nmelendez's Comments

Consumer Credit: Dreadful

Sat, 07 Nov 2009 22:29:14 -0500

Yep, pay off that credit card. Uncle Sam needs you to have extra cash to pay more TAXES in the future. Gotta prop up those banks!!!!

Electric Utilities Stocks: Two (Out of 31) Yielding Over 4%

Sat, 17 Oct 2009 15:58:44 -0400

CPFL is not only in Energy but also real estate in Brazil. Long Term trade.

On Oct 17 12:27 AM THofler wrote:

> Check out the Brazilian utility CPFL Energia (ADR ticker CPL). It
> currently has a 7.1% yield (if calculated correctly). I'm not sure
> what its precise breakdown of energy sources is, but I believe it
> has a lot of hydropower & some biomass.

Will E*TRADE Surprise or Disappoint Wall Street?

Wed, 14 Oct 2009 20:34:26 -0400

E-trade is a lehman waiting to happen. Wait for the Alt-A and adjustable Rate resets in 2010/11

Is This Market Overvalued? Not Yet

Sun, 11 Oct 2009 10:22:00 -0400

What we need are salary increases. Increase everyone's salary by 20% and cut it out of the CEO's pay by taxing them. I like that idea! :)

Yum! Q3 2009 Earnings Call Transcript

Sat, 10 Oct 2009 00:59:11 -0400

China is the major market. It's just now starting to really develop. YUM with a leg in the door, like MacDonald's, is in the best position to capitalize if a yuan/dollar carry trade occurs. I see yum at 10x in the next15 years.

Expect Gold to Reach $3,000

Sat, 03 Oct 2009 22:25:41 -0400

Look, gold is only used as a retainer of value. One ounce of gold today buys the same as one ounce bought in 1935. That's all it is. A retainer of value, nothing more. I would rather have 1 ounce of gold than 1000 dollars. Dollars do not buy the same 100 years from now.

Lockheed Sees 290MW Solar Project It Was to Build Cancelled

Sat, 03 Oct 2009 22:19:08 -0400

Well, right now they are building Solar PV at under 1 USD per watt. In 10 years or less you'll get a Solar PV system included into the house sale. 5Kw will be about 5K plus batteries and accesories so 8 to 9 k for a 5Kw system that is included in the sale of the house. Give it time.

Gold: The Moriarty Warning

Sun, 20 Sep 2009 17:23:51 -0400

Problem with GLD and SLV is theye are taxed as real gold. So when, say, you sell 50% of your GLD it gets taxed at 28% while the miners are considered stocks and taxed at the capitol gains rate. Sorry, i am not about to increase my taxes by 8%. Also i believe it's considered a short term gain on an annual basisi so you get taxed annually independant of time held. I think i'll stick with the real thing and the miners.

SunPower: Made in the U.S.A.?

Mon, 14 Sep 2009 19:37:44 -0400

Well heck, look at McD's and GM. Their big profits are from Asia. McD's has a target of 10,000 "restaurants" in china in the short run. GM is gettting a 10% yoy growth in Asia. That's the way trade should really work. You interchange companies. Screw imports. Build it here, buy it here,

Dollar and Precious Metals: Apocalypse Not Yet?

Mon, 14 Sep 2009 19:30:29 -0400

Gold, Silver and commodities going down. My only doubt is will it be before or after the dollar passes below 76. Waiting for confirmation. I do not know how low the govt will let the dollar go. Gold up to 1200 and then down to 680. That's my forecast.

Who Else Has Been Buying Gold?

Mon, 14 Sep 2009 19:21:39 -0400

Gold is about to hit a top. China's buying gold from their own companies. Look up China Gold. Therefore do not think china is buying from the outside. The people, yes but it's limited. Gold is in the process of a major correction.

Canary in the Gold Mine

Sun, 13 Sep 2009 18:42:51 -0400

Most countries are buying the gold mines within their borders and buying their own gold while leaving the company on the market. You can buy their shares, you just can't change the management, it's fixed. However it still provides good investment strategy since these companies will survive due to Govt. financing. Private companies are going to be forced to pay higher premiums in the long run.
Example of this is China Gold.

Negative Interest Rates May Become a Reality in Europe

Tue, 08 Sep 2009 23:23:19 -0400

Naw, just cause your Credit Card to go to 50%. :)

On Sep 08 06:14 PM LKofEnglish wrote:

> and this will cause the banks to lend? or to ask for more bailouts?
> i'm confused.

Securitizing Life Insurance: Big Return for Asian Insurers as U.S. Insurers Lose Out

Tue, 08 Sep 2009 23:21:17 -0400

Great, now we gave Wall Street a motive to finance the Taliban a Nuke and set it off in LA. (Can't do it in NY, Wall Street :))

Good Times for Gold Traders

Sat, 29 Aug 2009 18:34:59 -0400

Ohhhh...so you hold your gold in a vault theefore its real, physical...just like mine, wanna see a picture of my bars..IN MY HAND!!! That's holding physical, not in a bank in lala land.

On Aug 28 05:54 PM AlphaDude wrote:

> Good explanation of how these gamblers operate. I prefer to hold
> physical and don't gamble with it.
>
> I've given these a shout out before so forgive me for repeating but
> they really do provide an excellent service for a minute premium.
> It's where I got my gold.
>
> www.bullionvault.com

Gold: Four Reasons to Expect September Gains

Sat, 29 Aug 2009 18:25:52 -0400

Pump up the market, fed....pump up the market!!!!

Gold: Four Reasons to Expect September Gains

Sat, 29 Aug 2009 18:24:53 -0400

Only way for gold to rally is for Stocks going higher, in which case my stocks will rise. However if stocks go down the dollar will go up which will cause a dip in the price of gold. My opinion, we just got thru wave 2 of 3 and wave 3, the monster coming up. I see stocks going thru the roof causing gold to go up. After all, if AIG, Fannie and freddie can make 300+% gains...well just tells you the fed is burning the shorts.
jejeje :)

Sobering Stat: ARMS Index Indicates Market Is at Peak, Not Bottom

Sat, 29 Aug 2009 18:10:08 -0400

Look, this is a trader's market. FORGET LOGIC!!! When you see a stock starting up, follow it 60% then sell, sell, sell. I bought in March. I now sold enough stock, which was only 20% of my holdings, to recoup my investment. When my other stocks go down 15% i will sell them all and wait for a bottom...and buy again....and again....and again! My total gain on this trade will be around 340%. Tha'ts the way you play this market. I suggest you learn the rules.

Oil Rallies, But We Prefer Gold

Sun, 23 Aug 2009 10:59:43 -0400

I believe he explained better why he did not like oil. I am of the same opinion, but for my own reasons.

On Aug 22 08:00 PM toobad41 wrote:

> Did I miss something? I did not see anything that mentioned why
> you prefer gold except in the last sentence. No graphs, no recommendations,
> nothing.

Markets Aren't as Benign as They Look

Sun, 23 Aug 2009 10:55:31 -0400

What is really funny is everyone is looking at the US economy and obviating the rest of the world. In 2010 the UAE will establish it's Central Bank and issue it's currency. What will it be based on? Will oil still be bought in dollars or will we have to exchange dollars for their currency? Iran and Russia are already selling oil to China in Rubles and Euros. China is entering into currency swap agreements with Brazil, Argentina, Belize, Iran, Russia and various African nations. Will American companies in these countries be forced to accept the agreements? If not will they have to sell their assets to that country for their currency? Remember their is over 4.5 trillion american debt dollars out there. There does not have to be an official change of world currency, all they have to do is accept the US dollar as world currency and ignore it. So what, they have their own arrangements. It's a brave new world and the US is no longer the center of the universe.

Dollar to Lose Reserve Status - But Is There an Alternative Currency?

Thu, 20 Aug 2009 10:25:29 -0400

Oh really? And then how do you think you will have growth when China, India and UAE are 50% of the world population(read consumers) while the US is only 5% of the population? If you want growth you NEED to get involved in other countries. Besides with all the IPO's in dollars don't you think other countries have a stranglehold over US? Oop's, 80% of the companies you invested in in China went bellyup!!!! jejeje. So where's the money?

On Aug 19 09:49 PM KIT wrote:

> Never underestimate the governments ability to suprise.
>
> They can at will ban US ownership of non US currencies or to raise
> money by taxing profits made in euros or any specific currency.

>
> The US will force the use of USD if it needs to

Are Financial Stocks Preparing for 'The Fall'?

Wed, 19 Aug 2009 18:22:00 -0400

Theyre trading them up to then short them. It's not new money in the market, It's Uncle Sam's (YOU'RE money) being traded. Suckers :P

Dollar to Lose Reserve Status - But Is There an Alternative Currency?

Wed, 19 Aug 2009 18:00:18 -0400

13 trillion debt dollars/(300 million person) =
43,333 debt dollars/person
8236 tons of US Reserve gold = 262 million ounces gold
26200 =.87 ounces/person

43,333 debt dollars/person/(.87 ounces/person) ~ 50,000 debt dollars/ounce of gold jejeje

WOW i'm rich :)

Dollar to Lose Reserve Status - But Is There an Alternative Currency?

Wed, 19 Aug 2009 17:44:23 -0400

Dang, i said that last 2 years. Rates will be based on debt versus GDP. The bigger the number the less the value of the money. After all, China needs more from Brazil/Mexico than either of these need from China. US will become a major MAJOR arms exporter. That's what we do best, WMD!

On Aug 19 03:50 AM manya05 wrote:

> The flaw in the thinking is that there will be "A" reserve currency.
> The fact there has always been one does not mean there needs to be
> only one. I see the dollar and the euro coexisting as reserve currencies
> in the near future. But I also see a rise in the number of bi-lateral
> agreements in which trade will be carried out without going through
> either major currency. I see a strong China-Brazil axis emerging
> (and now Mexico getting into it too), and these countries will trade
> in their own currencies, no dollars, no euros. As a result, central
> banks will have to start using multiple currencies as part of their
> reserves.

Buffett's Latest NYT Op-Ed: The Greenback Effect

Wed, 19 Aug 2009 17:31:46 -0400

On Aug 19 11:40 AM John Lounsbury wrote:

Louns,

You are both right. Your forecast is 10 to 12 years down the road. Ace's prediction are for the next 10 years. As the market deflates and credit bust really takes off you will see prices collapse as demand for dollars, not credit, is the enabling factor.
So for now deflation with a future prediction for inflation. Now here's the tricky part to make the buck, timing!!!!!

> Market Ace - - -
>
> You wrote:
>
> "I think the inflationist are missing a very important point They
> mistake those green pieces of paper that Bernanke keeps printing
> and dumping on the banks so they can buy US Treasuries as money and
> this "excess" money will cause inflation."
>
> I feel you have argued well, but missed one point. There is inflation
> and the bubble is now in Treasuries. My view is that when this bubble
> breaks the next inflation bubble will be in commodities (basically
> the dollar and other currencies undergoing devaluation). While inflation
> in Treasuries can occur without flowing through to what people buy
> (in fact Treasuries can bubble when there is deflation elsewhere).
> With the commodity bubble, rising costs will flow through to consumer
> prices and broader inflation will occur.

Inflation vs. Deflation: A Matter of Money Supply and Demand

Mon, 17 Aug 2009 13:04:10 -0400

You are dead wrong. inflation is not equal to money supply, Inflation is equal to money supply PLUS credit. Just ask those whom saw the value of their homes go down. So if you have 7 trillion dollars and 30 trillion in credit, what happens when credit goes to 5? I think the mv=pt has to be modified to include credit since credit IS real money.
That's the factor everyone is obviating and why gold will go down to 680 and the dollar will rally to 120. Everyone will want real dollars, not credit dollars.

U.S. Dollar, China Stocks Flash Warning Signals

Sun, 16 Aug 2009 19:01:07 -0400

Like, Wall Street is a free market? You're kidding right? I am going to like to see GS manipulate oil prices when China decides enough is enough with the dollar/commodities monopoly.

"Based on my experience in the China stock market, it is pretty much like every thing else in China... it is managed or controlled by the central government. I'm not saying it's manipulated, it's just that China's stock market is still not the free capitalist environment that we are more used to."

Will Gold Hit $1,000 This Fall?

Sun, 16 Aug 2009 13:00:22 -0400

Gold is trending sideways for now. I'm more in the deflation camp than the inflation camp. Misconception: Inflation=money printed.
Reality: inflation = money printed PLUS credit. Credit busts, inflation goes down. i.e.depression. As far as what gold will do, i am not sure. If people start useing gold as a hedge it's price will skyrocket. If they stay in dollars, gold price goes down. It will all come down to Human psyche.

Why This Rally Will Continue

Thu, 13 Aug 2009 22:14:34 -0400

BTW i love the story about paulson putting 350 billion in BA. Too bad the story does not include the stocks all have put protection. :). "Fools and their money are easily parted".

Why This Rally Will Continue

Thu, 13 Aug 2009 22:12:17 -0400

Wonder what will happen to earnings when those who got cut stop buying along with the rest of the US who are afraid of losing their jobs. Anyone want to offer an opinion? :)