but one bank in Europe will screw it all up for everyone else (or Citibank here) making 2008 look like a walk in the park. My advice: enjoy the ride, insure for the worst, keep stops.
    7 Feb, 06:22 PM Reply Like
  • Ninja Trader
    , contributor
    Comments (910) | Send Message
     
    Thanks Doug. Your advice is highly regarded.
    7 Feb, 07:43 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » NINJA

     

    Time to join the challenge..??

     

    Tell em AL !!
    7 Feb, 07:54 PM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    Young people should be doing this,finance is important it is a womb to tomb experience and beyond.

     

    I do joke a bit but i am proud of all your professionalism.
    7 Feb, 08:32 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » AL

     

    Convince NINJA...It is fun!
    7 Feb, 08:45 PM Reply Like
  • Doug Eberhardt
    , contributor
    Comments (2996) | Send Message
     
    Thanks Ninja...

     

    Thought you all would like to see some graphics I am including in my book as to just how serious the 2008 Financial Crisis was. Yes, they even blew me away.

     

    http://bit.ly/1iyT7yi

     

    Amazing what $9.8 Trillion will do in stabilizing the economy!
    7 Feb, 09:17 PM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    Less red on the portfolio challenge,good to see.
    7 Feb, 06:33 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » AL

     

    Glad to see your in the green !! Now we have a few others to root for.. Were all on the same team..
    7 Feb, 08:46 PM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    The present state of(CHK) was revealed i don't think even archie or karl knew,i know to supply demand canadian gas was imported,pretty dumb.Wy understood.
    7 Feb, 09:06 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » MAN, I SHOULD HAVE 10 LIKES ON MY OPENING COMMENT...just wished my like button worked. I got an email stating they know of the issue.
    Now when does it get fixed ??
    7 Feb, 08:48 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3810) | Send Message
     
    I was surprised it got 2...

     

    j/k :)
    7 Feb, 08:51 PM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    Thumbs up IT & JohnB.
    7 Feb, 09:09 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » JBT

     

    Ouch !!
    7 Feb, 10:27 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3810) | Send Message
     
    I'm sorry, I'm a harsh critic. Being on a gold blog does that to me. ;)
    7 Feb, 10:41 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » JBT

     

    HA HA ...UP to 4 !!

     

    Must be those gold bugs you just woke up !!:)
    7 Feb, 10:53 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3810) | Send Message
     
    6 to go! :) Maybe they already liked it on one of the 17 other articles you pasted that to. ;)
    7 Feb, 11:06 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » JBT.

     

    A work of art needs to be seen my many. Now if they fixed the LIKE button I would have 15 !!

     

    Well LOMAHS got me zippo, WSB got me 4....So your a math teacher i need 3 to go ..hehe
    7 Feb, 11:09 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3810) | Send Message
     
    In theoretical physics, there's an infinite universe model. In such a model, you already have as many as you want.
    7 Feb, 11:12 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » Ok, you lost me !! But your an honest man so I will trust you on whatever you said !!
    7 Feb, 11:20 PM Reply Like
  • Tack
    , contributor
    Comments (13562) | Send Message
     
    Back from a long day away in Naples.

     

    Market closing above last resistance level of 1794 is a positive sign. Clearly, absent some new indications this market doesn't show any indication of wanting to decline 8-10%, as has been the case so many previous times..
    7 Feb, 09:23 PM Reply Like
  • Ninja Trader
    , contributor
    Comments (910) | Send Message
     
    Market hasn't seen a 10% correction since 2011. Leads me to believe that the next one is going to be a big one. Maybe we're in the early stages of it now?
    7 Feb, 09:50 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3810) | Send Message
     
    We're always one day closer to the next major market event, when you think about it.
    7 Feb, 09:53 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » T

     

    Once you find time can you look at gold and why it continues to go up when i thought it should do the opposite of stocks.. Does it just need a few days to settle down?
    7 Feb, 10:30 PM Reply Like
  • Tack
    , contributor
    Comments (13562) | Send Message
     
    IT:

     

    I'm not an avid analyst of gold in detail, but I'd suspect that there's still lingering nervousness, and it seemed due for a technical bounce, too. I wouldn't read too much into it.
    7 Feb, 10:48 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4345) | Send Message
     
    @Ninja
    That's the big $ question... It's going to settle at the crossing of earnings and reasonable valuations based on them. So that wouldn't point to a huge correction any time soon, it seems.
    8 Feb, 02:24 PM Reply Like
  • deercreekvols
    , contributor
    Comments (5714) | Send Message
     
    Good Evening,

     

    Lots of green today in my portfolios. I was surprised the payroll number didn't do any damage to the rally. Is this a rally?

     

    (LINE) back in favor. I was a buyer today. Trimmed a few speculative plays and rolled them into Linn.

     

    Gold on the rise. Are gold miners ready to benefit? Thoughts?

     

    Off to the portfolio page to dump (VIXY) and add (NKE).
    7 Feb, 10:52 PM Reply Like
  • WMARKW
    , contributor
    Comments (10454) | Send Message
     
    Are people focused on payroll or unemployment? I think unemployment. Although I think initial claims is non-meaningful in current environment (steady state). So, as long as unemployment is dropping, they think things are going well.
    9 Feb, 10:44 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » DEER

     

    Quite a few here have a % of their portfolio in the metals. I own physical from years ago...

     

    I think it still has some legs left. The numbers today weren't good. So lets see what next week brings.

     

    Doug, who posts here, is an Author/salesperson of the metals.. Great person to ask about gold..

     

    (NUGT) WAS STRONG today when I expected it to sell off, so maybe Monday it reverses or it is telling us something is up ..imo
    7 Feb, 11:13 PM Reply Like
  • John Wilson
    , contributor
    Comments (1358) | Send Message
     
    IT
    Gold watch:

     

    Looking at (GLD), the 50 day and 200 day MA are only about $6 from a "Golden Cross." However the 200 day MA is getting close to "flat-lining" or leveling off.
    http://yhoo.it/11zDOvS;range=6m;compare=;ind...

     

    If gold continues to rise and the 50 day ave approaches the 200 day, there will be anticipation of the Golden cross that may precipitate buying in advance of the event.
    It could be somewhat of a self-fulfilling event.

     

    Something to watch.

     

    You heard it here first.
    7 Feb, 11:47 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » JW

     

    Then make a prediction !!! Put your rep on the line..lol
    8 Feb, 01:26 AM Reply Like
  • CoinsK
    , contributor
    Comments (3496) | Send Message
     
    @ IT
    All of my predictions are 100% correct except when they pertain to the future.
    8 Feb, 03:05 PM Reply Like
  • John Wilson
    , contributor
    Comments (1358) | Send Message
     
    IT, Coins, Richonsilver, Dr Ken & anyone else AOG? who follows PMs:
    (please don't repeat this to those who have been disdaining the metals - keep this to ourselves)

     

    Here it is: Gold will have a short term pop or rally up to the 200 day ave area of 1305, then sell down short term on profit taking to the 1280 area 123 per (GLD).
    This short term jump will pull the 50 day average up close to the 200 day average probably in the first or second week of March. Then if the cash price holds around 1280 and is close to the 200 day ave, the traders, and hedge funds will be taking positions.

     

    When it becomes apparent that the 50 day ave is going to cross the 200 day ave, there will be buying in anticipation of the event, causing the event to happen. Then there will be proclamation of a new bull market.

     

    This will take place before or by spring.

     

    There, I have made my prediction and I will be trading it too.
    If there are other contributors lurking here you will probably see articles coming out later predicting this. LOL, (but half serious).

     

    http://bit.ly/1cQdbac
    8 Feb, 09:33 PM Reply Like
  • CoinsK
    , contributor
    Comments (3496) | Send Message
     
    Will the Sister (Silver) tag along as usual? It is usually more volatile than Gold .
    8 Feb, 10:54 PM Reply Like
  • John Wilson
    , contributor
    Comments (1358) | Send Message
     
    Coins
    It sure will. Its just that gold seems to be leading. Silver to me is a better value (gold to silver ratio) and is easier to buy. For the everyday person, silver is a no-brainer.
    8 Feb, 11:04 PM Reply Like
  • Doug Eberhardt
    , contributor
    Comments (2996) | Send Message
     
    My 2 cents is silver is showing that deflation is still in the drivers seat, which is justified by Mr. Copper's performance as well as a result of the data coming out of China primarily, but also other EM's. Baltic Dry Index crashing too. Look for a stronger dollar, stronger treasuries and lower gold and silver after this run up is concluded. That's what I'm telling my clients as I'm not having them buy this run up. My track record last year and calling an up January from my December articles wasn't so shabby. Doesn't mean I'm right, but at least I'm not afraid to say what I think (and not be accused of bias since I sell gold - unlike the Seeking Alpha editors who always accuse me of bias). http://bit.ly/KaF0D1
    9 Feb, 02:33 AM Reply Like
  • CoinsK
    , contributor
    Comments (3496) | Send Message
     
    Doug one of the Stock guys made a great statement recently,and yes it's a platitude but I like those sometimes LOL .He stated that stocks (And I insert PM's instead ) are the only investment that people buy less of when they go on sale.In light of that , I think every person has to determine how much they can afford to invest without going in debt. Gold & Silver are savings and saving money is a sacrifice. Some people have to sacrifice a lot to buy a little.That's one reason Silver is so right for some while Gold is right for others.I have people who save Silver for a year so they can trade it for 1 AGE or a 1 oz. Maple Leaf.I admire their diligence .To my thinking PM's are simply a safe haven at the very least ,and because of that they seem to be a threat to fiat money due to the fact that they offer people an alternative to paper or electronic investments.The govt. Keynesian debt based economy abhors alternatives apparently. Just some random thoughts from a small time Coin guy. Good to see you posting here again.Best Regards,
    9 Feb, 08:52 AM Reply Like
  • John Wilson
    , contributor
    Comments (1358) | Send Message
     
    Coins
    That is exactly my thinking on silver too. I have said something like that before too. Silver is on sale now, and it is easier to save with it. Its like the relationship between a a $1 bill and a $100 bill. If the only time you ever saved is when you had a $100 bill, to save with, you would probably never save. But you can easily save using $1 bills. (Gold to silver is about 62.5 :1) After you have saved 63 ounces of silver you can trade for one ounce of gold if you want to.

     

    If you accumulate too much silver, trade for some gold.

     

    My call on gold going up in March is short to intermediate term. I believe it will have a short term run. Then it will have to be evaluated as it approaches 140 to 150 per (GLD).

     

    I too would allow for some kind of deflationary event, maybe even like that which "Contrarianadvisor" speaks of. I am looking for a possible 7-14-28 years cycle coming into play this year. Contrarianadvisor was looking for an imminent deflationary bust. He was early, calling for it last year. "No statute of limitations on cycles" though. If you want see what I said about this cycle peak, you will have to search my comments in IT Blog one or two chapters back.
    9 Feb, 09:23 AM Reply Like
  • Doug Eberhardt
    , contributor
    Comments (2996) | Send Message
     
    Coins, yes, people should only put money that have to wrok for them in metals, not use leverage or debt. I get people all the time asking me about borrowing from a 401k or taking out a mortgage and I discourage it 1000%.

     

    As far as Keynes goes, our government followed him for awhile, but what most don't know about Keynes is he said the increase in spending should be "temporary" and not what Bush and Obama have done under Bernanke. Bush and Obama know nothing about economics and rely on the "experts" who are driving us into the ground as people fall under the "illusion" they still have wealth with their 401k's and IRA's and equity in their homes.

     

    John, personally I don't look at cycles (although mentioned them in my book) as anything can change the dynamic at any moment (government, Fed, banks, wars, derivatives, natural disaster) you name it. Of course some will try and say that even wars have cycles. Don't really care. Same with EW theory, which I use as a tool, but have mocked in articles in the past because of its flaws.

     

    What I do decipher is how the Fed has been and still is fighting deflation. I wrote about it in my book and am still sticking with this in my next book, although we will be coming to an end over the next few years (possibly sooner if the banking crisis I predict comes to fruition). Silver is acting as if there is deflation. Look at the 5 year chart. Look at copper's 5 year chart.

     

    The dollar is in an uptrend still since 2011 and still fighting to stay above 80 on the index. "If" the dollar moves higher like I think it will, gold and silver prices will come under additional pressure.

     

    The Fed is doing all they can to fight deflation. They don't care about gold. They care about interest rates. Despite all the M2 expansion (inflation of the money supply) and despite all the QE that has come forward, it has done nothing to really stimulate the economy except for the financial system. Banks are hoarding their money from the Fed. The Fed is saving a little credibility with 2 rounds of taper but now we have emerging markets somewhat imploding. They go to dollars mostly, not gold. They still view the dollar as a safe haven mostly because they don't have easy access to gold.

     

    I know because I have had people from Argentina, for example, call me and ask me how to buy gold in large sums. They said U.S. dollars are going for a 30% premium to the peso in the black market. So signs of inflation are creeping up in other places but worldwide economic activity is deflationary. Look at the Baltic Dry Index. Look at the 5 year chart of the CRY. China's lowest PMI in 2.5 years.

     

    Contrarian and I agree on pretty much everything except for how quickly gold will rebound. I do agree silver is on sale now but it also could be on sale at lower prices too. In a 5 years or more this conversation is irrelevant. Does it really matter whether you bought silver at $20 or $16 if its price is north of $30, $50, $70? The hardest question will be, "when to sell."

     

    9 Feb, 12:42 PM Reply Like
  • CoinsK
    , contributor
    Comments (3496) | Send Message
     
    Some good points Doug. I see where your thinking is based on the economics and the bigger picture. Me .I'm just good at playing small ball,but it's a good strategy in most situations. I also read your articles from your link,especially your point about people getting suckered into paying too much for Bullion with Goldline ,Monex,Swiss America etc.
    I have bought collections that people have purchased from Investment rarities ,Monex etc. and their "Buyback Program" is a farce and a joke at best. I have always paid more than they do,and they use that as a big reason for people to spend (Overspend) with them. You really are taking on the schoolyard bully when you go against them. Thanks for your efforts.I speak to 2 or 3 groups a year about this type of thing,explaining "Leverage buying" and why it's a really bad idea. Also about going with companies just because they advertise with conservative and Patriot radio stations. I used to work at a radio station that played a lot of ads aimed at patriot groups. They are not trying to do business with conservatives because they are altruistic. ,that's a fact of life.
    9 Feb, 02:33 PM Reply Like
  • Doug Eberhardt
    , contributor
    Comments (2996) | Send Message
     
    Spot on Coins! You got it all right. And yes, I have and will continue to take them on. I met with the Santa Monica attorneys a couple times and was instrumental in them getting $4.5 million from Goldline. I have another article I am preparing on their latest tactics. Not enough time in the day though, but good analsyis my friend! Especially about the media side of it. They go after conservatives big time! Regarding leverage, look at Monex's rating from BBB. It's an "F" because their sales people push people into leverage products and when the prices fall, they lose it all potentially. I'm surprised I haven't heard more negative press about them. Tulving of late has had some huge issues on delivery and I even mentioned them in my book (updated version won't, lol).

     

    You're last sentence says it all. Sean Hannity, Glenn Beck, they are all in it for the money. A NY Times reporter that interviewed me told me that Goldline has a shrine built for Glenn Beck at their headquarters in Santa Monica. Naturally.
    9 Feb, 02:42 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » DOUG

     

    In a 5 years or more this conversation is irrelevant. Does it really matter whether you bought silver at $20 or $16 if its price is north of $30, $50, $70? The hardest question will be, "when to sell."

     

    I have heard this for 3 years now, yet silver keeps dropping. Why in 5 years will it be at elevated levels.. I am not convinced yet .

     

    Convince me !!
    9 Feb, 04:20 PM Reply Like
  • Doug Eberhardt
    , contributor
    Comments (2996) | Send Message
     
    IT, awesome question and appreciate you playing devil's advocate.

     

    You haven't heard that from me....until now. That's because I know we are closer to the bottom and I don't have a problem saying it. But I also said we will probably break to a lower low.

     

    I write the following as justification, but don't want to get into a 6 day long back and forth (I'm looking at you F&G and Tack, haha) as I know we won't convince each other. I write the following for people to judge for themselves based on the data presented. If someone wants to refute the data, I'm all ears.

     

    Unlike most "gold bugs," I have said the Fed is relevant. Wrote this in an article in 2008. http://bit.ly/1gjsZWa This is what the Peter Schiff and Lew Rockwell perma-bull crowd miss. I'm a perma-gold-bull long term too, but can see the relevance of what's going on with Fed and Congress action and what it is doing to perception.

     

    I haven't changed my mind on much of what I wrote about the Fed in 2008....but we are closer to the point of no return. Is that 6 months, 1 year, 2 years, or what? Don't think anyone can tell you, but up until last year, gold has told you as it was up every single year for the last 12. Silver is a little different animal. The gold/silver ratio tells you to buy silver over gold today though and I first wrote that in January of 2013 in an article about the ratio.

     

    I don't have to convince you about the future price of gold or silver IT as I am pretty sure you are long term bullish. Others need to convince me that the government will stop raising the debt ceiling and the Fed's balance sheet will be unloaded at a profit.

     

    Gold and silver are simply insurance against that not likely occurring.

     

    You will also notice that the dollar bottomed 3 years ago. But somehow this year and next more likely I will be dollar bullish and gold bullish. How can that be? It's in Chapter 4 of my book I wrote in 2010. Did I send you a copy? Let me know. I'll be updating that book after finishing the current one.

     

    One last thing. Look at the Fed balance sheet from 2005. http://bit.ly/MCYv8n

     

    Now compare that to today. (I'm purposefully not putting the charts I have here as I don't want anyone else to use them in an article who might be reading this, but suffice to say, most everyone knows the two are night and day apart.

     

    But it's not the Fed as much as other connected players in Europe, Japan, B of E and even China that will cause things to unravel. The deflation/inflation debate changes on a dime when one of the big banks cracks up. I'm doing the research to let people know where this will occur and what Central Banks will do to counter it. But how many reasons does one need to own gold and silver as insurance? People buy insurance for cars and never get in an accident. They buy homeowners insurance but their house never burns down. What a waste of money, right? But what makes anyone who thinks that the same people who didn't see 2008 coming (the Fed and Congress - along with ECB, Bank of England, Bank of Japan), will see the next crisis coming? And how will they combat it when they have played all their cards in the last crisis? http://bit.ly/1iyT7yi

     

    What has a greater odds of occurring, a problem with the financial systems in the world that can affect us here (or caused by us) or a fire to one's home?

     

    I don't care who it is or what they say on the bullish stock side, it's irrelevant to me (although I wrote that I am presently bullish). But I do have some charts that will blow people away. I subscribed to a service (over $1,000 a year) and am utilizing many of them.

     

    Not sure if you are convinced IT, but I know I am. And I'm negative on gold till we get that blow off bottom. I have the right to change my mind once my further research is concluded and presented in my next book. I'll then leave it to the reader to decide. But when I change my mind, I will be the most bullish person on gold you will find. I actually hope it is later not sooner. Still have one more book I want to get out next year and update my first book.

     

    Back to work. Going to disappear again for awhile. Timing may be important the more I read.

     

    Good luck!
    9 Feb, 06:01 PM Reply Like
  • CWinn1970
    , contributor
    Comments (360) | Send Message
     
    IT...to expand on your statement, if silver goes to $70, wouldn't this indicate a complete collapse in the market/economy. If this was to occur, who will be there to purchase the PM's? I would think things more tangible, such as food, etc would prevail? Excuse me for my ignorance if I'm completely missing something here.
    9 Feb, 06:02 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » CWINN

     

    Those that believe silver will go to $70 expect food, homes, etc will be in a hyper inflationary environment..

     

    Not sure if were setting up for that just yet . I just see more of a deflationary scenario right now. But to correct that does the FED go overboard?

     

    That is the argument I hear. Not saying I believe it !
    9 Feb, 08:03 PM Reply Like
  • CWinn1970
    , contributor
    Comments (360) | Send Message
     
    Thanks for the response IT...PM's are completely foreign to me.
    10 Feb, 11:11 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » CWINN

     

    I might add silver in $70 dollar range might become the current price one day as well. It is an industrial commodity as well..

     

    Gold still trending north concerns me.
    10 Feb, 12:16 PM Reply Like
  • Doug Eberhardt
    , contributor
    Comments (2996) | Send Message
     
    IT, can't say I agree with observation in your first sentence. I expect silver to go to $70 at some point, but there is no way I think we will be in hyperinflation at that price. Not even close to hyperinflation.

     

    "If" we were to enter hyperinflation, the dollar price of silver would rise much, much higher. But I'm not in the hyperinflation camp. I could be and make a convincing story for it (and make a lot more money), but as you know, I write what I believe. We're not Zimbabwe here.
    10 Feb, 12:36 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » DOUG

     

    Not saying I agree with it either. I was just stating what I read here on SA..

     

    I bought my physical years ago not expecting any hyper inflation causing the price going there. We were at $40 and might have been in an deflationary environment..

     

    Gotta get back to fixing up my bunker..:)
    10 Feb, 12:41 PM Reply Like
  • Doug Eberhardt
    , contributor
    Comments (2996) | Send Message
     
    IT, unfortunately the way you wrote that first sentence clumped us all together so your intent was missed. I have to separate myself from the bunker/hyperinflation crowd.

     

    SA finally posted my article on mutual funds and hedge funds. Then they stick a ticker symbol on it that had nothing to do with the article that only 125 people follow and nothing to do with what I recommended in the article.

     

    I document all their nonsense.
    10 Feb, 01:05 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » DOUG

     

    My writing proves I am no author :)
    10 Feb, 01:09 PM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    IT,

     

    You don't have to prove anything Bro,Straight ahead !
    10 Feb, 01:11 PM Reply Like
  • Doug Eberhardt
    , contributor
    Comments (2996) | Send Message
     
    What you are good at has nothing to do with writing IT. You stir the conversation. What many are not good at after that is their replies turn personal or their ego's get in the way.

     

    I push the limit of that ego, and I do it on purpose, but most always end up on a good note. I think there was one girl Curls where I did not, but I didn't want to get into something non-investment related as I'm not ready for that book to come out till probably beginning of next year and need to spend my time on this one.

     

    Keep up the good work! Stir the pot!
    10 Feb, 01:12 PM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    Good morning,it's the weekend and we are about half way through winter and morning comes quicker and the sun sets later,
    July 1st isn't really that far away.
    8 Feb, 07:40 AM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    DC,
    (GALE) is heading north again That's a very competitive field.
    maybe we should lay the base with UTS they do perform in a defensive and strong resistance and shield,that's the transition i made from the energy producer's and the uts are coming to the seasonal head then the shoulder the air conditioning season ! the piggy bank season.
    Besides at this point the retailers will do better with natural gas.
    8 Feb, 08:11 AM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    DC,

     

    (GALE) (NVAX) ((ARRY) (BIOD) (PLX) (RIGL) (SNTA) -
    JPM"S picks (ITMN) (NPSP) (PIX)

     

    split um even and roll.
    8 Feb, 01:06 PM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    Correction the last one is (PLX) not PIX.
    8 Feb, 01:10 PM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    If not you could always go with the horsemen.
    8 Feb, 04:54 PM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    Is it going to stay green Monday,go into defense or all red my guys bought equal to their gains Friday after closing as a profit taking block all except ed.
    8 Feb, 05:06 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » AL

     

    Wanna by me a new car ??? They are on sale !!
    8 Feb, 08:47 PM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    Thanks for the tip ,what are the best deals and do the take physical.
    8 Feb, 09:00 PM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    With all that wood burning guidance is tight stamps went up and we didn't even get net #'s yet plus affects of new insurance is still to be determined,Gas is a problem...
    8 Feb, 09:06 PM Reply Like
  • nocnurzfred
    , contributor
    Comments (554) | Send Message
     
    What a fun read guys. Being the simple sort I am, will stick with silver over gold for the simple reason that I believe 60 ounces of silver can appreciate a dollar or 10 per ounce more easily than 1 ounce of gold can appreciate $60 or 600.
    8 Feb, 07:24 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » The Big Three look to incentives to clear dealer lots !!! Uh oh.. Yep it was the cold !!

     

    Though the pricing trend in the auto industry has been strong, there are some storm clouds gathering: The Big Three (F, GM, FIATY) all ended January with over 100 days supply of vehicles.

     

    General Motors is in the process of boosting discounts in the full-size pickup segment in an effort to clear inventory off of dealer lots.

     

    A generous President's Day sale run by GM aims to boost demand for the 2014 Chevrolet Sierra and 2014 GMC Sierra

     

    Ford and Chrysler have also been pushing the incentives lever harder, but still trail GM's average incentive per vehicle.
    Channel checks indicate February traffic at dealerships is a bit light. Mother Nature might have something to do with that.

     

    Lets see how February turns out !!
    8 Feb, 08:45 PM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    The Month of Metamorphosis &amp; MEME.
    8 Feb, 08:49 PM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    I ain't throwing no mo salt,i'm done,good morning.
    9 Feb, 06:26 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » AL

     

    Morning, in Orange County NY, You CANNOT find any salt ( that special kind ) . That does not eat away at the concrete..

     

    Forget the name, but wife has been trying to find it for her father. EVERY bran of store does not have it. Nor do many expect any deliveries. If they do get one it is gone in hours..

     

    Glad it's the responsibility of the condo's vendor. Being their Treasurer he gets paid handsomely for the snow removal, sanding, salting, and shoveling.

     

    Gotta love waking up to 2 degrees out ! Goes right to you bones!
    9 Feb, 08:15 AM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    "IN BRICKS $$" seriously.

     

    IT,AZ...
    9 Feb, 08:39 AM Reply Like
  • CWinn1970
    , contributor
    Comments (360) | Send Message
     
    IT, there won't be any salt in the Carolina's either. Unless it turns into an epic fail, all the stations are calling for a massive storm to hit Tuesday. One Met has tweeted kids could be out of school Tue-Fri.

     

    And it was about 70 today and I was walking around in a T-shirt and shorts!
    9 Feb, 06:31 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » CWINN

     

    As i type this were getting another 1 to 3 inches...That salt shortage is no joke for homeowners.. It's not rock salt, although many are buying that and using it anyway.

     

    It is called something else...Since I don't have to buy it the name escapes me. Like I said my future son in law can't even get the stuff that commercial companies use. It is sold to the state, then the municipalities first.

     

    THEN the private guys get it.. Have to tell you i was in LOWES the other day and watching people fight over the last pallet they had was scary..

     

    No one expected this type of winter and I live in upstate NY !!

     

    Those that manufacture it either got caught with their pants down or are so lean staff wise that they guessed wrong on how much to have on hand.. You would think if they made too much they can just keep it for the next year.

     

    Not so sure why we have a shortage...But if it does make it to the store it is gone within hours. Some chains say they are already done for the season and were only in the beginning of February.

     

    Schools are getting close to running out of their snow days too!
    9 Feb, 08:16 PM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    Calcium Chloride or Magnesium Chloride.
    9 Feb, 08:31 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » AL

     

    Thank you..CC is the one with the shortage...But maybe the other one does as well??
    9 Feb, 08:34 PM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    Stuff destroys leather gloves and shoes,shrinks them and turns them hard.
    9 Feb, 08:36 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3810) | Send Message
     
    Much like you can't find baseball gloves at WalMart in July... Retail is done with winter, and is gearing up for spring. I used to do the ordering for a Home Depot. Always had to be careful with the salt. You order too much and get a mild winter, you're stuck with it. My boss would have frowned upon having two or three 48-ft trailers worth of salt sitting in the garden overheads for a year...
    There's never a shortage of salt (or ice melting products). I could order a convoy of the stuff whenever I wanted. The lost sales are an acceptable cost of business, considering the carrying costs if you go overboard.
    9 Feb, 08:41 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » JBT

     

    Their is a shortage now. At least where i live. My future son in law was told he can travel about 7 hours to get it.. I mean a dump truck load..!!!

     

    No place closer has it. But what I don't get it this is a normal winter for us. We have had leaner snowy years. But we do get snow most years. So not sure where the problem lies..

     

    This was predicted for us as well...Colder and snowy !!
    9 Feb, 09:06 PM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    Always been like that some guys never run out,preferential.

     

    Tone says we're thinking to much again.
    9 Feb, 09:11 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3810) | Send Message
     
    Blame those who place the orders... Like I said, I had to order the stuff by the trailer load (24 skids minimum, couldn't get a half-truck). Auto-replenish in many locations may be going by past year's sales number and under ordering. I would have been hard pressed to order 480 bags of ice melt just because of a snow storm or two.

     

    I dunno what your particular location's problem is, but there's no shortage of the product... There never has been, and never will be.
    9 Feb, 09:13 PM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    I've seen the bucket loader turn guys away tell me to wait and then load me up.
    9 Feb, 09:18 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » JBT

     

    Could be. The stores say they HOPE to be getting more. I mean all the biggies.
    Wal Mart
    Lowes
    Home Depot
    Sams Club

     

    I have no clue about the product, but I do know where not talking gold or silver here:)
    9 Feb, 09:19 PM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    Even if you can get it you start to skimp on the sander conveyers and mix $$$ you are going to be working guys,iceing.
    9 Feb, 09:22 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3810) | Send Message
     
    It's refreshing. Too much metal buggery happening here lately.

     

    Was just giving an opinion based in experience as to why retail may be short on the salts. It was never a pleasant thing to get stuck with.
    9 Feb, 09:23 PM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    It's not to different than NG.The big Bosses used to tell me "Gold Brick's " and smile.
    9 Feb, 09:25 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » JBT

     

    Great to hear from someone who knows!!
    9 Feb, 10:04 PM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    Revenue growth guidance is King in this Market,a penny saved and invested is a penny earned.
    9 Feb, 07:38 AM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    I went through the check out line at the grocery and the cashier held the penny up to make sure it was real.
    9 Feb, 07:55 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » DOES GOLD ONLY TRADE ON FEAR ???
    9 Feb, 08:51 AM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    No,it is still back up to any currency and to much volatility with it is not good,it is still represents the stability and stength of a currency and should be managed as such.
    9 Feb, 09:08 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » BDC'S......I have an author who later today will explain what they are and answer questions about them..

     

    So be on the look out as I know quite a few are new to them. Including me !!
    9 Feb, 09:51 AM Reply Like
  • CoinsK
    , contributor
    Comments (3496) | Send Message
     
    "I went through the check out line at the grocery and the cashier held the penny up to make sure it was real."

     

    With GMO's in the food ,we should hold the food up to see if it's real :)
    9 Feb, 09:05 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » Coins

     

    Interesting point ! I like that ....
    9 Feb, 09:10 AM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    During War Times saw dust is used to make Bread "Bring it on" !
    9 Feb, 09:15 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » If (NUGT) has some legs this week I think the correction isn't over..

     

    Thoughts ?
    9 Feb, 09:24 AM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    (*** ***) it's taper correlative.
    9 Feb, 10:05 AM Reply Like
  • John Wilson
    , contributor
    Comments (1358) | Send Message
     
    All

     

    I commented on a Robert Wagner gold bashing article here- direct link to comment:

     

    http://seekingalpha.co...
    9 Feb, 10:58 AM Reply Like
  • CoinsK
    , contributor
    Comments (3496) | Send Message
     
    Yea John,
    Robert's a 1 trick pony IMHO.I left a few comments over there also.
    9 Feb, 02:36 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » COINS

     

    MY LIKE BUTTON WORKED !!! HOOORAYYY....
    9 Feb, 04:06 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » JW

     

    I dropped a comment in as well..
    9 Feb, 04:08 PM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    Thank you HAL.
    9 Feb, 07:49 PM Reply Like
  • deercreekvols
    , contributor
    Comments (5714) | Send Message
     
    Anyone watching the Olympics?

     

    Norway leading the medal count, from what I see. Still haven't figured out what day it is in Sochi so I don't know if results are from Saturday, Sunday, or Monday.

     

    Going to spend some time looking at gold and silver stocks today. Miners too. Any names that are peaking interest with folks? (AUY)? ETFs?
    9 Feb, 11:03 AM Reply Like
  • Tack
    , contributor
    Comments (13562) | Send Message
     
    deer:

     

    Please do not engender discussion of the Olympics here in SA. It's one of the few web sites one can visit and not get a "spoiler" on results that won't be televised until later.

     

    Thanks.
    9 Feb, 11:23 AM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    DC,
    I will look for those Gold miners symbols i have them somewhere.
    9 Feb, 11:29 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » DEER

     

    Now if you want to give me the winner of the third race at Yonkers tomorrow night that would be fine...

     

    (GDX) (GDXJ)....or physical !! I have a small % in them.
    9 Feb, 11:33 AM Reply Like
  • deercreekvols
    , contributor
    Comments (5714) | Send Message
     
    The winner of the third race at Yonkers will be....

     

    Corzine's Ghost
    9 Feb, 01:05 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (948) | Send Message
     
    Fox Valley Lena...
    9 Feb, 01:17 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » *IT FIB* completes the trifecta ??
    9 Feb, 04:06 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » JW

     

    I added a comment as well

     

    That author once tried to post here but was asked so many different questions he never came back...Funny how some do that !
    9 Feb, 11:09 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » T

     

    You made this comment in another blog. Could you expand on what is a preferred and floating investment ?

     

    "Some preferred-stock and floating-rate funds to consider while you're shopping for individual names:
    (JPC)
    (JPS)
    (SDIV)
    (PFL)
    (PHD)

     

    Thanks!!
    9 Feb, 11:51 AM Reply Like
  • Tack
    , contributor
    Comments (13562) | Send Message
     
    The first three funds invest in preferred stocks. The first two are closed-end funds that can be researched at http://bit.ly/o4ngfR.

     

    The last two funds hold a high proportion of floating-rate instruments, protecting them against any sizable increase in interest rates. they, too, at at the above site.
    9 Feb, 12:04 PM Reply Like
  • deercreekvols
    , contributor
    Comments (5714) | Send Message
     
    Tack,

     

    I will refrain from any Olympic updates and discussion. I am only interested in the feral dogs running through events and the final medal count. Biathlon could get interesting.

     

    My apologies and have a great day.
    9 Feb, 01:00 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » SPOILER ALERT**********

     

    Seattle wins the Super Bowl !!
    9 Feb, 04:14 PM Reply Like
  • nocnurzfred
    , contributor
    Comments (554) | Send Message
     
    What other events leave the competitors lying on the ground/snow/ice, after finishing, like cross country sking events? They pant like they are dying. Or, is that a part of the program? Me thinks not. Every other event leaves them smiling or crying. Champions all!!!!!!
    9 Feb, 07:31 PM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    I love feral Dogs too !
    9 Feb, 01:02 PM Reply Like
  • indianamark
    , contributor
    Comments (2094) | Send Message
     
    The greatest financial coup of our lifetime has been pulled off by J P Morgan. ( Buying 150 million ounces of gold while dropping the price $350.) Yes, the same J P Morgan that Professor William Black, former regulator and expert in white collar crime, said, "J P Morgan's frauds are epic in scale, unprecedented in world history."
    Our friendly banker went from hugely short in gold to a long corner of the market. At the same time they have accumulated a large position in physical silver. ( Other banks are covering their shorts on the Comex as fast as they can. Last Friday's C. O. T. Report showed they drew in 6,000 spec shorts. Whenever they happens they cover 6,000 short contracts.)
    One year ago the Fed defaulted when it failed to deliver Germany's gold. They eventually delivered FIVE tons in 2013. ( China imported 100 tons in Dec. alone.)
    It would seem that we are in the end game. Precious metals doubled in '08 -'09 and doubled again in '10-'11. We are set up to have that happen again.
    9 Feb, 03:06 PM Reply Like
  • Doug Eberhardt
    , contributor
    Comments (2996) | Send Message
     
    indianamark, have to remember one thing though. JP Morgan is not just in the "small in relative size" gold and silver game. They have much more riding on their other derivatives where we all know something will implode (London Whale will pale in comparison). I personally think they are capable of whipsawing and trying to make a profit in a much easier market to move; gold and silver, and do what they can to make a buck before defaulting on some of the $1.8 Trillion of sub-investment grade derivatives they have coming due in the next 5 years. Of course they have already unloaded about a Trillion on Citigroup. Would love to know how much the Fed is involved in this. Of course that will never happen. And it's not manipulation to speak about this for them. It's just business as usual. Bottom line: expect volatility in the metals and expect to see some black swans lurking.
    9 Feb, 03:20 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » GUYS

     

    My concern being new to this, can they keep manipulating forever ? Or is there a day of reckoning possibly coming?

     

    It seems that the naked mid night shorts keep happening regularly without any penalty . No one seems to care >

     

    So one can assume this will never end.. Am I mistaken?
    9 Feb, 04:04 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (948) | Send Message
     
    IT, Another nice article from Dave Kranzler & Paul Craig Roberts, http://bit.ly/1lkZmqH

     

    More discussion in this article of the Thursday 2/6 am gold take down, and S&P sharp simultaneous rise last week. And toward the end of their article they address the question of how long can this go on. Their answer: dunno.

     

    I still think when Comex is low on gold, and gold ETF's are no longer dumping physical, (both appear to be happening) the end of aggressive gold price management by the FED is coming close to the end.
    9 Feb, 04:19 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » OAG
    That is my fear. I might have figured out what SHOULD happen...Doesn't mean it WILL happen...
    So how do you invest then ? Humm

     

    "Readers have asked if gold can continue to be shorted on the Comex once no gold is left for delivery. From what we have seen–the fixing of the LIBOR rate, the London gold price, foreign exchange rates, the price of bonds and the manipulation of gold and stock market futures prices–we don’t know what the limit is to the ability of the Fed, the Treasury, the Plunge Protection Team, the Exchange Stabilization Fund, and the banks to manipulate the markets."
    9 Feb, 04:38 PM Reply Like
  • CoinsK
    , contributor
    Comments (3496) | Send Message
     
    Here's something worth looking at concerning JPM and the Metals .
    http://bit.ly/1lkCvvb
    9 Feb, 05:25 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (948) | Send Message
     
    It looks like JPM is long both silver and gold now and is ready for the next move upward. JPM still shorts the pm's on the Comex in part to its own benefit.
    9 Feb, 05:53 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (948) | Send Message
     
    Unless there is any proof of overall sustaining costs to mine gold should drop below the $1,200 level, and a big factor there would be a sharp drop in oil, (I don't see that happening), I don't see an incentive for those managing the gold price to drop it any lower than what we have recently seen.

     

    Physical demand remains strong. I see only upside to owning physical as an investment and DD on the better performing miners should also be a very good investment from this point forward.
    9 Feb, 06:02 PM Reply Like
  • Doug Eberhardt
    , contributor
    Comments (2996) | Send Message
     
    You forgot the energy market price fixing too IT! But have you noticed that they aren't convicting?

     

    LIBOR: not guilty. (if you haven't read this Rolling Stone article by Matt Taibbi, it's a good one) http://rol.st/M33vmD

     

    http://rol.st/M33vmD

     

    Energy whistleblower: no evidence of wrong doing.

     

    http://bit.ly/M33vmH
    9 Feb, 06:08 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » I agree

     

    No jail time for anyone. Some are just sacrificial lambs. Or banks getting fines that are just slaps on the wrist !
    9 Feb, 08:20 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » COINS

     

    Interesting on the silver accumulation!!!
    9 Feb, 05:35 PM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    Doesn't always work for them either.
    9 Feb, 05:43 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (948) | Send Message
     
    Ben Bernanke and Janet Yellen claim to not understand gold. Volcker and Greenspan seemed to have a pretty strong understanding and opinion of gold and its impact on the monetary system. Greenspan is even on record supporting a return to a gold standard.

     

    Interesting comments from Paul Volcker with regards to gold. http://bit.ly/1gcPrRP
    9 Feb, 05:51 PM Reply Like
  • CoinsK
    , contributor
    Comments (3496) | Send Message
     
    On another thread someone is pontificating again about a commodity that they know very little about how it is traded ,bought ,and sold.
    Here's a comment by them " As far as gold,, in my view its an oversold bounce , can it go further ? sure,, can one play the upside move that many expect -- ? sure ..
    The overall picture reveals this ----gold was down 30% last year ,and now a 5% bounce is being greeted by the gold crowd here on SA (not saying you are one of them) that all is right with the metal.. Hardly the case .. Its simply hope ..
    It's a blip, , just like the 5% dip we just saw in the equity market.
    Nothing more /nothing less and doesn't change the macro trends in place - Equities Up , Gold down - as part of the secular Bull theme in place.
    If one wants to take it one step further and projects a 15% or so correction for the market and a 15% rally in Gold that would take the price to 1380 -1400... but it certainly would leave Gold in the same bear market it finds itself in.. and nothing would change in the equity bull trend.. although many will cry that "its over" .
    IMO, If gold were to trade to that level it would be an opportunity to get out of dodge. It could well be the last chance before the next leg down.. 
    can this bounce go further ? sure,, can one play the upside move that many expect -- ? sure ..
    I will continue to go with my belief that the environment that gold will find itself in will be negative and so will the price over time.
    Gold may now finally break thru that descending trend line . I can't tell u the reason , nor apply any fundamental measure . For me Gold is pure speculation on others emotions.. .
    As Warren Buffet once said , "when a person buys gold , he simply HOPES that the next person is more fearful than him"
    IMO, A "head and shoulders" pattern for the market at this time is premature , for the record i do see a decent correction in 2014 , so I am aware of what may occur .. It would be healthy and set the base for the next leg up ..
    at these levels caution is warranted-- after all , last year the equity market was up 30% .. anyone thinking the S & P can't give some back is a fool."

     

    MY REPLY : I see a real lack of understanding concerning the Precious metals on SA.
    Remember W. Buffet once said that "when the tide goes out ,you will see whose been swimming naked'. And it will not be the owners of PM's .
    9 Feb, 06:37 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » COINS

     

    Funny how one says they don't understand the metals yet has plenty to say about it.. I have seen plenty of posts from people who should rather ask what is going on instead of predicting..

     

    If you don't understand it that's enough for me to hear. The rest of anyone's comment is pure speculation.. I am trying to learn when I post a question. Would rather here..i dunno !!

     

    Be it stocks, bonds, corrections, PM'S, etc ...
    9 Feb, 08:27 PM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    IT,
    You are right about the control of Gold.It does seem like we are in some kind of race and we are not sure how it's going to end.

     

    I think the Captain has a point about inflation and deflation at this point ?
    and so goes Gold at the surface,right now Guidance is King.
    9 Feb, 06:38 PM Reply Like
  • CoinsK
    , contributor
    Comments (3496) | Send Message
     
    Just for the record in 2008 Stocks dropped more than 1/2 (Dow from 14,000 to 7000 ) Meaning ,50% of the value of retirements in 401k's and IRA's were lost forever in 2008 to 50% of it's previous year high of 14K. Those people that were near retirement NEVER got their money back,and were forced to continue working or retiring with 1/2 of what they were planning to. This happened in a matter of a couple months. Gold & Silver did very well in the same time period.And it allowed the people that were prudent to use their PM's (MONEY) to buy a real estate market and many other investments at a HUGE discount. So even if you only lost 30% in 2008 you had to make a gain of 43% in order to reach the break even point again. About how many straight months were people pushing their investments UP the Hill just to get back to the 2007 plateau ?
    9 Feb, 06:54 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » COINS

     

    I also see plenty who post they are selling some profits now for the eventual pullback. That to me is day trading . But then those posters claim they are long term holders...

     

    Timing the markets is a day trader..imo

     

    I scratch my head when I read those >>>
    9 Feb, 08:39 PM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    No pride left in this market only survival and pack mentality.
    9 Feb, 08:44 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » we all should be pulling for one another. The Govt could care less !!
    9 Feb, 08:46 PM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    They love the Lie.
    9 Feb, 08:48 PM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    Who does it serve to hurt each other?
    9 Feb, 09:00 PM Reply Like
  • deercreekvols
    , contributor
    Comments (5714) | Send Message
     
    I wanted to talk college basketball, but don't want to spoil it for t-vo recorders in the crowd...(I am kidding, of course)

     

    Snowy day in western NY. Plowed the driveway/road twice. Weather forecast folks didn't call this one...

     

    Have a great evening.

     

    Now about Norway's medal count.....(to be continued)
    9 Feb, 08:02 PM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    DC,
    Good evening.
    9 Feb, 08:04 PM Reply Like
  • deercreekvols
    , contributor
    Comments (5714) | Send Message
     
    al roman,

     

    Under Armour (UA) or Nike (NKE)?

     

    Any thoughts on either?

     

    Catch you on WSB or here in the A.M.
    9 Feb, 08:13 PM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    I still have to get those miners i can't the list O.K (UA) (NKE)

     

    DC,also consider at least as a defensive swing the 4 i have right now only if they temporarily go down,quicker turn overs would probably does us well in this format,Guidance is King (MCD) (CPB) (WMT) always have a cash flow.
    9 Feb, 08:21 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » DEER

     

    I think we need to head to the Bahamas....

     

    Meanwhile getting a *warning* letter from my utility company letting me know they are going to stick it to me next month is bothersome too !

     

    Using my fireplace this year more then I ever dreamed of using it ! At least I have a contact for wood !
    9 Feb, 08:42 PM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    UA & NKE are up i did not look at their highs and lows.
    9 Feb, 08:25 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11503) | Send Message
     
    Author’s reply » MOVING ON..MONDAY'S ACTION !!

     

    http://seekingalpha.co...
    9 Feb, 10:09 PM Reply Like
  • Tony Pow
    , contributor
    Comments (6036) | Send Message
     
    I have chapter in my book Debunk the Myths in Investing on commodities.

     

    There are two ways to look at gold: fundamental and technical.

     

    For technical, you can divide it into two: trending or bottoming/peaking.
    11 Feb, 12:15 PM Reply Like
  • al roman
    , contributor
    Comments (6750) | Send Message
     
    Tone,

     

    Good to see you,doing the challenge !
    11 Feb, 12:25 PM Reply Like
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