Thelasko

7 Comments

    • ON: Mon Aug 4th 15:19 PM
      Commented on:
      General Discussion on FRO
      Sorry folks, it looks like FRO blew through it's support today.
    • ON: Tue May 6th 09:31 AM
      Commented on:
      General Discussion on LAQ
      for some reason Google lists LAQ as "La Quinta Resources Corporation" any ideas why?
    • ON: Fri Apr 4th 16:49 PM
      Commented on:
      Filling Up on Natural Gas
      Not only does burning natural gas only emit CO2 and water vapor, it emits less CO2 than most other energy sources, including ethanol. Good for the environment, and Kyoto countries. Unfortunately for your price analysis, it's not as scarce as other fuel sources because it can be obtained in various ways. Natural gas is mostly methane. Where else does methane come from other than the ground? I'll give you a hint, look up anaerobic digestion.
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    • ON: Thu Mar 20th 14:12 PM
      Commented on:
      10 Reasons Why Gold Has Further to Run
      "For many years, the global demand for gold has exceeded what has been produced by the worlds mines." This goes for everything in a free market. The price reflects the discrepancy between supply and demand. If anything, this argument suggests that gold is overvalued since the prior price reflected it's inherent usefulness. Gold doesn't corrode and is an excellent conductor of heat and electricity. Other than that, it simply isn't that useful. It's far too soft to be used structurally. It's inherent value is far below today's price. I say, short gold for a big return.
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    • ON: Wed Mar 5th 15:58 PM
      Commented on:
      6 Risky-But-Worth-It Bets - Barron's
      If I was going to do something risky, I would short gold. The economy will eventually improve and gold will go down in price.
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    • ON: Wed Nov 21st 12:04 PM
      Commented on:
      What's the Mainstream Missing on Gold?
      I think you are on the right track, but I don't think gold is the proper standard. Energy should be the standard for US currency. Energy is the driving force of the economy. As a resource becomes more scarce it requires more energy to obtain it and therefore costs more money. With the current system we are rewarding those who manipulate the currency instead of those who do work. By work I mean produce or expend energy, and not those who manipulate others.
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    • ON: Fri Sep 21st 14:11 PM
      Commented on:
      Best, Worst ETF and CEF Year-to-Date Returns
      It appears that most of those "worst" CEFs are high dividend yielding funds. I don't know if I would call that poor performance or a bargain considering if you buy at today's discounted prices you might be receiving as much as 12% annually (as long as those dividends don't change). Although it isn't very tax efficient.
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