Petrobras Energia Participaciones S.A. (PZE)

All Comments on PZE

  • commenter
    Norman
    Lepoff, M.D.
    Aug 07 10:03 AM
    They Wanted to Sell Financials - Fast Money Recap (8/6/08) [view article]
    These people are starting to look like Cramer every day. This is a bad sign, in my opinion. Reply
  • commenter
    kkin365
    Aug 07 09:27 AM
    My Website
    They Wanted to Sell Financials - Fast Money Recap (8/6/08) [view article]
    Excellent summary. Minor suggestion: eliminate unnecesary introductory phraseology to streamline presentation, allowing readers to spend less time reading this valuable service. Reply
  • commenter
    A
    midwestern
    neighbor
    Aug 06 04:32 PM
    Stagflation and Peak Oil: How Related Are They? (Part II) [view article]
    I've got a better one: given the lack or morals and restraint shown by a population that has a very much decreasing level of self-restraint, coupled with inflation and economic downturn...crime is going up. You think it's bad now?? Just wait until we have $200/barrel oil and $5 per loaf of bread. I'm investing in SWHC & RGR - we're all gonna need some protection!! Reply
  • commenter
    Umm, yeah
    Aug 01 04:42 PM
    Stagflation and Peak Oil: How Related Are They? (Part II) [view article]
    Larry - I thought that the basic correlations are:

    Wages and Inflation correlate. Also, wages and home prices correlate. Therefore, your statement about Inflation and Home Prices correlating makes sense at first glance.

    However, in the most recent housing bubble, home prices far outgained wages due to much easier obtained credit. And we are in the process of home prices deflating back towards wages.

    So the Inflation we've been experiencing, mostly from high commodity increases, has not seen a corresponding increase in wages, and furthermore, there has been a deflationary effect in housing. I question whether it makes sense to put down a highly leveraged 'bet' on real estate or not.     Reply
  • commenter
    Jmar11
    Aug 01 03:20 PM
    Stagflation and Peak Oil: How Related Are They? (Part II) [view article]
    Wow guys. Great article and great discussion. Larry- I like Oil Producers, especially DVN too. I did some research on them and though they went down a lot in July, DVN is close to a bottom and represents a buying opportunty. Here's a pretty good analysis of nat gas producers: www.greenfaucet.com/tr....
    The other recommends SWN, RRC, NFX, and HK so that opens up a few more opportunities for people looking to follow that route.     Reply
  • commenter
    Larry
    Bellehumeur
    Jul 29 08:55 PM
    Stagflation and Peak Oil: How Related Are They? (Part II) [view article]
    Skeedaddy -- Point well taken on ag stocks. I probably left them out since I was dumb enough to dump Potash after doubling my money at $120. Probably too painful for me to dig up!!


     Reply
  • commenter
    skeedaddy1
    Jul 29 12:38 AM
    Stagflation and Peak Oil: How Related Are They? (Part II) [view article]
    Larry you didn't make one mention of anything agricultural related; not seed producers, fertilizer producers or anything of the sort. Does not the need to feed the people come into play at all during times like this? I think you left out an important element, meanwhile you tout Intel and Coke who can pass on the price increase. I enjoyed the article, but think you spelled out the obvious. Reply
  • commenter
    oiler1930
    Jul 29 12:22 AM
    Stagflation and Peak Oil: How Related Are They? (Part II) [view article]
    The article and comments address some of my own worries. Not mentioned above is finding a shelter for liquid funds when banks are hosting the vultures they let loose with excessive lending, too low capitalization, and making excessive loans to poor risks. I have set up an account with Treasury Direct Investment (go to Treasury.us and select TDI). I am currently pushing money in excess of FDIC limits of $100,000 into T-bills, and building up a rolling inventory of same, so there will be weekly rollovers. This does not give any long term rates, more like 2%, but for safe parking, it works; also, there are no fees imposed at this time, no brokers etc.

    In addition to the two plays for oil, futures and equity ownership, there is a third, to buy your own leases or to invest with honest operators, who may still be in the majority. There are almost as many scams in the oil mining sector (it really is a mining activity) as there are in gold mining. I live in the Illinois basin, and raise 3/1,000,000ths of the daily refinery input nationally. It is a lot of fun when you learn the business; it has taken me 15+ years to get here.

    I think that the housing uproar has a long way to go before prices, in real terms, rise. Suburbanization has made major commuters of most of us; in the 1930's, factory hands lived close to their work, and walked it both ways. In my time, I have car-pooled to work, and did not feel the need to be able to come and go as I pleased. When I rode a bus to work, I would wait in the morning and calculate the percentage of cars passing with more than one head showing; scores were one to three people.

    Ownership of gold is attractive now, as it was in the 1920's; acquiring bullion is a nice idea, but about 1934, Americans were required to surrender all their gold, while for silver, that went out the same way around 1965. As compensation, we were allowed to own gold and silver as bullion or as coins.

    What are the chances of confiscation again?

    The thermodynamic comments were of interest. A variation on the three laws, 1) You can't win; 2) you can't break even; and 3) you can't get out of the game. When applied to wind and solar energy, both are ephemeral; solar weakens substantially at sunset, and weakens under dense cloud cover, requiring rechargeable batteries, while wind does not blow steadily. I have priced both sources, and currently cannot justify investing in either for the production of power at currently prevailing prices for electricity.     Reply
  • commenter
    Larry
    Bellehumeur
    Jul 28 02:46 PM
    Stagflation and Peak Oil: How Related Are They? (Part II) [view article]
    Forgot to add....

    One risky, but with good upside, way to play Alternative Energy is Hanwei Energy (HE - Toronto). They have great exposure to both current fuel sources (material/piping used in Pipelines) and future sources (Wind Turbines and others). They also are a safe way to play Asia/Russia, as they do all of their work in those areas, but follow Canadian Accounting practices.

    As a disclosure, this is about 12% of my portfolio now. Risky, but I think this one could be a 2-3 bagger in a couple of years from here.     Reply
  • commenter
    Larry
    Bellehumeur
    Jul 28 02:35 PM
    Stagflation and Peak Oil: How Related Are They? (Part II) [view article]
    Nova -- Not a dime, actually. Take a look at what has always done well in the past times when there was high inflation. Real Estate has always kept pace with inflation.....will it this time? Don't know, don't have a crystal ball, but it does make sense to own hard assets in the time of desperation. I don't think we will see Hyperinflation, as the Fed will prevent that......

    GMiki -- Nothing wrong with small-caps. My personal preference is large-caps in downtimes. Look at how many small caps become extremely volatile. When it looks like we are going to start to come out of this, small caps will absolutely destroy large caps, no doubt. Until then, might be kind of risky, at least for me.

    I'm not one to chase Alternative energy, but this is the way of the future. I think it may be better to play technologies that have a place today. I like Wind, Nuclear and Solar, but there aren't a lot of safer ways to play this. GE is about as safe as you get, and even they have gotten killed (although that is more to do with their Financial exposure).

    Keep the comments coming! I have thick skin....=)     Reply
  • commenter
    GMiki
    Jul 28 11:25 AM
    Stagflation and Peak Oil: How Related Are They? (Part II) [view article]
    All your stock picks are big cap. I'd suggest trying a few microcap gold, energy, and uranium stocks.

    For alternate energy, I'd try... oh, wait, my wind power stock went to nothing. Never mind. But my geothermal stock... oh wait, it went into bankruptcy and the reorganization cheated the stock holders out of everything.     Reply
  • commenter
    nova
    Jul 28 09:47 AM
    My Website
    Stagflation and Peak Oil: How Related Are They? (Part II) [view article]
    Real Estate? Larry, how much did they pay you for this nonsense.

    Finally, there will be no Stagflation. Hyperinflation leading to a depression is more likely.     Reply
  • commenter
    oldman
    Jul 28 08:36 AM
    Stagflation and Peak Oil: How Related Are They? (Part II) [view article]
    Tips vs Money Market over the next 6 months to 1 year in a tax free account. Which will do best, considering rising interest rates? Reply
  • commenter
    drooyrich
    Jul 28 07:27 AM
    Stagflation and Peak Oil: How Related Are They? (Part II) [view article]
    Johngonole, NO NO NO - it is not a matter of price - your sentence regarding alternatives "So first oil prices will go higher then they will become viable" is wrong - this as I said is the common reasoning of economists - but it is not a matter of price but of EROEI ! It is thermodynamics and these is not free lunch - what to do to get out of the mess we have all put ourselves because of our lack to reacognize the issue? Ban pick up trucks today, force people to use smaller cars, electrify our cities with public transportation, invest in railroad, invest in nuclear technology immediately, invest in coal - we need a marshal plan and MAYBE we will come out without much pain - otherwise, think doom and gloom, our society will come to an abrupt end in less than a second - Reply
  • commenter
    drooyrich
    Jul 28 03:28 AM
    Stagflation and Peak Oil: How Related Are They? (Part II) [view article]
    Johngonole, NO NO NO - you see, your sentence " first oil prices will go higher then they will become viable" refering to alternative energies is exactly the wrong argument that economists are refering to - only if EROEI is positive then the alternative technology is viable and makes sense economically in the long run - otherwise you are just throwing away your money ! Please re-read the example of the apple tree ! Reply
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