Denny_Chasteen's Comments

Denny_Chasteen's Comments Denny_Chasteen's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.com/user/1198811/comments The Future For Gold Supply Looks Grim: An Opportunity For Gold Investors http://seekingalpha.com/article/1439831/comments?source=feed#comment-19179321 19179321 Thu, 23 May 2013 16:29:15 -0400 The Future For Gold Supply Looks Grim: An Opportunity For Gold Investors http://seekingalpha.com/article/1439831/comments?source=feed#comment-18926581 18926581 Thu, 16 May 2013 21:59:31 -0400 The Future For Gold Supply Looks Grim: An Opportunity For Gold Investors http://seekingalpha.com/article/1439831/comments?source=feed#comment-18923791 18923791 Thu, 16 May 2013 20:22:41 -0400 Apple Increases iPhone Discount To 36% To Counter Samsung's Upsurge In India http://seekingalpha.com/article/1441501/comments?source=feed#comment-18917801 18917801
I the Google Analytics data that I watch coming into my web sites, the number of hits coming from Samsung devices is not growing compared to Apple the way you would think if there really were a "sea change." I don't see it in the data. Apple is still the big dog in the mobile and tablet world. Big and still growing.

Apple just really needs to snatch that market out from under them by making new release to the iPhone 4 which is priced to compete on the low end. It won't cut into sales in the high end. But it would knock the pilings out from under Samsung.]]> Thu, 16 May 2013 17:16:18 -0400
I the Google Analytics data that I watch coming into my web sites, the number of hits coming from Samsung devices is not growing compared to Apple the way you would think if there really were a "sea change." I don't see it in the data. Apple is still the big dog in the mobile and tablet world. Big and still growing.

Apple just really needs to snatch that market out from under them by making new release to the iPhone 4 which is priced to compete on the low end. It won't cut into sales in the high end. But it would knock the pilings out from under Samsung.]]> Apple Increases iPhone Discount To 36% To Counter Samsung's Upsurge In India http://seekingalpha.com/article/1441501/comments?source=feed#comment-18917331 18917331
One day a farmer was watching his sheep in the field. The sheep dog would herd them around with total masterful control over them. The farmer gets bored so he pulls a wire across the field about a foot from the ground. The dog goes running across the field, sees the wire and jumps over it. The first sheep came to the wire, tripped on it and fell down. The second sheep came to the wire, tripped on it and fell down. So did the third sheep and so on until they had all tripped and fallen.

Ten minutes later, the same thing happened from the other direction. Days and days passed and finally one day the first sheep came to the wire and stopped. The second sheep stopped as did the third and so on until they were all stopped. The first sheep stepped over the wire. Then followed all the other sheep stepping over the wire.

Well, the fun was over though the farmer. So he removed the wire. Next day dog runs by, sees the wire is gone, runs right on through. He looks back for the sheep. They all stopped and one by one are stepping over the same spot where the wire was the day before. One sheep carefully following the other.

The sheep continued this behavior for years on end. Even after the first sheep had died and went to sheep heaven, their offspring continued to stop at the spot where the wire was before and step over. Even though the trip wire was long gone.

Such is true with the people selling their AAPL stock at fire sale prices. Somebody cried "wolf." Others chimed in. And that is the end to my story.]]> Thu, 16 May 2013 17:03:51 -0400
One day a farmer was watching his sheep in the field. The sheep dog would herd them around with total masterful control over them. The farmer gets bored so he pulls a wire across the field about a foot from the ground. The dog goes running across the field, sees the wire and jumps over it. The first sheep came to the wire, tripped on it and fell down. The second sheep came to the wire, tripped on it and fell down. So did the third sheep and so on until they had all tripped and fallen.

Ten minutes later, the same thing happened from the other direction. Days and days passed and finally one day the first sheep came to the wire and stopped. The second sheep stopped as did the third and so on until they were all stopped. The first sheep stepped over the wire. Then followed all the other sheep stepping over the wire.

Well, the fun was over though the farmer. So he removed the wire. Next day dog runs by, sees the wire is gone, runs right on through. He looks back for the sheep. They all stopped and one by one are stepping over the same spot where the wire was the day before. One sheep carefully following the other.

The sheep continued this behavior for years on end. Even after the first sheep had died and went to sheep heaven, their offspring continued to stop at the spot where the wire was before and step over. Even though the trip wire was long gone.

Such is true with the people selling their AAPL stock at fire sale prices. Somebody cried "wolf." Others chimed in. And that is the end to my story.]]> Apple Increases iPhone Discount To 36% To Counter Samsung's Upsurge In India http://seekingalpha.com/article/1441501/comments?source=feed#comment-18916871 18916871 Thu, 16 May 2013 16:52:33 -0400 The Future For Gold Supply Looks Grim: An Opportunity For Gold Investors http://seekingalpha.com/article/1439831/comments?source=feed#comment-18916711 18916711 Thu, 16 May 2013 16:49:10 -0400 The Future For Gold Supply Looks Grim: An Opportunity For Gold Investors http://seekingalpha.com/article/1439831/comments?source=feed#comment-18898001 18898001
That's good information here. But more so if you are only investing in gold production. The production cost will not have much impact on the market price of gold for the foreseeable future. The reason is that the actual industrial and retail consumer consumption of gold is very, very small relative to the total supply. Frankly, the production cost is irrelevant. JMO.

The price of gold is being driven down and may continue down because in the near term because many, very many, investors foolishly believe there will be no inflation. That the dollar is really getting stronger when in reality it is just sinking slower relative to the other fiat currencies. They see that stocks are providing better yields for the immediate future. And they will for a while longer. They see the US deficit shrinking right now, the quarter after and end-of-year fire sale on anything profitable to avoid taxes. This is what I call "a dead pork bounce." They don't see the coming rise in interest rates and the fiscal on monetary death spiral that will result from a $17T national debt. This debt is clearly insurmountable and is only being sustained by a Fed policy, which is working for now. That will change at some point. The sun don't shine on the same dog's ass everyday. Bernanke's day in the sun will end soon. They don't see the coming sudden drop in stocks and bonds that will surely be triggered by an economic slowdown from Obamacare and the coming turmoil in the oil patch. They don't see that the paper gold traders are dumping it in favor of physical gold just as fast as they can unload it.

The wise investors are still buying as much physical gold as they can afford. For every seller, there is a buyer. It has to be that way. The bottom line is that for the future foreseeable to fools, gold will go down. The fools will continue to sell their gold at a volume higher than the wise can afford to buy.

I have to look more closely at your 10% and 25% numbers. Somehow it does not seem correct to me. Maybe it's because you are just looking at COMEX.]]> Thu, 16 May 2013 11:03:46 -0400
That's good information here. But more so if you are only investing in gold production. The production cost will not have much impact on the market price of gold for the foreseeable future. The reason is that the actual industrial and retail consumer consumption of gold is very, very small relative to the total supply. Frankly, the production cost is irrelevant. JMO.

The price of gold is being driven down and may continue down because in the near term because many, very many, investors foolishly believe there will be no inflation. That the dollar is really getting stronger when in reality it is just sinking slower relative to the other fiat currencies. They see that stocks are providing better yields for the immediate future. And they will for a while longer. They see the US deficit shrinking right now, the quarter after and end-of-year fire sale on anything profitable to avoid taxes. This is what I call "a dead pork bounce." They don't see the coming rise in interest rates and the fiscal on monetary death spiral that will result from a $17T national debt. This debt is clearly insurmountable and is only being sustained by a Fed policy, which is working for now. That will change at some point. The sun don't shine on the same dog's ass everyday. Bernanke's day in the sun will end soon. They don't see the coming sudden drop in stocks and bonds that will surely be triggered by an economic slowdown from Obamacare and the coming turmoil in the oil patch. They don't see that the paper gold traders are dumping it in favor of physical gold just as fast as they can unload it.

The wise investors are still buying as much physical gold as they can afford. For every seller, there is a buyer. It has to be that way. The bottom line is that for the future foreseeable to fools, gold will go down. The fools will continue to sell their gold at a volume higher than the wise can afford to buy.

I have to look more closely at your 10% and 25% numbers. Somehow it does not seem correct to me. Maybe it's because you are just looking at COMEX.]]> In the silver market, Commerzbank thinks it's time to see movement befitting an industrial metal and less like the currency metal it has traded in recent weeks. The equivalent of 3,700 tons of silver was sold in the futures market during the past five weeks, or ~40% of 2011's total investment demand; "in the past, we often saw marked counter-movements after such pronounced developments." (earlier) http://seekingalpha.com/currents/post/903131?source=feed#comment-18097081 18097081 Thu, 25 Apr 2013 15:58:09 -0400 Gold's reaction to Tuesday's fake AP tweet illustrates a "new reality" for the metal says Deutsche's Jens Johansen, who notes the price reacted last (vs. stocks and currencies) and barely budged. His team feels this lends support to their bearish thesis for gold and an expectation it's headed to $1,300 before stabilizing. GLD +1.7%. http://seekingalpha.com/currents/post/969511?source=feed#comment-18088071 18088071
In reality Deutsche wants the price to go to $1,300 so they can buy more even cheaper. That's what's going on here. It's a shake down of the weak kneed morons who are willing to dump their gold at fire sale prices.

The bankers are all just a bunch of Deutsche bags.]]> Thu, 25 Apr 2013 13:16:05 -0400
In reality Deutsche wants the price to go to $1,300 so they can buy more even cheaper. That's what's going on here. It's a shake down of the weak kneed morons who are willing to dump their gold at fire sale prices.

The bankers are all just a bunch of Deutsche bags.]]> Gold And Silver Enthusiasm Soar To Historic Levels In The Wake Of Collapsing Prices http://seekingalpha.com/article/1357111/comments?source=feed#comment-17926571 17926571 Mon, 22 Apr 2013 08:50:54 -0400 This Gold Slam Is A Massive Wealth Transfer From Our Pockets To The Banks http://seekingalpha.com/article/1343211/comments?source=feed#comment-17674641 17674641
Venuelzula needs to sell gold now. So does Cypress. Maybe many others. Italy. These poor, stupid socialist countries must be shaken down. Al ltheir gold depleted. Not sure how long the shake out will take. But it is taking place now. I am guessiing you can buy gold for under $900 and silver for $15 before this is over.]]> Mon, 15 Apr 2013 22:51:13 -0400
Venuelzula needs to sell gold now. So does Cypress. Maybe many others. Italy. These poor, stupid socialist countries must be shaken down. Al ltheir gold depleted. Not sure how long the shake out will take. But it is taking place now. I am guessiing you can buy gold for under $900 and silver for $15 before this is over.]]> Is Apple Using Share Buybacks To Support Its Stock Price? http://seekingalpha.com/article/1329791/comments?source=feed#comment-17406421 17406421 Tue, 09 Apr 2013 12:35:33 -0400 Trifecta Of Events All Break In Favor Of Gold http://seekingalpha.com/article/1324501/comments?source=feed#comment-17302181 17302181
Tom, you old "goat whisperer," the needle is indeed pointing more northward now for gold. I hope so. If not, I may have to BBQ some of my old goats soon. ]]> Sat, 06 Apr 2013 11:53:48 -0400
Tom, you old "goat whisperer," the needle is indeed pointing more northward now for gold. I hope so. If not, I may have to BBQ some of my old goats soon. ]]> A healthy market is supposed to rally on good news, yes? If so, things don't look good for the gold bulls, as the metal fails to muster any bounce on news of the massive BOJ easing. GLD -0.9% premarket with gold at $1,544/oz. - its lowest level since late June. http://seekingalpha.com/currents/post/925041?source=feed#comment-17204231 17204231 Thu, 04 Apr 2013 08:13:14 -0400 In the silver market, Commerzbank thinks it's time to see movement befitting an industrial metal and less like the currency metal it has traded in recent weeks. The equivalent of 3,700 tons of silver was sold in the futures market during the past five weeks, or ~40% of 2011's total investment demand; "in the past, we often saw marked counter-movements after such pronounced developments." (earlier) http://seekingalpha.com/currents/post/903131?source=feed#comment-16766251 16766251 Mon, 25 Mar 2013 10:00:57 -0400 In the silver market, Commerzbank thinks it's time to see movement befitting an industrial metal and less like the currency metal it has traded in recent weeks. The equivalent of 3,700 tons of silver was sold in the futures market during the past five weeks, or ~40% of 2011's total investment demand; "in the past, we often saw marked counter-movements after such pronounced developments." (earlier) http://seekingalpha.com/currents/post/903131?source=feed#comment-16620301 16620301 Thu, 21 Mar 2013 16:18:14 -0400 Looking at who was behind the massive GLD redemptions early this year, Commerzbank concludes the selling might be about done. Estimating quick-moving hedge funds accounted for about 10% of GLD holdings, Commerzbank reckons they've pared down positions to the point where, if anything, they're buyers at this level. http://seekingalpha.com/currents/post/903091?source=feed#comment-16619941 16619941 Thu, 21 Mar 2013 16:12:27 -0400 Apple: When Negatives Can Be Positives http://seekingalpha.com/article/1221241/comments?source=feed#comment-15601391 15601391
Market share does concern me. But, it's a growing market. It's growing on the high end and the low end as well. When the economy slows, it's usually the low end products that bear the brunt of the slowdown. Up scale and luxury items are least affected. It's likely that any slowdown on EITHER the high end or the low end will be only a slowdown in the rate of growth and not overall sales.

Time will tell, but AAPL stock is in for a heck of a beat down first. More to come as they stir the pot over this "too much cash" problem. They need to come to a resolution on dividends and preferred stock. Every day they don't increases the case that Einhorn has made that AAPL does not care enough about the share holders. Not many buyers lining up these days, Too many unknowns. Too many dark shadows. The haters and naysayers have piled on now and have created that "critical mass" required to "stampede the herd."]]> Wed, 27 Feb 2013 17:36:54 -0500
Market share does concern me. But, it's a growing market. It's growing on the high end and the low end as well. When the economy slows, it's usually the low end products that bear the brunt of the slowdown. Up scale and luxury items are least affected. It's likely that any slowdown on EITHER the high end or the low end will be only a slowdown in the rate of growth and not overall sales.

Time will tell, but AAPL stock is in for a heck of a beat down first. More to come as they stir the pot over this "too much cash" problem. They need to come to a resolution on dividends and preferred stock. Every day they don't increases the case that Einhorn has made that AAPL does not care enough about the share holders. Not many buyers lining up these days, Too many unknowns. Too many dark shadows. The haters and naysayers have piled on now and have created that "critical mass" required to "stampede the herd."]]> Comex gold scores its biggest one-day gain of the year, jumping $28.90 (+1.8%) to settle at $1,615.50, as Bernanke’s comments were "music” to the ears of precious metals bulls, Real Assets' Jan Skoyles says, "and strong economic data is just not enough anymore to convince markets that all is well." Silver +0.9% to $29.32. http://seekingalpha.com/currents/post/852631?source=feed#comment-15590721 15590721 Wed, 27 Feb 2013 14:38:16 -0500 Comex gold scores its biggest one-day gain of the year, jumping $28.90 (+1.8%) to settle at $1,615.50, as Bernanke’s comments were "music” to the ears of precious metals bulls, Real Assets' Jan Skoyles says, "and strong economic data is just not enough anymore to convince markets that all is well." Silver +0.9% to $29.32. http://seekingalpha.com/currents/post/852631?source=feed#comment-15546251 15546251 Tue, 26 Feb 2013 17:23:33 -0500 Apple: When Negatives Can Be Positives http://seekingalpha.com/article/1221241/comments?source=feed#comment-15500721 15500721 LMS). The whole FaceTime product. The communications pipeline is changing. The growth and innovation in interactive media has only just started. AAPL is well positioned to own the lion's share.]]> Mon, 25 Feb 2013 20:11:48 -0500 LMS). The whole FaceTime product. The communications pipeline is changing. The growth and innovation in interactive media has only just started. AAPL is well positioned to own the lion's share.]]> Apple: When Negatives Can Be Positives http://seekingalpha.com/article/1221241/comments?source=feed#comment-15493881 15493881
A big opportunity for AAPL in the future is new media and integration with youth through educational platforms. And or, they could easily topple and trump a large part of AMZN, all of NFLX and a couple of major networks including some SatCom. Possibly even T and VZ.

Look for Apple TV integrated with AAPL fibre and 4G wireless networks. Look for Apple Wi-Fi and 4G phone systems with VoIP for home, auto and business. The communications pipeline is going to change dramatically in the next few years. Get an eye on it now. Just look at VZ's website and what they are pushing now compared to a year ago.

Look for FaceTime to explode as well as iTunesU. In the next few years, AAPL will disconnect from T and VZ. Look for AAPL to be the main player as content facilitator in new media creation and delivery devices but also the software, and infrastructure. It can all be Apple's for the taking.]]> Mon, 25 Feb 2013 17:17:16 -0500
A big opportunity for AAPL in the future is new media and integration with youth through educational platforms. And or, they could easily topple and trump a large part of AMZN, all of NFLX and a couple of major networks including some SatCom. Possibly even T and VZ.

Look for Apple TV integrated with AAPL fibre and 4G wireless networks. Look for Apple Wi-Fi and 4G phone systems with VoIP for home, auto and business. The communications pipeline is going to change dramatically in the next few years. Get an eye on it now. Just look at VZ's website and what they are pushing now compared to a year ago.

Look for FaceTime to explode as well as iTunesU. In the next few years, AAPL will disconnect from T and VZ. Look for AAPL to be the main player as content facilitator in new media creation and delivery devices but also the software, and infrastructure. It can all be Apple's for the taking.]]> Apple: When Negatives Can Be Positives http://seekingalpha.com/article/1221241/comments?source=feed#comment-15492331 15492331 Mon, 25 Feb 2013 16:50:30 -0500 Why Hyperinflation Is A Myth (And What It Means For Gold Prices) http://seekingalpha.com/article/1174331/comments?source=feed#comment-15468861 15468861
http://bit.ly/XT88AO

What is the best play on UPRO?]]> Mon, 25 Feb 2013 08:42:55 -0500
http://bit.ly/XT88AO

What is the best play on UPRO?]]> Is It Time To Buy Gold Via GLD? http://seekingalpha.com/article/1209201/comments?source=feed#comment-15288431 15288431 Wed, 20 Feb 2013 22:01:37 -0500 Soros Fund Sells 50% Of His GLD Stake: Is Gold Done? http://seekingalpha.com/article/1206301/comments?source=feed#comment-15288221 15288221 Wed, 20 Feb 2013 21:53:12 -0500 Soros Fund Sells 50% Of His GLD Stake: Is Gold Done? http://seekingalpha.com/article/1206301/comments?source=feed#comment-15285941 15285941 http://bit.ly/YHrvuv]]> Wed, 20 Feb 2013 20:35:11 -0500 http://bit.ly/YHrvuv]]> Soros Fund Sells 50% Of His GLD Stake: Is Gold Done? http://seekingalpha.com/article/1206301/comments?source=feed#comment-15257671 15257671 Wed, 20 Feb 2013 11:28:27 -0500 Gold falls to its lowest level since August, now at $1,591 and off more than 11% since the heady post-QE∞ announcement days. The move is more of a blip on a longer-term chart and the metal is basically flat since summer 2011. GLD -0.8% premarket. http://seekingalpha.com/currents/post/837991?source=feed#comment-15257251 15257251 Wed, 20 Feb 2013 11:23:39 -0500