Financial Select Sector SPDR (XLF)

All Comments on XLF

  • commenter
    Alexander77
    Jul 22 01:24 AM
    The Oil Bubble Will Meet the Same Fate as Tech, Housing [view article]
    Oil as a finite resource has to increase since there is decrease in its availability all over the world especially the light crude, we still have strong reserves of heavy crude which are readily available in the Canadian Sands in Canada or the Orinoco Belt in Venezuela but the cost of extracting that oil is way higher that the light one. The Chinese market is also consuming more oil so there are merits to high oil prices. This author should take a look the analysis and statistics that have been already done, this article is just wishful thinking like Calvin said. Reply
  • commenter
    Alexander77
    Jul 22 01:24 AM
    The Oil Bubble Will Meet the Same Fate as Tech, Housing [view article]
    Oil as a finite resource has to increase since there is decrease in its availability all over the world especially the light crude, we still have strong reserves of heavy crude which are readily available in the Canadian Sands in Canada or the Orinoco Belt in Venezuela but the cost of extracting that oil is way higher that the light one. The Chinese market is also consuming more oil so there are merits to high oil prices. This author should take a look the analysis and statistics that have been already done, this article is just wishful thinking like Calvin said. Reply
  • commenter
    gregor
    Jul 22 12:20 AM
    Historic Financial Collapse Underway? [view article]
    While the markets are bad your scenario takes into account that all mortgages would fail.. If that would really happen even uncle sam could not help any longer.. I think a scenario whereby 10% of all loans would fail is already bleak and should be taken to calculate the impact on the financial industry...
    Reply
  • commenter
    Threshold!!!
    Jul 21 08:38 PM
    Historic Financial Collapse Underway? [view article]
    Great article. Stacking Silver Maples and have beat all equity markets since the commodities cycle began shortly after the 2001 crash. Buying on the dips and holding through the peaks. I find the valleys are much easier to call than the peaks, especially as the mania escalates.

    Also agree with many of the comments, which are obviously from students of world history. If you are scared that big brother will confiscate your physical bullion perhaps you should buy super cheap producing junior mining shares and have the certificates sent to you as Jim Sinclair has suggested.

    Regarding real estate I think foreclosures will escalate more than the depression. Seeing as the majority of an American's net worth is tied up in real estate equity, the resulting crash in prices (as explained by the author of article) will devastate the majority of the middle class and eliminate plan c second mortgage option to pay off first mortgage and plasma tv etc credit card bill.

    A purge is near, excesses will cleansed and wealth will be transferred once again to the smart/fast money. Let's hope you're fast enough!     Reply
  • commenter
    Threshold!!!
    Jul 21 08:17 PM
    Historic Financial Collapse Underway? [view article]
    Richard Neva,

    Perhaps you should watch this video below (parts 1-3)

    Here is your comment:

    "Buy gold and silver, hmmmm. That fell with a thud on my hard of hearing ears. I am so far in debt I can't buy food! My car sits in the driveway, I can't leave home. I am supposed to buy gold and silver? I sold two gold wedding bands from my failed relationships for a hundred worthless dollars and that was good. Give me break, give me a Marxist Revolution will you please and dump this demonic capitalism we seem tied too. It has proven worldwide to be a failure!"


    video.google.ca/videop...     Reply
  • commenter
    The Old
    Wizard
    Jul 21 06:26 PM
    Historic Financial Collapse Underway? [view article]
    Many of the gloom and doom scenarios come from many of our mass media outlets. CNBC has been sounding the alarm over Freddie Mac and Fannie Mae, day in and day out. More than once has an anchor or a regular staffer talked with convinction about the real potential of these two organizations going belly up or needing a gigantic Gov. bailout. It would seem to me that responsible reporting of the above facts. should be a prerequisite for anyone on this very widely viewed channel. Everyone should know that if there is a run on any banking or mortgage company by depositors/investors that the institution could go under. Why are main media outlets' reporting fueling the kind of speculation that will encourage such runs? Reply
  • commenter
    Rokjok777
    Jul 21 05:36 PM
    Historic Financial Collapse Underway? [view article]
    My favorite quote was by a Saudi oil minister: "remember, the Stone Age didn't end because they ran out of stones..."
    So the oil age will not end because oil is all used up and goes to $300/500/1000 per barrel.
    Prices above $100 make all sorts of alternatives economical, and once we transition to cheaper energy we can resume our growth curve....     Reply
  • commenter
    Calvin C.
    Jul 21 03:33 PM
    Historic Financial Collapse Underway? [view article]
    Me. Stanberry,
    I urge you to send this article in letter form to every senator & congressmen with scenario #1 in highlight. I will copy this article & do the same. I encourage every reader to do so as well. We need this ASAP!     Reply
  • commenter
    Calvin C.
    Jul 21 03:25 PM
    The Oil Bubble Will Meet the Same Fate as Tech, Housing [view article]
    That's just wishful thinking. Reply
  • commenter
    buyitcheap
    Jul 21 02:21 PM
    Why I Bought Financials (Despite the Mess) [view article]
    Liquid, appreciate the input, last I had looked prior to the post, it looked like it was airlines that led by the largest percentage over the last week, not financials, hence the post. Funny that I get the same uncomfortable twinge from considering putting money in airlines as banks lately.

    I liked the front page of your website btw, and would invite you also to share any interesting strategies or approaches that are working for you.

    Reply
  • commenter
    JAD9000
    Jul 21 01:53 PM
    The Oil Bubble Will Meet the Same Fate as Tech, Housing [view article]
    Independent of the current price of oil, the fear of irrational pricing of it will continue to drive alternative energy forward. The die is cast and companies and governments simply will not stake the future on a product that is largely produced by the most erratic and unstable areas of the world. The price of oil let the genie out of the bottle and now getting "off the oil standard" will continue to fuel wind, solar and other green, renewable energy sources for decades to come. Reply
  • commenter
    iThinkBig
    Jul 21 12:45 PM
    My Website
    Historic Financial Collapse Underway? [view article]
    1) Corrupt chronie capatalism government and banking, intertwined. Regina's comments of frustration are correct about bankers. As my grandmother told me (who lived through the Great Depression) 'Bankers love foreclosures'. As my 92 year old neighbor just told me the other day 'I lived through the last depression and I will live through this one!'.
    2) Nations are opportunists. It appears certain, there was and is coordination between major players such as Russia, China and the GCC. The objective is wealth transfer and the method was using Islam. Bin Laden was a client of our CIA. We channeled weapons and supplies through many of his Mujahadeen contacts in 1989. This drained the Soviet's in Afghanistan to practical collapse, it took a decade longer for there nation to be more or less completely insolvent.

    The USA has been drained in Afghanistan and Iraq. Call it Soviet payback using the same methodology. Our government has become to caught up in themselves to see it. Bin Laden nothing is nothing more then client of China through the Taliban. Russia and China have strategic relationship announced to counter Bush/Clinton 'New World Order' and announced such publically in 1994. These are facts, not conspiracy.
    3) The USA must vastly create it's own energy supply. We will successfully do this, but first the corruptors of the supply chain in Washington of housing, energy, agriculture and defense must go. To do this, a private fund must be created outside the DNC or RNC. If private equity investors want a long-term return on America, we must invest in such a fund and get people in office that are educated yet see making $130,000 as solid income. Officials entering office are already bought and paid for by lobbyists of either the RNC or DNC. Why would existing seven figure people want to take a job for $130k?!? We know the answer and now we know the remedy for Washington. If we fail to do this, the 60 million armed in this nation will attempt to force change the Boston Tea Party way. Not good for anybody in this nation at this point.
    4) America will always be here, but like the Soviets, our nation may be called something else in a decade.
    5) Form social groups in your neighborhood now. We all certainly must help one another and we did this. You would be surprised at the gifts of luxuries one has (fresh blueberries in my yard and neighbor has a great bottle of Scotch we drink up together!). Also, people DID get rich in the Great Depression, bright people meeting once a week figure much out in a short time and pool resources to launch businesses in necessities people will still buy.
    6) June 2007 I calculated deflation to 80% over a four year period. That is a depression. Someone else noticed that the POWER has shifted from West to East. Your are correct sir! The West will regain the advantage for a short time, but keep in mind: We are indeed at the End of Ages. What does this mean? It means we are at one last point in history where the last great friction or world war shall occur to reach global concensus. 10,000 years of history from tribes warring to creating cities, to city-state wars, to countries being formed to blocks of countries warring such as WWI and WWII. Now, down to West and East. Each progression has brought longer periods of peace, but each struggle gotten bigger and bigger. Such will be the case of this last struggle.
    7) Russia and GCC will be the temporary world monetary anchor when the U.S. dollar collapses. That this anchor is hostile in general to the West is no surprise to anyone and nor should it be a surprise if this anchor forces that 'mark of the beast' scenerio. I have a deep relationship with God. Keep two things in mind: One, mankind has free will, God is not some monarch that just waits around to punish the wicked and bless the good. Two, divine intervention occurs so we make it past the final war without completely annihalating all of manking. However, expect man to do almost all of the heavy lifting, good vs. evil.
    8) After this final war, 1,000 years of peace with technology accelerating so we A) Beat death in the physical form. B) Evolve into energy, with our consciesness being able to be replicated, inserted into a proton and beamed hundreds of times the speed of light in exploration of the universe and back in the same second it was projected. So on one hand, yes it will get bad but keep in mind, the Speakeasy generation in the Roaring Twenties (much like our current culture of corrupt politicians, central bankers and partying citizens) became the Greatest Generation by 1946.

    Live in faith, not in fear. We are all destined to meet our death in this generation because we don't yet have the technology to beat it. Therefore, this is the most exciting yet dangerous time in history. Your decendants will be calling us in the USA the second Greatest Generation. There is always a dawn after the dark night!!!! God bless you all!     Reply
  • commenter
    oldgoldbug
    Jul 21 11:44 AM
    Selling the Short Sellers Short: Another Sign of Trouble [view article]
    Naked shorts are similar to the "bear raids" back in the day which were a major cause of the 1929 Crash along with 10% leverage. So here we are again 80 years later with the same problem, only now it is 95% and more leverage. It is incredible that any of these banks on the wrong side are still standing....or are they? It all comes down to greed and Wall Street is insatiable. Bend the rules, break the rules, repeal the rules - none of it matters if they can make a buck and it doesn't matter to them who gets hurt. Reply
  • commenter
    contrariwise
    Jul 21 09:52 AM
    Selling the Short Sellers Short: Another Sign of Trouble [view article]
    How about posting a copy of/link to the speech? I can't comment on what I haven't seen. Reply
  • commenter
    notsosmart
    Jul 21 09:45 AM
    My Website
    Scarlett O'Hara, Doris Day and Financial Market Tumult [view article]
    conservative socialism is here.it will continue as in this country anything goes without accountability as long as the "tide lifts all boats".can anyone name one person of influence who could have stopped this @ dj14,000(when i bailed).now all the responsible parties are playing musical chairs with the available jobs & the same thing will happen again in about 10 yrs. or so.nothing was learned or done by the s&L fiasco(in fact one of the keating 5 is a presidential candidate.there is just greed& lack of ethics & no leadership for this country.how do you reelect most of congress & then give them a 9% approval?of course its important to know yesterdays sports results while drinking "belgium" beer. Reply
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