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David Green

David Green
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  • Did Herbalife Executives Conspire To Commit Mail Fraud? [View article]
    Probably because distributors are the only ones who own HLF products.
    Apr 14 11:18 AM | 12 Likes Like |Link to Comment
  • Inflation Consequences Of QE - Per Reynard [View article]
    But wait? Those Big Banks have been getting Welfare...I mean...QE... from the Fed! We can't just stop that, the economies going to tank!
    Dec 3 11:45 PM | Likes Like |Link to Comment
  • Don't Fight Central Banks, But Be Afraid [View article]
    Nothing against the Fed, I just wish they would stop giving Welfare to the Big Banks...I mean...QE.
    Dec 3 11:41 PM | 2 Likes Like |Link to Comment
  • GLD: Bears Set Sights On 115 [View article]
    SPY, DIA, and QQQ are at their highest, even above pre-Recession and pre-Dot com bust levels. Commodities are in the dust, with PM's posting their first annual decline in years. This is all in the midst of ZIRP and of the longest and strongest QE yet. What concerns me most is not the seeming imbalance of overbought and oversold positions in the market, it's the massive amount of deflationary forces QE is fighting against right now. Something is terribly off here.
    Nov 27 12:42 AM | 1 Like Like |Link to Comment
  • Peter Schiff Has It Totally Backwards - Gold Is Not Going 'To The Moon' [View article]
    Throw a frog in a pot of hot water and it'll jump right out. If the temperature is raised slowly the frog won't jump out and will be boiled to death. That's what our inflation situation is. Hyperinflation won't happen because of that reason as well. But we're getting boiled to death.
    Aug 14 05:20 PM | 2 Likes Like |Link to Comment
  • U.S. Dollar - Most Vulnerable In 2 Years To Large Decline [View article]
    Did you notice the date of the article? And the date of most recent comments preceding yours?
    Aug 14 05:11 PM | 1 Like Like |Link to Comment
  • Malkin Holdings has received the third bid in less than two weeks for the Empire State Building (ESB), this time an offer "north of $2.1B in cash" from New York property magnate Joseph Sitt. The proposal is higher than bids of up to $2.1B from real-estate mogul Rubin Schron and a group of Middle Eastern and European investors, but is short of the $2.53B that an independent appraisal has valued the tower at. Malkin is also in the process of listing Empire State Building as part of a REIT. [View news story]
    REIT is a big mistake if interest rates rise.
    Jul 1 07:08 AM | Likes Like |Link to Comment
  • Peter Schiff Has It Totally Backwards - Gold Is Not Going 'To The Moon' [View article]
    Exactly. Just like Soros broke the Bank of England. If you profit at other people's loss, that's all that counts, right?
    Jun 29 08:15 PM | 1 Like Like |Link to Comment
  • Why QE Was Never Bullish For GLD And Why The Taper Will Hurt It Further [View article]
    "QE (or any of its various iterations) is inherently inflationary or hyper-inflationary due to the increase in the monetary base. This misconception has, in my opinion, led to gold being overvalued by approximately 30%."

    However, gold has been in its greatest decline in 3 years, all the while during the biggest QE program by the Fed yet. The problem is not QE, but market fundamentals that differ from the equities highs.

    When we see a ZIRP-created economy with GDP at the rate of inflation, we know that this is not an authentic economy, it's an economy suffering from worsening adrenal fatigue, where the inside (equities) are buzzing but the exterior (corporate and market fundamentals) are exhausted and on the verge of collapsing.
    Jun 29 08:26 AM | 1 Like Like |Link to Comment
  • Peter Schiff Has It Totally Backwards - Gold Is Not Going 'To The Moon' [View article]
    Only a fool could be a perma-bear or a charging bull. Smart people move money as the markets flow, so buying gold in the long term has been very successful for some, and for those who bought gold near it's peaks, and jumping out after the corrections, are the fools who lost and will continue to lose money. There's no sense in being anti-gold as much as being a gold bug.
    Jun 29 08:14 AM | 4 Likes Like |Link to Comment
  • Peter Schiff Has It Totally Backwards - Gold Is Not Going 'To The Moon' [View article]
    You read a book written at a particular time about buying and selling advice. That's like reading a book written in 2006 saying to buy a house, then looking at the price of houses currently and burning the book. Anachronisms are different from bad advice, unless Schiff was giving terrible trade ideas, such as mixing up puts and stops.
    Jun 29 08:09 AM | Likes Like |Link to Comment
  • The Fed Is Between A Bubble And A Hard Place [View article]
    Our market has Adrenal Fatigue. The inside (equities) is buzzing but the outside (corporate and market numbers) is exhausted and just barely scraping by.
    Jun 26 10:19 AM | 2 Likes Like |Link to Comment
  • The Fed Is Between A Bubble And A Hard Place [View article]
    I want to see a market that is healthy enough to move on fundamentals, not one man's words. Ben Bernanke shouldn't even have to worry that his choice of words will float or sink the economy, and if he does our market is in serious trouble.
    Jun 26 10:17 AM | 1 Like Like |Link to Comment
  • The Fed Is Between A Bubble And A Hard Place [View article]
    "Fed officials seem to hope that mere suggestions about tapering, combined with confident bragging...will be sufficient to persuade investors not to significantly bid down the price of fixed income assets or to excessively bid up the price of stocks"

    Well, it looks like they are using ambiguous language to keep everyone in the dark because they don't have a clear exit strategy themselves. This is more than just a "to taper or not to taper" kind of question.
    Jun 19 10:43 AM | 1 Like Like |Link to Comment
  • Peter Schiff Has It Totally Backwards - Gold Is Not Going 'To The Moon' [View article]
    "It is unlikely that the market will set the rate at a level that chokes off the recovery."

    A correction or bubble, especially at the macroeconomic magnitudes that the author and Schiff are talking about, are never simple corrections that the markets "will gravitate towards truly market determined rates." If that was true, our great recession shouldn't have been as bad as it was, and the same should be true for unexpected higher interest rates.
    Jun 19 10:31 AM | 1 Like Like |Link to Comment
COMMENTS STATS
108 Comments
182 Likes