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DaLatin

DaLatin
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  • Are You A Scared Silver Investor? [View article]
    The "paradigm shift" would be the Reserve drop ! That will speed up the planned devaluation on steroids and might cause an FDR or Wilson event ! It also slashes the debt by smashing the dollar value. That is the whole principle behind true PM buyers and why they don't buy paper ETFs ! The storage addresses of US ETF's are on file with IRS's Sec Lew....

    That is why I stress silver over gold as the US Law allows commodities to be confiscated ,but, silver is too bulky an has industrial needs .Where as gold has no other use and would be targeted.Again ! Some many IRS rules have recently been put in place an many State's have strict rules buying gold !

    Why ?
    Apr 14, 2013. 05:40 AM | 1 Like Like |Link to Comment
  • Are You A Scared Silver Investor? [View article]
    Come to papa ! I've been a real PM fiend and I stopped buying gold 15 years back because of the price spike.That left silver as the game for me.It shocked me when it went to 50 and for the second time in decades so I sold almost all non important dated coins an bullion.Was a big job ! This was the second time I sold.Also at 50 while the brothers were trying to corner the market.When it hit 50 both times I knew the price was nose bleed....

    Recently,when silver hit 27 and the selling started to be panic like I placed an open call to all the shops ( mostly pawn) in my area that I would buy all coins an small bars at spot. At first I was politely thanked and now the last 5 days the phone is ringing strong. I send my people with there Wi-Fi tablets and the actual spot is current to the second. As it goes lower the shops try and sell asap.! In a buyers market commissions shouldn't need to be paid ! Knowing how to play the game is almost 90% of the battle and if the price goes a little lower it's not that important ! Paper silver or gold is a joke God Forbid real money is needed ! being old I've seen that ! WW2 and my family had to survive on what PMs they had.There paper was good to burn for heat!

    Now, I am buying silver as the sell off has put the cost of mining too high.A slow down or even halting production will occur and even gold is going to see problems. Gold is still on back order at MOST Central Banks and one wonders !

    Since all Central Banks need bullion ( except 1 ) as they see currency devaluation at almost all G 20 countries. Crystal clear the great currency war rages ! I think for real PM hounds this is going to be the glory year ! I may even buy truck loads of gold if we see the 1200s.. bring it on :>)).This may be the chance to exchange loads of the paper crap for real money. Again I wonder how did the BANKS pull this off ?! And they ARE seeing the BRICS new Bank an swap system take hold ! They are getting ready for the next major world event an the US reserve being dropped ?

    I say a 5 year YES ! The handwriting is clear an IMF actions show this ! And, the BRICS will be ready !
    Apr 14, 2013. 04:07 AM | 2 Likes Like |Link to Comment
  • March Retail Sales: -0.4% vs. +0.1% expected, +1% prior (revised). Ex-auto -0.4% vs +0.1% expected. [View news story]
    Weather ! Horrible weather stopped spring buying !

    And the FED.. The Minutes were the most hawkish Minutes in 3 years and the DOW was pounded off the new high ! .A whopping 0.04%.

    And that DOW spanking included the fantastic 3 lowlife symbols of MSFT INTC & HPQ.. Why those 3 pieces of garbage are still in the DOW is kinda embarrassing..

    Oh well..

    Now ! Japan will keep their FED like pumping an trying to drive the YEN lower and lifting their equities ,but,China is in a panic to keep the YUAN from rising ! That's why they will do the FED a favor and buy mega amounts of US Treasury paper too keep the USD up & slow the YUAN's rise. So, the Chinese are the new FED an don't fight the FED/China should keep the equities on most major Indexes around the planet the ONLY game.

    Again I say, yes the economy(s) is/are bad, but, currency devaluation BY DESIGN at G7 countries is worse. You have to see equities are the only safe currency ! Even Gold is following bitcoin ! In the tank.Banks are full of currencies and that makes the real banks in today's world multinational symbols.And, they offer yields way above Treasuries and bank accounts in G7 countries ! Also, above the phony inflation # an real # !

    LONG.. with tight stops,but, these retail sales are not slowing the rich from spending like banshees and they equal 5000 / poor folk in the retail numbers.And,US Gov programs are expanding giving the poor dollars to party with !
    Apr 14, 2013. 03:47 AM | Likes Like |Link to Comment
  • "Expect more pronounced slowing" in mortgage banking and loan demand, says Sterne Agee's Todd Hagerman after this morning's earnings from Wells Fargo and JPMorgan. Mortgage banking income fell as expected, but both banks reported slowing application volumes as well, suggesting future cuts to earnings estimates. XLF -0.8%[View news story]
    This is obvious or should be obvious. Every single report for over a year is stating speculators are buying all cash to rent. All major Banksters have set pools of cash to acquire run down properties to renovate an rent..

    This is an open fact and there are still millions underwater still and many who can't relocate do to employment issues...

    So what, the fact that 90% of these buys was all cash is a much safer situation then Obama wanting to help folks get back into homes like Barney Frank did years back .Actually, that caused the meltdown in the first place.

    New home permits are ok and homebuilders can offer assisted financing an real estate will continue to improve.Already we here noise of a bubble building again ! never ends !
    Apr 13, 2013. 09:59 AM | 1 Like Like |Link to Comment
  • "Windows 8’s usability is proving an obstacle to adoption for consumers, with a learning curve that appears to be retarding growth across the industry," writes CLSA's Ed Maguire in his "downgrade" of Microsoft (MSFT) to Outperform. But he also notes 35%-40% of businesses are still on Windows XP, which Microsoft will stop supporting in a year, and that their upgrade activity could boost Windows sales (probably 7 more than 8). Meanwhile, Merrill (Neutral) estimates consumer PC weakness presents $5B in revenue risk and $0.30 in EPS risk for Mister Softee. [View news story]
    @DAB, yes MSFT does fantastic things for decades, but, great companies can be LOUSY stocks as investments ! 20 year chart shows MSFT has been a poor holding and like INTC an other poor symbols that millions of ppl have been told to buy by "thee" clueless who are in the industry has caused the US retirement portfolios to average 4%/year.

    That's also helped lead to US wealth destruction.back to 40 year low levels,but, the market is making all time new highs !

    MSFT and it's ilk are the reason !

    Too many 1000s of symbols have increased 100 to 500% in value over the same time periods and its so sad me to see 100s of SA ers tout the same old crap !
    Apr 12, 2013. 09:27 PM | Likes Like |Link to Comment
  • "Windows 8’s usability is proving an obstacle to adoption for consumers, with a learning curve that appears to be retarding growth across the industry," writes CLSA's Ed Maguire in his "downgrade" of Microsoft (MSFT) to Outperform. But he also notes 35%-40% of businesses are still on Windows XP, which Microsoft will stop supporting in a year, and that their upgrade activity could boost Windows sales (probably 7 more than 8). Meanwhile, Merrill (Neutral) estimates consumer PC weakness presents $5B in revenue risk and $0.30 in EPS risk for Mister Softee. [View news story]
    @gtempmail.. wow that's a lot of cash ! Toshiba.com starts Window 8 laptops from $299.00 and I've seen sales @ $ 249.00 sales with decent basics ! 17" from $ 499
    Apr 12, 2013. 09:08 PM | 2 Likes Like |Link to Comment
  • "I am amazed every day at this rally," says Jim Cramer. "It's very unusual to have the cyclicals, the techs, the financials and the drugs all move at once. It's reminiscent of other times where we saw a radical revaluation in the market." While others may see it as signs of another bubble developing, Cramer sees little evidence. "The S&P is only at 15 times earnings," he notes, and the bond market continues to be a place where you can't get any return. This rally Cramer says, is for real. [View news story]
    @redarrow5150...Great clip ! hate seeing that suck up ! Funny,folks hate WS banksters and see the Republicans as the cause of WS greed,but, it's suck up Sen.Chuck S who gave them all the perks an IRS exemptions !

    I took every tax break for all my WS years I had accounts in Puerto Rico where it all legally grew tax free !
    Apr 12, 2013. 05:47 PM | Likes Like |Link to Comment
  • "I am amazed every day at this rally," says Jim Cramer. "It's very unusual to have the cyclicals, the techs, the financials and the drugs all move at once. It's reminiscent of other times where we saw a radical revaluation in the market." While others may see it as signs of another bubble developing, Cramer sees little evidence. "The S&P is only at 15 times earnings," he notes, and the bond market continues to be a place where you can't get any return. This rally Cramer says, is for real. [View news story]
    All private medical insurance companies will fold. Obama wants a single payer system like we have down here in Costa Rica . Sad, as folks who can't pay big dollars will die early !

    He said it as a Senator and he will deliver ! Just look at the horror already caused.2014 will usher in the NWO..

    Be prepared... You all can come down here for wonderful care at cheap prices,but, I'd recommend Thailand ! Medical care there is grate cheap and like a 5 star vacation !
    Apr 12, 2013. 05:34 PM | Likes Like |Link to Comment
  • "I am amazed every day at this rally," says Jim Cramer. "It's very unusual to have the cyclicals, the techs, the financials and the drugs all move at once. It's reminiscent of other times where we saw a radical revaluation in the market." While others may see it as signs of another bubble developing, Cramer sees little evidence. "The S&P is only at 15 times earnings," he notes, and the bond market continues to be a place where you can't get any return. This rally Cramer says, is for real. [View news story]
    Well, your entitled to your opinion,but, he's a hero to most of the financial world. And, he isn't alone in his plans.Only Japan resisted his ideas and now they decided to copy his exact move.1.5 trillion of it !

    The days of the 85% WASP rule in the USA is over and right wing folks need to find a country with a Parliamentary system to move to! This way they can have 2 cents to bargain with.Not welcome in US despite what Fox says !
    Apr 12, 2013. 05:27 PM | Likes Like |Link to Comment
  • "Windows 8’s usability is proving an obstacle to adoption for consumers, with a learning curve that appears to be retarding growth across the industry," writes CLSA's Ed Maguire in his "downgrade" of Microsoft (MSFT) to Outperform. But he also notes 35%-40% of businesses are still on Windows XP, which Microsoft will stop supporting in a year, and that their upgrade activity could boost Windows sales (probably 7 more than 8). Meanwhile, Merrill (Neutral) estimates consumer PC weakness presents $5B in revenue risk and $0.30 in EPS risk for Mister Softee. [View news story]
    Well this guy didn't have to do too much work to reach this conclusion ! All he had to do was watch Window 8's t/v debut and seen Balmer unable to demonstrate how it worked ! Omen ?
    Apr 12, 2013. 05:21 PM | 1 Like Like |Link to Comment
  • Fifth Street Finance: A Dip In This 11% Yielder Is An Opportunity [View article]
    @xx, the FED Minutes didn't say which Bonds they'll stop buying ! And, their buying of MBS has raised the value of those Bonds an they will drop if they leave the game. And, rates will rise just from the event..

    I am happy making the move from the ARRs JMIs AGNCs etc who use mostly insured MBS.. The non-agency stuff I'm holding.

    Seems a good move anyway while BDCs were hammered and thus there yields grew.

    Short term to 2015 is an expectation & too far out for us now.We had 2016 as our target by older Fed Minutes,but, were now thinking 2014. And, the "market" sees a year out.So, we moved 50% now while prices are good an profits are nice.Never hurts taking them.

    NOTE : I had posted on SA in Sept 2012 to sell ALL & wait for Obama win ! They by drop ! ALL mriets were purchased in Nov 2012 after the election when the all PLUNGED for a few days !
    Apr 12, 2013. 03:43 PM | Likes Like |Link to Comment
  • "I am amazed every day at this rally," says Jim Cramer. "It's very unusual to have the cyclicals, the techs, the financials and the drugs all move at once. It's reminiscent of other times where we saw a radical revaluation in the market." While others may see it as signs of another bubble developing, Cramer sees little evidence. "The S&P is only at 15 times earnings," he notes, and the bond market continues to be a place where you can't get any return. This rally Cramer says, is for real. [View news story]
    Bubbles yes,but, equities are not close to a bubble and there the only defense from the ones your pointing out. Its the G7 Central's printing creating bubbles in currencies.Not stock symbols who are making real products and services an selling them !

    And, BONDs.. They would be in a bubble,but, China must protect their billion + ppl and they will buy US Bonds in amounts above what the FED did just to support the USD..Or their YUAN will keep soaring !

    Don't worry about me amigo ! I use tight STOPs and have a great talented crew watching the PRE & AH and I can drop a few hundred million and not notice it !

    You better watch the realities of today ! You need to see what the 5 BRICS just did with their new bank an swap agreements ! China just signed with Austraila and that makes 24 in two years ! The WORLD is moving away from the USD despite the strength against the so called "basket" you here quoted everyday ! tic tic tic..

    BRICS are getting ready an 5 years they'll demand the IMF go to all SDR8s.. Viola.. "reserve" gone. THERE is the ONLY bubble you need to worry about !
    Apr 12, 2013. 03:30 PM | Likes Like |Link to Comment
  • "I am amazed every day at this rally," says Jim Cramer. "It's very unusual to have the cyclicals, the techs, the financials and the drugs all move at once. It's reminiscent of other times where we saw a radical revaluation in the market." While others may see it as signs of another bubble developing, Cramer sees little evidence. "The S&P is only at 15 times earnings," he notes, and the bond market continues to be a place where you can't get any return. This rally Cramer says, is for real. [View news story]
    Stop the right wing tv clips. Those days are gone forever ! 54% of the country doesn't see it your way & there numbers are growing.I'm a conservative and agree with PAYGO,but, that's never going to happen in your life time..

    Having moved to the US from Latin America & then left as any smart Latin would do I will tell you.Romey's 29% of their vote was a blessing as many new he wasn't a conservative, Heaven helps the brain dead Republicans if the do run a conservative. He/she will not reach 20% of the Latin vote & Hilary will smash who ever runs ! Get ready for 8 more an then some. Progressives have changed the USA ..

    Want the real skinny.. Read Pat Buchannen's new book and see what will be.
    Apr 12, 2013. 11:57 AM | 1 Like Like |Link to Comment
  • "I am amazed every day at this rally," says Jim Cramer. "It's very unusual to have the cyclicals, the techs, the financials and the drugs all move at once. It's reminiscent of other times where we saw a radical revaluation in the market." While others may see it as signs of another bubble developing, Cramer sees little evidence. "The S&P is only at 15 times earnings," he notes, and the bond market continues to be a place where you can't get any return. This rally Cramer says, is for real. [View news story]
    @MI...Look out for number 1 !!! You and your family ! When in Rome/USA do as it does ! I agree with your overall point & moved all my assets into a Foreign Foundation in 2002 & moved out of the USA in April 2012 & turned in Passport.. I do get the moral destruction amigo ! Pura vida
    Apr 12, 2013. 11:44 AM | Likes Like |Link to Comment
  • Fifth Street Finance: A Dip In This 11% Yielder Is An Opportunity [View article]
    @Duke, good points as FED buying MBS has driven up the price on the asset class and I do like the ones that hedge for the coming rate hike... I did take notice of the Fed Minutes because stone cold doves did change tone.Don't fight the FED with insured MBS
    Apr 12, 2013. 11:36 AM | Likes Like |Link to Comment
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