Seeking Alpha

Rubenov

Rubenov
Send Message
View as an RSS Feed
View Rubenov's Comments BY TICKER:
Latest  |  Highest rated
  • Why I Strongly Disagree With Goldman's Bearish Gold Call - Buy The GLD [View article]
    I'm marking this post for future crow eating purposes.
    Mar 28 03:17 PM | 2 Likes Like |Link to Comment
  • Why I Strongly Disagree With Goldman's Bearish Gold Call - Buy The GLD [View article]
    If you nail the GLD $98 price, I will become a contributor to Seeking Alpha and submit an article or blog post congratulating you on your call.
    Mar 27 11:00 PM | 1 Like Like |Link to Comment
  • Why I Strongly Disagree With Goldman's Bearish Gold Call - Buy The GLD [View article]
    That's why it's an art and not a science. You try to make this into a science, which it is not. I'm still waiting for the GLD $98 price you called in a few articles, by the way. I read them. Perhaps I'll reply to you again once/if that target is ever achieved.

    As I said, unprecedented Quantitative Monetary easing brought some speculation and fuel to precious metals' prices. I think you will find most people agreeing with this than not. In my interpretation of the art, in later iterations of QE it was becoming more clear that the economy was rebounding, and the future would be QE-less. Gold started to adjust from its mania.

    And once again, I'm not saying no other factors move the price of gold. All this debate started because eagle dismissed the effect of monetary policy on the price of gold, which I think is a mistake.
    Mar 27 10:53 PM | 2 Likes Like |Link to Comment
  • Why I Strongly Disagree With Goldman's Bearish Gold Call - Buy The GLD [View article]
    I'm talking about when QE was announced first, after the 2008 crisis!! It relentlessly led gold to all time highs (once again, in combination with other factors such as people's fear of financial collapse). Nothing last forever, and this last QE was the third iteration.
    Mar 27 10:33 PM | 1 Like Like |Link to Comment
  • Why I Strongly Disagree With Goldman's Bearish Gold Call - Buy The GLD [View article]
    Markets, as a forward looking mechanism, moved up the price of gold when QE was announced.

    Just the same, when tapering was announced, markets correspondingly helped push the price down.

    It's all about "pricing it in". Same why once taper was finally implemented, gold rallied.

    I'm aware there are tons of other factors involved in the price of gold, I just want to point out the one with the most relevance based on the last few years.
    Mar 27 10:19 PM | 2 Likes Like |Link to Comment
  • Why I Strongly Disagree With Goldman's Bearish Gold Call - Buy The GLD [View article]
    After Bernanke uttered the word "taper", gold fell hundreds of dollars in a few weeks. Obviously it didn't recover. That's powerful.

    The Chinese + India buying and non-buying also moves the price, but never as strongly as the fellow Feds. All reports show they've been buying hand-over fist (Up a large % from previous years) and for what? Price keeps going down.

    Monetary Policy > Supply and demand
    Mar 27 09:55 PM | 3 Likes Like |Link to Comment
  • Why I Strongly Disagree With Goldman's Bearish Gold Call - Buy The GLD [View article]
    That's silly to say, as the Fed has had a HUGE impact on the gold price for years now... just look at the spot price every time a Fed person makes a hawkish/dovish statement regarding monetary policy.

    Understand not everything is related to the USA but its impact on the gold price is substantial.
    Mar 27 08:32 PM | 4 Likes Like |Link to Comment
  • Why I Strongly Disagree With Goldman's Bearish Gold Call - Buy The GLD [View article]
    Higher interest rates are coming, higher interest rates are coming, higher interest rates are coming...
    Mar 27 07:41 PM | 3 Likes Like |Link to Comment
  • Is The Bear Market For Gold-Oriented ETFs Over? [View article]
    Gold bear market was over as soon as 2013 was over. Dude yelling "I wouldn't buy gold with my worst enemy's money!" marked the bottom.

    Take a stand, be decisive. We're slowly entering into another gold bull market.
    Mar 11 10:38 PM | 2 Likes Like |Link to Comment
  • $3/Day Can Buy $192,000 Annual Tax-Free Income Using This Strategy [View article]
    Would've been good to know at 18.
    Mar 3 08:21 AM | 7 Likes Like |Link to Comment
  • Bottom In Gold Likely To Be Below $770 [View article]
    Hahahaha. I can only laugh at this article.

    I must admit, the part about wives making husbands clean their basements was pure gold, pun intended.
    Feb 24 01:36 AM | 1 Like Like |Link to Comment
  • Enthusiasm over SodaStream continues [View news story]
    Pretty sure they aren't sitting at "All-time highs"... there is a mistake in this Breaking News.
    Feb 11 08:19 AM | 5 Likes Like |Link to Comment
  • An Opportunity To Buy [View article]
    Really? How so mr.?
    Feb 5 11:07 PM | 1 Like Like |Link to Comment
  • More on Netflix: Profits, pricing, and expansion in the mix [View news story]
    Only time it did pullback after such a huge earnings report was last time, and it was due to Icahn selling 50% of his position all day through big effing chunks.
    Jan 22 05:02 PM | 1 Like Like |Link to Comment
  • Direxion launching MLP fund Thursday [View news story]
    Yield? UBS' MLPL is around 9 - 11% annually.
    Jan 22 03:52 PM | 1 Like Like |Link to Comment
COMMENTS STATS
404 Comments
560 Likes