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nmelendez

nmelendez
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  • Why Bother Diversifying, Just Buy Berkshire Hathaway [View article]
    Larry, you are in a losing argument. BRK is like GE or an ETF. They are diversified. I do not doubt BRK is the next GE. BRK-B did a 50 to 1 stock spilt. That usually means the stock will go back up to it's original value. That means BRK-B back up to 3000 in the long run. A stocks value is only as good as what people think of it, no more. Personally i'm an IBM'er, BRK-B and waiting for NEM to hit 12 to buy in.
    As far as financial advisors, never had one and doing great! Will retire in 2 years!
    Jan 15 07:28 PM | 1 Like Like |Link to Comment
  • Precious Metal Stocks: A Money Flow Selling Climax, And Now The Tide Has Turned [View article]
    Money into gold = Dropping Suns into a Black Hole. Never fill it up.
    Dec 19 07:28 PM | Likes Like |Link to Comment
  • Investing In The Gold Market 2014 [View article]
    One more thing. Money just like gold is a COMMODITY. Nothing else. If you put money in a bank and the bank goes insolvent. You lost you're money. The FDIC can go up to insure 250000 or down to insure only 50000. As a commodity, money will also surge and wane. So always keep some cash under the mattress. Just in case of a money crash, which is a perfect plausibility to eliminate excess liquidity(read debt) in the system. jejeje. Pretty sinister thought of a controlling entity over the sheeple....
    Dec 19 07:25 PM | Likes Like |Link to Comment
  • Investing In The Gold Market 2014 [View article]
    You're preaching to the choir! Debt don't matter! Not when you print the gold...oops money. China wants their bonds...we'll be moooore than happy to print the 1.3 trillion dollars we owe them. Or would they like a 1.3 Trillion dollar minted coin? who cares. Europe's in on it. They buy our treasuries and we buy they're bunds!!!
    That's the whole deal, it really does not matter anymore. Happy Trading DVI. :))
    Dec 19 07:20 PM | Likes Like |Link to Comment
  • Investing In The Gold Market 2014 [View article]
    Gold will go up, gold will go down. Just like any other commodity. All the Fed did is stabilize the market. The banks are sitting on a couple trillion dollars ready to let loose. When everyone was calling Bernanke nuts in 2008 I was rooting for him "go Ben, Go!!!" Drop those trillions on me. Watch what happens when that money hits the main street!ZOOOOOOOOOOOOOOM!! jejeje.

    He who controls gold(money) controls THE WORLD!!
    Dec 19 07:15 PM | Likes Like |Link to Comment
  • Investing In The Gold Market 2014 [View article]
    moved...down.
    Dec 18 08:36 PM | Likes Like |Link to Comment
  • Investing In The Gold Market 2014 [View article]
    That is what I am saying. The same 1 million dollars bought Four 1 million dollar houses. But truly it does not matter if all involved recognize it and accept it as common practice. As long as the Fed supports this principal all will be well.

    This is the main notion of inflation and why the housing bust was so dangerous. The devaluation of properties left banks with liabilities on the books instead of assets. This in turn makes them have to have a larger loan loss margin...well you get it if you understood the concept of the 1.1 million.
    Dec 18 08:35 PM | Likes Like |Link to Comment
  • Investing In The Gold Market 2014 [View article]
    Agreed, there is 692 quadrillion in NOTIONAL value which is covered by 20 trillion in LIQUIDITY...that's my point. Liquidation of notional value represents huge losses if executed. Those 692 quadrillion are DEBT. That's all I am saying.
    Dec 16 12:53 PM | Likes Like |Link to Comment
  • Precious Metal Stocks: A Money Flow Selling Climax, And Now The Tide Has Turned [View article]
    I really enjoyed reading everyone's comments. Personally, I believe gold will hit 1006.14 before rebounding to 2184.00. After that it will normalize quickly at 829.92. That's my take. BTW, On China, China's corps/municipalities/b... have a debt of 3.3 trillion dollars, google it.
    Dec 15 05:26 PM | Likes Like |Link to Comment
  • Investing In The Gold Market 2014 [View article]
    I am a contrarian investor that uses Elliot wave and T/A for predictions. So far it has worked. The herd mentality in this world moves the herd in the direction that the market movers move it. I consider myself the small fish that nibbles at the leftovers from the big fish. So far it has worked. I have been getting ready for gold at 1000. That's when i'll hit the buy. For now I watch and wait.
    BTW I am not a conspiracy theorist but I believe we are still in a bear market. You just have not realized it yet. This surge was the final 5th wave push of the 3rd wave up.
    Dec 15 04:35 PM | Likes Like |Link to Comment
  • Investing In The Gold Market 2014 [View article]
    Did you follow the link and check out the Gross derivatives vs Actual liquidity? Click on the .PDF. It's not what you or I believe, it's what the settlement bank is saying. Besides, is it to far fetched to believe thatfor 21 trillion dolars in liquidity there exists 692 trillion dollars in derivatives? The hedge is only 32 to 1. Even linkedIn has a larger P/E and probably hedge.
    Dec 15 04:25 PM | Likes Like |Link to Comment
  • Investing In The Gold Market 2014 [View article]
    Follow the link:


    http://bit.ly/p0cd0n

    enjoy!
    Dec 15 03:15 PM | Likes Like |Link to Comment
  • Gold Stocks: The Great Contrarian Trade Of 2014? [View article]
    I have to disagree with bfree. I think we are on the verge of the final bull push after gold hits 1,000..and it will hit 1000. I expect
    I am not a gold bug but with China pushing 1.5 billion people to buy gold, 1.5 billion middle east middle class coming up and then 1.5 billion Hindu's buying gold...Gold will hit 1000 and it may go to 750, but that's why you buy PUT's. Gold will eventually go up.
    Dec 15 03:06 PM | 2 Likes Like |Link to Comment
  • Investing In The Gold Market 2014 [View article]
    China's foreign debt is 3.3 trillion. Do a google on it. People are falsely thinking China has no debt. Issue is China can accept or refuse it's agencies/companies/mun... debts whenever it's convenient for them. China will never be allowed to use the Yuan as world currency. They can have trading partners like Brail, Argentina, Cuba and others but the Euro and the Dollar will be the standard.
    Second item, gold is not a hedge on inflation, a currency or anything other than a scarce commodity. US and Europe will make sure of that. In the long term though gold will go up. 4.5 Billion upcoming middle class Chinese, muslim's and Hindu's will see to that. That's my reason to purchase the gold miner's.
    One final thought to the inflationist's out there. I see gold at 700 to 800 down the line, but not before hitting 2200. This is not because of inflation or manipulation but because of false premises. If there is 638 trillion dollars in stocks, bonds, Derivatives and other financial shinanigan's and only 34 trillion in cash, where does the inflation come from? Think about it logically. I could explain but it would be too long.
    Dec 12 08:57 PM | Likes Like |Link to Comment
  • BlackBerry: A Long Strategy For 2014 [View article]
    Going back to 12 before disappearing for good...going way of Nortel
    Dec 12 08:39 PM | Likes Like |Link to Comment
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