Erick Tippett

Option Trader Friday Outlook: Is the Dollar Going UUP?

The federal reserve board here is quite expert at creating
bubbles, commodities are merely the latest convenient
vehichle for their specious economic philosophy, though I
agree with Prechter that gold can be tricky and may be wildly
overvalued at present. But there is also the argument that
it is highly undervalued as well. Time will tell which argument
is most accurate as this market continues to give signals that
perhaps a severe correction is at hand with a strong dollar rally
certainly fitting that scenrio, it may not be far off at all!

Erick Tippett
Chicago, Illinois

Paul Tudor Jones: Gold's Undervalued and Bonds Are a Curve Flattener Play

This is interesting, Tudor's econometric model confirms, according
to him, gold as undervalued by 20%. Robert Prechter's Gold/Dollar
1913-2009 comparative chart/model confirms gold as overvalued
by 50%! What we can use here in regard to this highly emotional
and obsessive controversy is a fiercely objective editor on this
website to present a detailed analysis of both views so that the
investing public can make their own determination concerning gold.

Erick Tippett
Chicago, Illinois

Paul Tudor Jones: Gold's Undervalued and Bonds Are a Curve Flattener Play

This is interesting, Tudor

The Trend Is Your Friend Until It Ends

You're absolutely right. One must understand "true diversification"
in order to have had any beneficial involvement with hedge funds
during this cycle. And of course one must have some medium
for knowing which hedge funds were going to be lucrative and
which ones were not and most people either lack the skill and or
or patience you apparently possess, if in fact you experienced the success you've claimed.

Erick Tippett
Chicago, Illinois

The Next Major Crisis Brewing

Your guess is probably right for all the reasons you've
so clearly explained!

E. Tippett
Chicago, Illinois

Marc Faber: Equities Safer than Dollars

It is always refreshing and informative to hear Mr. Faber speak on
economic issues and the economy. I thought I was the only one
who recognized that our government houses 'fiscal criminals' as
a matter of course!

But as they say, "it takes two to tango"! Of course only a brain- washed, apathetic public allows such vermin to be elected and
appointed in the first place!

E. Tippett
Chicago, Illinois

You Can Spend Your Way Out of a Recession

Mr. Mc Teer,

"More spending is needed to generate more income. Therefore
more spending will do the job". Where is the money for all this
spending going to come from, the public that has been the driving
force of this economy by 70% or so as unemployment continues
to rise? Production, the result of job growth has been the only
remedy for recessions and only after toxic elements in the system
economically have been flushed out. Have you any data that
confirms any society that has recovered from a recession by
any means other than job creation? I haven't! What will you do
when your money runs out and you have no more to 'spend'?
Shed some 'Teers'?

By the way, I know that the author of this article did not quote the
comment Hayek supposedly made alleging Keyne's 'greatness',
so I went to the website (hayekcenter.org) to veryify for myself and agree with the listed commentary made earlier by another web visitor. Not one of the 13 or so comments I observed attributed anything to Keyne's comming from Hayek that amounts to a compliment of even so much as Keyne's having barely more than a rather primitive understanding of economics or that much of an interest in the study of it either!

Strange how the thinking of a segment of the population can be
so skewed. But that no doubt explains why the leadership which
foster and intensify these needless economic fiascos get to hold
office in the first place. They get elected and re-elected by those
folks who unfortunately constitute the voting American majority!
Strange how a nation founded upon the word Independence seems
to have such a problem electing "Independent" candidates to office!
Whenever I view the voting tallies in congress and the senate on ESPN, I see Republican and Democratic votes, but none for any
Independents!

How sad for what should be an advanced democratic system
and a model to the world of societal and fiscal excellence. How
sad indeed! Yet again on second thought, perhaps the old saw
still lives "you have to give the people what they want" and these
'people' love their popularity contest winning pathalogical liars who promise what hey can never deliver in order to get elected and proceed to screw the taxpayer who is paying for all of this, just in case you hadn't noticed!

Erick Tippett
Chicago, Illinois

Why Is Paul Volcker Being Ignored?

I have wondered about Mr. Volker and was quite amazed to see
him sit around in the present administration having to wait on
queue to see the president! In my opinion he is the only person
in anyway connected to the present administration who could
possibly offer substantive policy conerning the economy based
upon both his performance in the Carter and Reagan administra-
tions and his background.

My question is why he has waited so long to speak up concerning
economic issues. What does he have to loose? His 'job', his
popularity. I don't think so.

Erick Tippett
Chicago, Illinois

Economic Recovery: Determining the Undeterminable

I agree with the comments of those who understand this is a
market determined by market mood and the skillful and adroit
machinations of seasoned traders expert in timing them. After
all that's how they make their living, they should be that good
at it! They have no doubt figured out already when this rally is
going to dry up, or if not will pick up the signals like ravenous wolves as and when the haunting hour approaches.

This economy has nothing to do with the markets in any manner
whatsoever!

Erick Tippett
Chicago, Illinois

Recent Oil Rally: Another Crowded Trade

You think oil and natural gas prices are going lower here and
globally in the future? When China and India begin accelerating
their purchases of automobiles you will see what supply and
demand can do to oil prices in a way you have not yet witnessed!

E. Tippett
Chicago, Illinois

Is the U.S. Dollar Finished?

I concur, Robert Prechter has been saying for quite some
time now that Gold will top even if it goes over $1,000.00 and
the Dollar will experience a significant rally, problem is timing.
When will they top and bottom? That is the question.

E. Tippett
Chicago, Illinois

Strong Start for Bull Market, But Investors Are Nervously Eyeing the Exits

Sir,

You don't define whether this is a secular bull market or a
cyclical bull rally in a larger trend bear market secular in
nature. As a consequence your information could be harmful
to inexperienced investors who don't have the educational
background in market cycles to differentiate between the two!

Try to be instructive as well as analytical in your future articles.

Thank you.

Erick Tippett
Chicago, Illinois

Money Supply: The Myth of Hyperinflation

Mr. Sunshine,

Not to rain on your parade (and I do agree, Mr. Bernanke and
company have proven skillfull in shifting money around from
pillar to post, and I do agree that there has not as of yet been
a frenzy of printing press activity at the FED ), but the history
of central banking systems does not augur well for financial
stability and never really has. Regardless of the polished
balancing act Mr. Bernanke and his jongleurs pull off with impressive aplomb, the die has already been cast for serious
heavy duty deflation/depression and an examination of the
historical data on the Federal Reserve Board bears this out,
a fact you fail to mention.

E. Tippett
Chicago, Illinois

Marc Faber: Buy a Machine Gun

"I wonder WHO on earth would have faith in the U.S.
Administration? Certainly, not someone who thinks".

But Mr. Faber, wasn't that the reason Adolph Hitler once
made the comment before the start of World War II that
it is the people who don't think (according to a History Channel
presentation) who make it so wonderful for the governments
to do as they please?

That certainly explains the present crisis concerning central
banks that have been pointed out by Ludwig Von Mises and
others but ignored by the people who don't think, the majority
voting populations here and in Europe where all this stuff
orginated? They came to this continent then conterfeited and
devalued the lucrative wampum of the Pequot Indians before
massacring them and taking their land! The present world
economic malaise has its roots centuries deep and needs to
be thoroughly studied and evaluated by all those who do think!
A competent educational system in so called democracies
should have provided truthful historical instruction concerning
this and other issues years ago and affluent citizenry should
have demanded such whenever it went lacking. Unfortunately
a brainwashed public lacks the awareness and presence of
mind to demand such things of their elected officials in the so
called modern "democracies". They apparently find other things
more important to their everyday concerns such as having their
neurtotic fantacies satisfied and thier hedonistic desires indulged.
Do the "hard working Australians function in that manner in their
day to day existence, I don't think so.

All this is a sad testiment to a lie that the people who don't think either cannot or do not want to see or hear about!

Erick Tippett
Chicago, Illinois

Weekly ETF Rewind: Short Term Top or Consolidation Before Pop?

Pop, top, geschlop! We can all read charts by now. So what?
Geflop!

E. Tippett
Chicago, Illinois