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Denny_Chasteen

Denny_Chasteen
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  • Is Apple Using Share Buybacks To Support Its Stock Price? [View article]
    Do I hear the wind blowing or is it just another AAPL hater piling on?
    Apr 9 12:35 PM | 4 Likes Like |Link to Comment
  • Trifecta Of Events All Break In Favor Of Gold [View article]
    Just this week customs in Italy busted a guy for trying to smuggle $6M worth of gold bars to Switzerland. Cypress had significant gold holdings representing 70% of their reserve currency. Venezuela has tons of gold. I wonder what if anything is happening or likely to happen with these. There are other similar situations world wide. Seems to me very likely to see some "fire sales" on gold and silver.

    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.
    Apr 6 11:53 AM | 1 Like Like |Link to Comment
  • 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. [View news story]
    The dollar is just the prettiest old gal down at the government run nursing home. Dance with her all you want to. Meanwhile I am dancing with gold and silver at "Club Physical."
    Apr 4 08:13 AM | 1 Like Like |Link to Comment
  • 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[View news story]
    I agree with bbob68 100% and half with kerstner. Spending $1 against the least probable downfall below $27 to even be "in the money." Not worth $1. Most probable is silver remains range bound and sir kerstner loses his entire $1.85. I am okay with the .85 call. RIsk to reward seems good.
    Mar 25 10:00 AM | Likes Like |Link to Comment
  • 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[View news story]
    Add your state tax and you are talking a 35% tax. That is robbery!!!!
    Mar 21 04:18 PM | Likes Like |Link to Comment
  • 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. [View news story]
    Hahaha. Were at 13.9T. Russia will claim whatever they now have left. Will make everyone, especially UK, China and Germany want even more.
    Mar 21 04:12 PM | Likes Like |Link to Comment
  • Apple: When Negatives Can Be Positives [View article]
    That's right Tradevestor. And the other thing is making changes to the supply chain, dropping Samsung components, for example. Changes to supply chain have VERY high upfront costs. Up front design and planning costs, but also problems with yield and cost of quality in the early going. People who have never worked in manufacturing and especially semi-conductor or wafer fabs have no understanding of what this involves and how long it takes for all the processes to ramp up. Look for much higher margins this quarter.

    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."
    Feb 27 05:36 PM | 1 Like Like |Link to Comment
  • 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. [View news story]
    Well it's "sleazy" money whenever politicians, central bankers and the "nice government men" are involved..
    Feb 27 02:38 PM | 1 Like Like |Link to Comment
  • 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. [View news story]
    Because it is an "easy money" policy. "Dovish" is associated with a "easy" stance. "Hawkish" on a harsher stance. Bush was a "hawk" on national defense. Carter was a "dove." It was probably just a rhetorical question, but I took a shot at it anyway. :)
    Feb 26 05:23 PM | 1 Like Like |Link to Comment
  • Apple: When Negatives Can Be Positives [View article]
    Just look at what VZ is pushing now on their web site versus a year ago. Technologies that arrived before their time are now finding their place into the mainstream. Fiber to the home (old AT&T idea). iTunesU. AAPL as a music vendor. AAPL as a movie vendor (look out NFLX). AAPL as a major provider of Learning Management Systems (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.
    Feb 25 08:11 PM | Likes Like |Link to Comment
  • Apple: When Negatives Can Be Positives [View article]
    "Money is in the Media - And in Even More in the Medium"

    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.
    Feb 25 05:17 PM | Likes Like |Link to Comment
  • Apple: When Negatives Can Be Positives [View article]
    I totally get that one Tradevestor. I had been hoping some would write this article. Well done.
    Feb 25 04:50 PM | Likes Like |Link to Comment
  • Why Hyperinflation Is A Myth (And What It Means For Gold Prices) [View article]
    As if on your cue, Macro, Bullard came out on the 22nd and did exactly that: Also noted was that all the clamor and frothing clabbor from the FOMC was from "non voting" members.

    http://bit.ly/XT88AO

    What is the best play on UPRO?
    Feb 25 08:42 AM | Likes Like |Link to Comment
  • Is It Time To Buy Gold Via GLD? [View article]
    The real death cross is when the price of gold falls below the S&P. That is the CLEAR sign to BUY GOILD!!!! Yippy Ki-Yay!!!
    Feb 20 10:01 PM | Likes Like |Link to Comment
  • Soros Fund Sells 50% Of His GLD Stake: Is Gold Done? [View article]
    They are not moving to equities. Government debt is starting to consume everything and the death spiral is now beginning. Buy gold and get it physical.
    Feb 20 09:53 PM | Likes Like |Link to Comment
COMMENTS STATS
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