Seeking Alpha

Virgilio » Comments |

Sort by:
Latest | Highest rated
  • We've Only Just Begun - Cramer's Mad Money (10/22/08) [View article]
    Had followed Cramer when he said 2008 was the year of natural gas and to buy wildcat drillers such as REXX, HK and to now buy high dividend paying stocks. He changes more than our volatile market with even less reliance. Oh, and he said sometime ago that we would probably have a V not an L recession, if we had one. He joins the ranks of rating agencies.
    Oct 23 10:12 am |Rating: 0 0 |Link to Comment
  • Not Your Grandfather's Great Depression [View article]
    Agree, banks create money out of thin air through fractional reserve banking, which adds to the inflationary spiral of the money supply. (The other culprit is the Fed.) This will not be abated unless and until there is a monetary crises big enough and long enough and painful enough to cause massive changes in our monetary system. Until then, we will continue to kick the can down the road to the next generation.
    Oct 20 15:34 pm |Rating: +2 0 |Link to Comment
  • Not Your Grandfather's Great Depression [View article]
    Peter Schiff is right on, and I wish it were not so. As the 1 trillion + dollars in new money pours into the credit and financial markets and ripples outward, the early receivers of the new money will benefit but those who are at the end of the chain, mainly the poor and those on fixed income, will never benefit; moreover, they will be hurt substantially as the constant dilution of the money supply will cause prices to rise even more. The meddling by FDR's New Deal caused what would have been a 2-3 year severe recession into a ten year depression. The egoism of the wizards, Ben and Hank, coupled with the doltishness of George, Nancy et al will result in much misery for all, not sooner but later.
    Oct 20 11:04 am |Rating: +2 0 |Link to Comment
  • Things Aren't as Bad as They Seem - Barron's [View article]
    "Things aren't as they seem, skim milk masquerading as cream." Gilbert and Sullivan.
    Oct 20 10:40 am |Rating: 0 0 |Link to Comment
  • Four Stocks that May Go Up After the Temporary Bottom [View article]
    No mention of amount of yield, though I guess we can all figure it out on our own. What about PFE yielding about 7.2% at current price with a big enough cash draw to cover?
    Oct 08 10:59 am |Rating: 0 0 |Link to Comment
  • Four Stocks that May Go Up After the Temporary Bottom [View article]
    No mention made of yield at those prices, though I guess we can figure it out. What about PFE yielding 7.5% with a big cash drawer to cover?
    Oct 08 10:57 am |Rating: 0 0 |Link to Comment
  • The U.S. on the Precipice  [View article]
    It is axiomatic, that an organization too big to fail, i.e., Frannie, has become too big to exist as it is. I'm amazed by a previous post that opines SS is mandatory for those who are too profligate to save for themselves but what has been set up, SS, probably won't be there when needed. And that's a good thing?
    Sep 15 10:28 am |Rating: 0 0 |Link to Comment
  • The Fannie/Freddie Bailout: Consequences to the U.S. Taxpayer [View article]
    Memo to all frogs: If you haven't jumped out of the boiling water yet JUMP NOW!
    Sep 10 11:06 am |Rating: 0 0 |Link to Comment
  • Fannie/Freddie Bailout 'Disastrous Fiasco' [View article]
    What me worry? Inflation will bail us out. Foreign governments will bail is out. The American taxpayer of the future will bail us out. All is well.
    Sep 09 11:38 am |Rating: 0 0 |Link to Comment
Comments by Ticker
Virgilio's
Comments Stats
9 comments
Rating: 4 (4 - 0 )