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  • Debt: More Than Something We 'Owe To Ourselves' [View article]
    Thanks for pointing out that:
    "Americans sometimes seem to forget that we experience a certain degree of 'exorbitant privilege' thanks to our highly productive economy and status as a reserve currency issuer." - Cullen Roche
    The History Channel should do a show "Life in the USA without being the reserve currency issuer". Might help to wake-up the policy makers in Washington, D.C.
    On productivity, unfortunately, the inter-generational productivity gains are not shared with the working class - as they once were; and meanwhile, executive pay is "off the charts".
    Feb 7, 2015. 11:21 AM | 4 Likes Like |Link to Comment
  • Northeast Utilities May Fall To $37 Per Share By 2013 [View article]
    Dr. Kitov
    Especially enjoyed your October 2012 article on when to buy and sell the SP 500. Have You done any more work on fourier series and predicting the over all market ???
    I had fourier series in grad school many years ago but have not seen any good text on using such to predict the over all stock market ???
    Thank You
    Apr 27, 2014. 08:43 PM | Likes Like |Link to Comment
  • Further Downside May Be Ahead, Though Long-Term Trend Still Intact [View article]
    THANK YOU !!!
    Apr 13, 2014. 05:58 PM | Likes Like |Link to Comment
  • Further Downside May Be Ahead, Though Long-Term Trend Still Intact [View article]
    Great Read - Thank You !!!
    What EMA's do You use to determine your Daily, Weekly, Monthly MACD ???
    Apr 13, 2014. 08:21 AM | Likes Like |Link to Comment
  • The U.S. Government Is Not '$16T In The Hole' [View article]
    Cullen, I always enjoy your articles - And Thank You for many good reads!!!
    Two questions please......
    Based on the information I have seen, it appears the US can only "print" because the dollar is the world's reserve currency. And with all the "money printing" since the "tech-wreck" in March 2000 and other follow-on crisis events, the US has essentially been exporting "inflation" to many other countries, which they will likely not tolerate indefinitely.
    1) What will happen to our currency and our standard of living when the US dollar is no longer the reserve currency of the world, while at the same time the $$$ printing presses continue to fund trillions in deficits ???
    Other information I have seen indicates that real income for the American worker has been stagnate for several decades, and the benefits of productivity gains that American workers once "shared-in" has been a "zero-share" for the workers for the last few decades since their share of these gains have been off-set by the rising cost of living.
    2) Doesn't all of this "money printing" impact real income in a negative manner for working class households, and also off-set the benefits of productivity gains that American workers once enjoyed and benefited from ???
    THANK YOU !!!
    Nov 9, 2013. 03:38 AM | 1 Like Like |Link to Comment
  • The Key Dividend Stock To Beat The S&P 500 This Coming Decade [View article]
    Always enjoy your wisdom and your articles - Thank You !!!
    Two questions please:
    1) With respect to the long term, what do You think about shares of Discover Card Services versus Visa ?
    2) I am still concerned about the oil spill liability associated with BP. By way of example, the judicial system bankrupted Texaco oil over-night. What are Your thoughts on the potential for additional liability findings against BP by the open-ended nature of the judicial proceedings?
    THANK YOU !!!
    Oct 26, 2013. 10:05 AM | Likes Like |Link to Comment
  • Top 5 Stocks For A Roth IRA [View article]
    Steve - Great Read !!! - Thank You !!!
    What do You think about PM instead of MO ???
    I get concern about future legal implications within the U.S. for both MO and BP.
    Oct 3, 2013. 11:53 PM | Likes Like |Link to Comment
  • BP: Another Week Of Accelerating Business Economic Loss Claims [View article]
    Good Read !!! - THANK YOU !!!
    Recall the 10.53 billion damage award against Texaco back in 1985 for wooing Getty Oil away from Pennzoil.
    No one expected the court to issue a 10.53 billion dollar ruling against Texaco. Texaco subsequently filed for bankruptcy.
    The US legal system can be highly unpredictable, and could readily bankrupt BP, similar to Texaco.
    Jun 24, 2013. 06:11 PM | Likes Like |Link to Comment
  • Cooking Up A Crash [View article]
    Thank you Harold - appreciate the update.
    BuyandHold may have to wait a while for the next crash ???
    Seems like it will be a low probability event for a major crash to occur in today's market with all the world's central banks flooding the financial system with QE Infinity coupled with ZIRP infinity ???
    I have trouble understanding things and connecting all the dots on what the implications are for what all is being done (and what all is not being done - such as structural reforms).
    Seems like retiree's, working class savers, pension funds, etc.; are being driven from CD's and bonds (previous safe havens) to dividend equities in order to keep from getting "zero" on their savings while the value of the dollar continues to erode.
    The rise in the cost of medical insurance premiums for health care, food, gas, college tuition since the financial crises happened has been substantial; in spite of what government statistics say about the inflation rate. It is hard to sit still and get "zero" on your savings year - after - year.
    Jun 15, 2013. 04:25 PM | 1 Like Like |Link to Comment
  • Cooking Up A Crash [View article]
    BuyandHold -
    what is considered a "crash" - a 10% drop (?), 20%, 25%.....???
    Thank you
    Jun 14, 2013. 05:40 PM | 1 Like Like |Link to Comment
  • Exxon Mobil CEO: We're Going In, Can't Pull Up, Brace For Impact [View article]
    Julian - Thank You for your reply.
    I wish You the greatest of success in developing new technologies for solving the world's energy needs.
    It's unfortunate that the pursuit of cold fusion by Fleischmann-Pons back in 1989 did not provide the panacea for the energy needs of the world.
    Jun 2, 2013. 03:11 PM | 3 Likes Like |Link to Comment
  • Exxon Mobil CEO: We're Going In, Can't Pull Up, Brace For Impact [View article]
    Please check the actual transcript of the shareholder's meeting, and actual CEO comments at the following link:
    Your reference to "Climate Progress" is taking the CEO comments out of context. The CEO's comments were in response to questions and comments by a Shareholder and Analyst as detailed below.
    Unknown Shareholder
    I would like to speak in favor of proposals 10 and 11 and I would like to just make the connection between the very good film about safety of people that is uppermost in the thinking of the company and link it with safety of the planet. Mr. Pat mentioned that already the parts per million has exceeded the three safety and that we are beyond that. The scientists are saying this is serious detriment to the planet’s future. If we are so concerned about people and safety I think we’ve got to be equally concerned about the product mix of this company; when the company says there is a balance portfolio, and we don’t see anything related to renewables, it’s a business model that is created, this carbon excess that the scientists are saying and governments are saying something must be done. I noticed in the Corporate Citizen report under sustainability slide 45 you said that the goal of the company is to make sure that future generations are not compromised by actions taken today.
    Well the whole presentation is indicating the actions today are precisely the same actions that have created the problem we are in and this is detrimental to the planet and therefore all of us. There has been no discussion, Mr. Tillerson that you made about these risks. I know you have got the energy efficiencies, you are reducing emissions, but not setting target. I just wish that maybe you could share a little bit more about your comments, last year however you said there is going to be technological or business solutions to the crisis. Could you just comment about it? Because really, until now we have been not really talked much about the crisis that’s facing the planet, and then if you could share a little bit more such as you did last summer, how you think that there is going to be business solutions or technological solutions to the crisis, the EIA and others say we are already in.

    Rex Tillerson
    I think our views on climate change and the risk of climate change have been fairly well described both in public forums where I and others have spoken as well, as in publications in the ways we have expressed review climate change as a serious issue, it does present serious risk. I will maintain the view that I have had for some time now, but notwithstanding all the advancements that have been made in gathering more data, instrumenting the planet so that we understand how climate conditions on the planet are changing, notwithstanding all that data, our ability to project with any degree of certainty the future is continuing to be very limited.
    If you examine the temperature record of the last decade, it really hadn’t changed. I know you will like to hear that as it don’t comport to some of the views of others, but last 10 years’ temperatures had been relatively flat. In a period when is been noted greenhouse gas concentrations have been rising. That’s not to drawing a conclusion about anything other than to make the point, our ability to understand all of the relationships between emissions and the environment and the feedback loops continues to be one of the science communities grand challenges and there are some of the best scientist in the world working on that. And we support their work; continue to support their work because we want to understand that as well. So as we said in the past that how do you want to deal with something or the outcome is unknowable but the risk are significant and so that’s why we have concentrated on we do not have a readily available replacement for the energy that provide the means of living that the world has today, not our standard of living but equally at the more importantly a standard of living that more than 2 billion people on the planet are below anything any of us would find acceptable from poverty, hunger, education standpoint, how do you want to deal with that great social challenge to what good is it to save the planet if humanity suffers in the process of those efforts when you don’t know exactly what your impacts are going to be, so we have taken a much more balanced view and we said lets manage the things, we know how to do manage today that’s why we’re strong proponents of energy efficiency, we’re strong proponents of how we consume energy and consuming it at a much more efficient way and we’re strong proponents of looking at other options for energy supplies and sources and we have invested in a broader ray of those in terms of the investigation so that we are well informed as to the likelihood of their having broad-based application on a scale that will serve human need across the planet.
    There is nothing out there today that will do that. When mills won’t do it, solar panel won’t do it; bio-fuels won’t do it and all of those come with consequential issues as well, it’s not that we do not support continued advancement there, but I think that in this discussion which is vitally important to all mankind, I think we could have a much more use discussion if we could find the place in the middle which is where 80% of people are and talk about a reasonable approach that acknowledges what we know acknowledge what we don’t know and looks at all the tools available to us to manage that outcome and the engineered solutions side of that is, I’ll maybe biased because I’m an engineer and I have an engineering background and I work in a company there is full of scientist and engineers. I have enormous faith in our technology’s ability to find solutions as they present themselves to us which will be a combination of mitigation and adaptation, and I firmly believe that we will find that way forward but we’re only going to find that way forward if we can put all our
    energies into that and less of our energies into the most extreme view points on both end of this debate which is we’re dunned or you’re all crazy because neither of those is right.

    Unidentified Analyst
    Maybe I was disappointed the fact that the data is showing that warming isn’t as going as accessibly in the last 10 years, you know, I’m very pleased with that, so I wanted set the record straight, I don’t want it to get any worse but I would also you if you can accept that data that says the warming has flowed that if would also from the same scientist that have said that accept the fact that we are according to those same scientist because we have more than the 350 of the carbon that you would also say that is critical and must be addressed right now, I’d ask you to vote because I’m ready to say if reduction is good, I would hope you would do the same and say we can’t, we’re in a very bad situation when it’s over 350 parts.

    Rex Tillerson
    Well, I can’t conclude there is something magical about 350 because that suggests these models are very competent and our examination about the models, are that they’re not competent, and in fact, if you read the IPCC report, they published a very broad range of possible outcomes because they acknowledge the models competencies or questionable, they have
    selected 350 as a case, a base case, around which they believe we should be pursuing but to suggest that 350 versus 450 somehow is a known outcome is just not respecting the competency of the model, so I don’t know if there 350 or 450 if you look at outlook as you’re seeing our outlook has range greenhouse gas emissions peaking and declining at some point
    in the future as technology takes hold more broadly across society, but it does lead to a much concentration of greenhouse gases.
    We do not see a viable pathway with any known technology today to achieve the 350 outcome that is not devastating economies, societies, and people’s health and wellbeing around the world. You cannot get there, so the real question is, you want to keep arguing about that and pursuing something that cannot be achieved at cost that would be detrimental
    and do you want to talk about what’s the pathway we should be and how do we mitigate and prepare for the consequences as they present themselves because our ability to predict the consequence is simply not that good, sure thank you.

    Jun 2, 2013. 02:16 PM | 3 Likes Like |Link to Comment
  • Dividend Champions For June 2013 [View article]
    .....for continuing to share your outstanding work with small, individual investors like myself.
    Appreciate your continued professional help, kindness, and consideration.
    THANK YOU SO MUCH from a small fish in the pond !!!
    Jun 2, 2013. 01:06 PM | 7 Likes Like |Link to Comment
  • A Very Large Tree Is Falling In The Stock Market Forest [View article]
    Great read !!! Thank You Eric !!!
    Appreciate your insights !!!
    May 30, 2013. 11:38 PM | 2 Likes Like |Link to Comment
  • Permian Basin Royalty Trust: The Merry Merry Month Of May [View article]
    Appreciate your in-sights !!!
    May 26, 2013. 08:06 AM | Likes Like |Link to Comment