What The GDP Report Says About Gold [View article]
Remember that the "gold" market is just mostly another paper market. The demand for physical Gold, as opposed to paper gold, has never been stronger. With central banks worldwide who have a trades surplus buying as much physical bullion as they can, starting with China. By the way, why does it take until 2020, for the U.S. to give back only 20% of Germany physical gold held in America. If you own gold make sure you can put your hands on it, otherwise you just own a line on a computer. The whole game is rigged! Check out http://www.gata.org
Thank you Boog. Despite Selling all my AGNC share (as well as CYS and NLY shares), I am not trying to "bad mouth" these REITs but simply state a fact. CYS, with the same business model as AGNC is down big time. I was intending to keep buying many more of these stocks until Bernanke decided on QE3. I was a convinced LONG. I think the risks have become too high today and it is better to get out even with a small profit than take those risks. Should I be wrong I am certain there will be new entry points soon enough.
I just sold my 400 shares of AGNC today at 32.33. I benefitted from 6 months of dividend purchasing the stock at 30.- I do encourage everybody holding REIT's with the same model to sell!
Sony (SNE -7.5%) ADRs take a hit after the Japanese conglomerate reported its fourth straight annual loss overnight. The company also noted, without significant impact however, that it expects swing to profit in FY12. [View news story]
I see no reason today to hold on to Sony shares. My recommendation on SNE would be a strong sell.
EMC is reportedly in talks to acquire XtremIO, an Israeli developer of high-end storage arrays relying on flash memory, for $400M-$450M. It's also claimed NetApp (NTAP) and others have talked with XtremIO, which competes with fast-growing Violin Memory. XtremIO would fill a hole in EMC's line: the company has rolled out server flash modules, but has only announced plans to offer arrays built specifically with flash in mind. [View news story]
EMC is ridiculously undervalued. It should be trading at a minimum of usd 35.- I don't know if I'm missing something or what?
What The GDP Report Says About Gold [View article]
The demand for physical Gold, as opposed to paper gold, has never been stronger. With central banks worldwide who have a trades surplus buying as much physical bullion as they can, starting with China.
By the way, why does it take until 2020, for the U.S. to give back only 20% of Germany physical gold held in America.
If you own gold make sure you can put your hands on it, otherwise you just own a line on a computer.
The whole game is rigged! Check out http://www.gata.org
"Gorilla in the room," indeed. From TCW are the ridiculous supply/demand dynamics of the MBS market thanks to the Fed's planned $480B/year in purchases. Maybe it really is time for the mortgage REITs to deleverage and take a vacation. [View news story]
"Gorilla in the room," indeed. From TCW are the ridiculous supply/demand dynamics of the MBS market thanks to the Fed's planned $480B/year in purchases. Maybe it really is time for the mortgage REITs to deleverage and take a vacation. [View news story]
"Gorilla in the room," indeed. From TCW are the ridiculous supply/demand dynamics of the MBS market thanks to the Fed's planned $480B/year in purchases. Maybe it really is time for the mortgage REITs to deleverage and take a vacation. [View news story]
Sony (SNE -7.5%) ADRs take a hit after the Japanese conglomerate reported its fourth straight annual loss overnight. The company also noted, without significant impact however, that it expects swing to profit in FY12. [View news story]
My recommendation on SNE would be a strong sell.
EMC is reportedly in talks to acquire XtremIO, an Israeli developer of high-end storage arrays relying on flash memory, for $400M-$450M. It's also claimed NetApp (NTAP) and others have talked with XtremIO, which competes with fast-growing Violin Memory. XtremIO would fill a hole in EMC's line: the company has rolled out server flash modules, but has only announced plans to offer arrays built specifically with flash in mind. [View news story]