streetTRACKS Gold Shares (GLD)

All Comments on GLD

  • commenter
    invictusP27
    Jul 18 11:17 AM
    The Best Safe-Haven Investments, and Some Potential Threats [view article]
    Wow, as a fairly new reader of SeekingAlpha I'm sensing a lot of pent up hostility and aggression amongst more than a few readers. I for one enjoy Mark's articles and always have additional things I research whenever I finish reading them. I think there needs to be an agreement that we don't all come to SeekingAlpha to look for the right answer, rather we come here to share information in search of the right questions to ask. And yes, I am long PAL. Reply
  • commenter
    ajhough
    Jul 18 10:01 AM
    Wall Street Breakfast: Must-Know News [view article]
    The rich are different from you and me! Reply
  • commenter
    Melancholy
    Korean
    Jul 18 09:54 AM
    My Website
    Historic Financial Collapse Underway? [view article]
    If you want to play the bankruptcy game and buy puts, let's see, the 10 delta put in FNM for September expiry, the 5 strike, looks like it's trading for .80 cents, which works out to an implied vol of 230. It's low delta, not much gamma to trade, even if the stock's realized vol the last few days has been up at crazy levels. It's more of a binary option on the equity going to zero, ok, I get that, so maybe you don't care the break-even is 4.20, but do you really want to gamble on the timing like this?

    The only bankruptcy that buying puts outright is good for is the personal kind. If you want to gamble, go to Vegas. It's a hell of a lot more fun.     Reply
  • commenter
    Jimmy
    Lathrop
    Jul 18 09:46 AM
    My Website
    Friday Outlook: Commodities, Emerging Markets [view article]
    Another outstanding article. Thank you very much. Reply
  • commenter
    sharksm
    Jul 18 09:07 AM
    My Website
    Wall Street Breakfast: Must-Know News [view article]
    How come foreigners can keep assets here and not be taxed on interest, capital gains, estates etc., but American's who do the same overseas are criminals? I guess we are against illegal immigration unless they are rich! Reply
  • commenter
    Right in
    San
    Francisco
    Jul 18 09:03 AM
    My Website
    Wall Street Breakfast: Must-Know News [view article]
    An interesting juxtaposition of articles:
    1. New rules against naked short selling by traders who are trying to bring down Fannie Mae and Freddie Mac, and with them the entire home mortgage industry in the name of creative destruction, er. profit.
    2. One of the great Swiss banks has been helping US clients illegally avoid some $17 billion in taxes. I'm not sure what the UBS PR office has to say, other than that they will stop taking such clients in the US.
    There are a few changes that we can believe in.     Reply
  • commenter
    bocacassidy
    Jul 18 08:49 AM
    Gold to Replicate Oil's Parabolic Move; 30-yr Treasury Yields to Soar [view article]
    Truthbehold may be a student of Josef Goebbels !.
    Well packaged fantasy will sell better than fact , if it is what the audience prefers to believe .     Reply
  • commenter
    bocacassidy
    Jul 18 08:45 AM
    Gold to Replicate Oil's Parabolic Move; 30-yr Treasury Yields to Soar [view article]
    The "Bakken" formation (Williston basin ) ...MT & ND has been recently ballyhooed to contain 500 billion barrels of recoverable crude ...
    Is this by any remote stretch a fact...or rather an orchestrated propaganda ploy to."scare down" the price of oil" ?
    It appears that Josef Goebbels ...or his Ghost....is alive and well !     Reply
  • commenter
    calvino
    Jul 18 08:44 AM
    Friday Outlook: Commodities, Emerging Markets [view article]
    Thanks. Reply
  • commenter
    buyitcheap
    Jul 18 08:42 AM
    Historic Financial Collapse Underway? [view article]
    Gary - your thought is correct. this is a bounce in the midst of a bear trend. you'll be able to buy ever cheaper puts until the GSE's nosedive again.

    As to which scenarios play out - I truly hope it's the first, but given the cowardice of politicians and the constituencies, we'll wind up with 2.     Reply
  • commenter
    Gary Lucido
    Jul 18 08:27 AM
    My Website
    Historic Financial Collapse Underway? [view article]
    I completely agree with everything you say. What I don't understand is why the GSE's stock is going up right now. I've been buying puts. Reply
  • commenter
    infolode
    Jul 18 07:54 AM
    The Best Safe-Haven Investments, and Some Potential Threats [view article]
    This guy's annoying but he's right and soon to be very wealthy too. Make no mistake, platinum and palladium are going to go ballistic. Reply
  • commenter
    Mark Anthony
    Jul 18 06:15 AM
    My Website
    The Best Safe-Haven Investments, and Some Potential Threats [view article]
    Jay:

    I have noticed the news story on the so called silver catalyst converter the first day it came out, and immediate did a lot of research on it and identified and contacted a US researcher doing the silver catalyst converter research. I must say that such research attempt has been going for for several decades so it's nothing new.

    I raised the question that silver reacts with sulphur and the exhaust gas from vehicles are full of sulphur dioxide, air pollutant that causes acid rains. So how could silver work?

    The researcher admitted that indeed silver reacts with sulphur. Their solution is use two silver based devices. The first one try to capture as much sulphur content as possible, and it gets saturated in time so it needs frequent replacement or replenishment. The second silver based component acts as the actual catalyst converter, in an environment with relatively less sulphur.

    Such a solution will never become practical on road vehicles. Imagine you need to serve your car and replace your catalyst converter every two weeks, versus the PGM catalyst converter that works care-free for years. As a matter of fact, two days after the initial silver catalyst converter report, Mitsui issued a statement clarify that the invention was intended for construction and farm machines, NOT for road vehicles. And it will not become commercially available until year 2012, if ever. Construction and farm machiens are relatively fix and do not move around a lot. So frequent replacement of the component might be easier. But I do not see the point of cost saving if it is so troublesome.

    Please also read Platinum Today's response on the silver catalyst converter claim:
    www.platinum.matthey.c...

    I hope that answers your question.
    Reply
  • commenter
    Jay
    Linnstrom
    Jul 18 03:44 AM
    The Best Safe-Haven Investments, and Some Potential Threats [view article]
    Platinum price may be affected by this news from Japan:


    Mitsui Mining new autocatalyst uses silver, not platinum
    Wed Apr 23 07:47:18 UTC 2008
    TOKYO, April 23 (Reuters)

    - Mitsui Mining and Smelting Co Ltd said on
    Wednesday it has developed a new catalyst for diesel engine cars that replaces the use of platinum with silver, a less conventional but much cheaper metal.

    "Silver will totally replace platinum in this new autocatalyst that we've developed," a company spokesman said.
    By substituting platinum with silver, the cost of precious metals in the production of autocatalysts, which clean car exhaust fumes, would be cut by more than 90 percent, the company said.


    www.edrsilver.com/i/pd...
     Reply
  • commenter
    Kunst
    Jul 18 02:09 AM
    Gold to Replicate Oil's Parabolic Move; 30-yr Treasury Yields to Soar [view article]
    Sooner or later, the US is going to have to get by on a whole lot less than 25% of the world's oil production. A lot less.

    And yes, truthbetold is an idiot. Oh well.     Reply
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