sheridan's Comments sheridan's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/177220/comments When Free Markets Fail http://seekingalpha.com/article/174885-when-free-markets-fail?source=feed#comment-774074 774074 Thanks Nancy!]]> Mon, 23 Nov 2009 17:59:11 -0500 Thanks Nancy!]]> Lunatic Bubble Warning for U.S. Treasuries http://seekingalpha.com/article/172915-lunatic-bubble-warning-for-u-s-treasuries?source=feed#comment-757517 757517

On Nov 12 12:51 PM STOCKHITMEN wrote:

> Since our short report on CIT the company in few weeks went bankrupt,
> some 300 million shares were traded on the day of bankruptcy filling,
> some $400 million were made in this one day.
> Our clients made money, if you were not a donkey you could have the
> Black Jack too, instead you are the monkey reading this crap on SA.
>
> I have a good news today for the rest of the world, look what happened
> to SNV or Synovus Financial stock since it was on our bankruptcy
> alert, it will go bust next.
> This time you can make $800 million and stop complaining about the
> recession. Go to our 2GO BUST link:
> shortlinks.co.uk/p6g]]>
Thu, 12 Nov 2009 14:13:04 -0500

On Nov 12 12:51 PM STOCKHITMEN wrote:

> Since our short report on CIT the company in few weeks went bankrupt,
> some 300 million shares were traded on the day of bankruptcy filling,
> some $400 million were made in this one day.
> Our clients made money, if you were not a donkey you could have the
> Black Jack too, instead you are the monkey reading this crap on SA.
>
> I have a good news today for the rest of the world, look what happened
> to SNV or Synovus Financial stock since it was on our bankruptcy
> alert, it will go bust next.
> This time you can make $800 million and stop complaining about the
> recession. Go to our 2GO BUST link:
> shortlinks.co.uk/p6g]]>
Inflation: Too Early to Worry? http://seekingalpha.com/article/144601-inflation-too-early-to-worry?source=feed#comment-557386 557386 The Country cannot service its total debt and has no way to do so in the future, even with an imaginary 100% tax rate.
So Gov't can default- never going to happen when you own a printing press or Gov't can inflate their way out of it.
I cannot come up with any other solution.
The rein of the dollar is over- it's just going to take some time for transition (10-20 years). Asia has all the money and all the people- don't underestimate what has just happened in this Country- Soros has it right. Doesn't mean the US won't be a nice place to live long term- still have all the food, all the water and democratic government but the run is over. I'm taking lessons in Mandarin.
P]]>
Mon, 22 Jun 2009 10:50:05 -0400 The Country cannot service its total debt and has no way to do so in the future, even with an imaginary 100% tax rate.
So Gov't can default- never going to happen when you own a printing press or Gov't can inflate their way out of it.
I cannot come up with any other solution.
The rein of the dollar is over- it's just going to take some time for transition (10-20 years). Asia has all the money and all the people- don't underestimate what has just happened in this Country- Soros has it right. Doesn't mean the US won't be a nice place to live long term- still have all the food, all the water and democratic government but the run is over. I'm taking lessons in Mandarin.
P]]>
Design A Country Rescue Package Here (Comment Competition) http://seekingalpha.com/article/139476-design-a-country-rescue-package-here-comment-competition?source=feed#comment-517192 517192 Then slash corporate income taxes and place a flat consumption tax on individuals.
Economy would turn for the better]]>
Mon, 25 May 2009 19:28:32 -0400 Then slash corporate income taxes and place a flat consumption tax on individuals.
Economy would turn for the better]]>
Update on U.S. Debt and Fed Assets http://seekingalpha.com/article/139209-update-on-u-s-debt-and-fed-assets?source=feed#comment-515633 515633 I have one:
It is easy to figure out the cost per person for SS and Medicare combined. The baby boomers are getting ready to redeem these entitlements.
What if the US were to offer everybody over the age of 65 one half the net present value of all of their individual estimated entitlements in exchange for their agreement to leave the US and renounce their citizenship? Most of these folks are seperate for cash right now and would probably jump at the chance to cash in and move to Costa Rica or Panama...........
Anyone have a better idea?]]>
Sat, 23 May 2009 17:02:50 -0400 I have one:
It is easy to figure out the cost per person for SS and Medicare combined. The baby boomers are getting ready to redeem these entitlements.
What if the US were to offer everybody over the age of 65 one half the net present value of all of their individual estimated entitlements in exchange for their agreement to leave the US and renounce their citizenship? Most of these folks are seperate for cash right now and would probably jump at the chance to cash in and move to Costa Rica or Panama...........
Anyone have a better idea?]]>
Rising Treasury Yields Could Mean It's Time to Short Them http://seekingalpha.com/article/137113-rising-treasury-yields-could-mean-it-s-time-to-short-them?source=feed#comment-500935 500935 I opened an account at Lind Waldock sold the July futures short and made a bundle- not that hard guys.]]> Tue, 12 May 2009 15:35:13 -0400 I opened an account at Lind Waldock sold the July futures short and made a bundle- not that hard guys.]]> Major Buy Signal Now Flashing for Gold Stocks http://seekingalpha.com/article/132927-major-buy-signal-now-flashing-for-gold-stocks?source=feed#comment-476573 476573 Everybody is bullish- be careful.]]> Fri, 24 Apr 2009 19:44:33 -0400 Everybody is bullish- be careful.]]> 'Helicopter Money' Could Bring Inflation to the World http://seekingalpha.com/article/130091-helicopter-money-could-bring-inflation-to-the-world?source=feed#comment-456327 456327

On Apr 08 05:33 AM Cetin Hakimoglu wrote:

> Sorry, but economic indicators point to a greater risk of deflation
> than inflation. Interest rates are at zero giving the fed plenty
> of room to raise rates as the economy picks up. Hyperinflation isn;t
> a concern whatsoever.]]>
Wed, 08 Apr 2009 11:53:15 -0400

On Apr 08 05:33 AM Cetin Hakimoglu wrote:

> Sorry, but economic indicators point to a greater risk of deflation
> than inflation. Interest rates are at zero giving the fed plenty
> of room to raise rates as the economy picks up. Hyperinflation isn;t
> a concern whatsoever.]]>
Where Are Jim Rogers, Marc Faber and Doug Casey Investing Their Money in This Market? http://seekingalpha.com/article/123499-where-are-jim-rogers-marc-faber-and-doug-casey-investing-their-money-in-this-market?source=feed#comment-409868 409868 Mon, 02 Mar 2009 15:07:14 -0500 12 Reasons I'm Still Buying Oil http://seekingalpha.com/article/121937-12-reasons-i-m-still-buying-oil?source=feed#comment-400431 400431 Seems like he's trying to convince himself he's right- if he were worth listening to he'd list 12 reasons why it could go lower as well.]]> Mon, 23 Feb 2009 15:53:59 -0500 Seems like he's trying to convince himself he's right- if he were worth listening to he'd list 12 reasons why it could go lower as well.]]> USD Outlook: Long Term Bullishness http://seekingalpha.com/article/121704-usd-outlook-long-term-bullishness?source=feed#comment-397968 397968 I doubt anyone on this board or site can touch his record or research capabilities. Jim Rogers, George Soros and Faber all say the dollar is "doomed" or "like GM a short at any price" so I guess its really a matter of your time horizon.]]> Sat, 21 Feb 2009 16:10:02 -0500 I doubt anyone on this board or site can touch his record or research capabilities. Jim Rogers, George Soros and Faber all say the dollar is "doomed" or "like GM a short at any price" so I guess its really a matter of your time horizon.]]> Fending Off a Lost Decade http://seekingalpha.com/article/121819-fending-off-a-lost-decade?source=feed#comment-397964 397964 Sat, 21 Feb 2009 16:01:14 -0500 Obama's Housing Plan: A Step in the Right Direction http://seekingalpha.com/article/121491-obama-s-housing-plan-a-step-in-the-right-direction?source=feed#comment-396819 396819 Take the pain now because it's only going to get worse when you put band aids on cancer patients as Obama is doing.
We don't need stimulous we need to take our medicine even though it may hurt like hell for a number of years.
My kids currently owe $485,000 each in gov't debt- how about yours?]]>
Fri, 20 Feb 2009 12:49:14 -0500 Take the pain now because it's only going to get worse when you put band aids on cancer patients as Obama is doing.
We don't need stimulous we need to take our medicine even though it may hurt like hell for a number of years.
My kids currently owe $485,000 each in gov't debt- how about yours?]]>
Decoding What Gold Is Telling Us http://seekingalpha.com/article/121728-decoding-what-gold-is-telling-us?source=feed#comment-396801 396801 Wall Street is a reflection of a free market system and we wouldn't be in this situation if the US Government did not interfere with the free market system.
Bailing out Chrysler, Bailing out LTCM, Implicit guarantees on Fannie and Freddie, community lending act- this is what has caused things to break down not Wall Street.
I cheer every time I hear a story of rags to riches or riches to more riches -that is what all of us aspire to and the dream is being taken away.
My little kids each now owe $485,000 in US debt and I don't think they should. I may not stick around- Jim Rogers move to Singapore was incredibly timely.
]]>
Fri, 20 Feb 2009 12:41:17 -0500 Wall Street is a reflection of a free market system and we wouldn't be in this situation if the US Government did not interfere with the free market system.
Bailing out Chrysler, Bailing out LTCM, Implicit guarantees on Fannie and Freddie, community lending act- this is what has caused things to break down not Wall Street.
I cheer every time I hear a story of rags to riches or riches to more riches -that is what all of us aspire to and the dream is being taken away.
My little kids each now owe $485,000 in US debt and I don't think they should. I may not stick around- Jim Rogers move to Singapore was incredibly timely.
]]>
Why Are the Fed and Treasury Working Against Each Other? http://seekingalpha.com/article/118964-why-are-the-fed-and-treasury-working-against-each-other?source=feed#comment-379436 379436 A little hypocritical me thinks.
If I am a foreign holder of long term treasuries, wouldn't the Feds purchase drive down yields and offer me the once in a lifetime chance to sell/liquidate my holdings and create an opposite or greater selling pressure? Also, if Fed buys and yields drop, why would anyone else ever step in to buy our debt during that period if it is being artificially manipulated/propped up? When the Fed stops buying prices would collapse and my purchase would be a loser.
Too simplistic?]]>
Sat, 07 Feb 2009 15:51:01 -0500 A little hypocritical me thinks.
If I am a foreign holder of long term treasuries, wouldn't the Feds purchase drive down yields and offer me the once in a lifetime chance to sell/liquidate my holdings and create an opposite or greater selling pressure? Also, if Fed buys and yields drop, why would anyone else ever step in to buy our debt during that period if it is being artificially manipulated/propped up? When the Fed stops buying prices would collapse and my purchase would be a loser.
Too simplistic?]]>
The End of Gold, Part Two http://seekingalpha.com/article/117775-the-end-of-gold-part-two?source=feed#comment-372755 372755 Sun, 01 Feb 2009 18:05:37 -0500 Is the T-Bond Bubble Bursting? http://seekingalpha.com/article/117010-is-the-t-bond-bubble-bursting?source=feed#comment-368412 368412 Wed, 28 Jan 2009 08:50:24 -0500 Portfolio Advice for 2009: Stick to Gold, Stay Away from Stocks http://seekingalpha.com/article/112767-portfolio-advice-for-2009-stick-to-gold-stay-away-from-stocks?source=feed#comment-342746 342746 He's buying.]]> Wed, 31 Dec 2008 13:44:44 -0500 He's buying.]]> TLT Has Momentum http://seekingalpha.com/article/112749-tlt-has-momentum?source=feed#comment-342736 342736 Ignore his columns. Just look at TLT today.]]> Wed, 31 Dec 2008 13:39:40 -0500 Ignore his columns. Just look at TLT today.]]> Buying USO Is a No-Brainer http://seekingalpha.com/article/112262-buying-uso-is-a-no-brainer?source=feed#comment-339905 339905 2010 should be good for USO.]]> Sun, 28 Dec 2008 15:42:33 -0500 2010 should be good for USO.]]> Bubbly Treasuries Will Disappoint http://seekingalpha.com/article/112275-bubbly-treasuries-will-disappoint?source=feed#comment-338938 338938 This market has a standing bid under it and he could hold it here or higher for a long time to come- look what happened in Japan- they held 10 year under 1%.]]> Fri, 26 Dec 2008 17:35:56 -0500 This market has a standing bid under it and he could hold it here or higher for a long time to come- look what happened in Japan- they held 10 year under 1%.]]> Ultra Short Treasury ETF: Have Patience, Money Will Eventually Flow Again http://seekingalpha.com/article/112131-ultra-short-treasury-etf-have-patience-money-will-eventually-flow-again?source=feed#comment-337197 337197 Tue, 23 Dec 2008 22:19:35 -0500 Illogical Justifications for Owning U.S. Treasuries http://seekingalpha.com/article/111738-illogical-justifications-for-owning-u-s-treasuries?source=feed#comment-335203 335203 Sun, 21 Dec 2008 17:20:59 -0500 Deflation Is Just Around the Corner http://seekingalpha.com/article/111198-deflation-is-just-around-the-corner?source=feed#comment-331791 331791 Thus far, it seems to have no effect on appetite for bonds.]]> Wed, 17 Dec 2008 08:48:47 -0500 Thus far, it seems to have no effect on appetite for bonds.]]> In the Long Run, the Dollar Is Dead http://seekingalpha.com/article/110849-in-the-long-run-the-dollar-is-dead?source=feed#comment-331374 331374 The idea of Fed's standing bid in the market to flatten the yield curve has to be the only thing propping up the long end of the market. Even George Soros and Jim Rogers are shaking their heads.]]> Tue, 16 Dec 2008 16:42:16 -0500 The idea of Fed's standing bid in the market to flatten the yield curve has to be the only thing propping up the long end of the market. Even George Soros and Jim Rogers are shaking their heads.]]> Bond Expert: Tuesday Wrap http://seekingalpha.com/article/111009-bond-expert-tuesday-wrap?source=feed#comment-331355 331355 Tue, 16 Dec 2008 16:21:07 -0500 The American Crisis and the Case for an Inflationary Depression http://seekingalpha.com/article/108965-the-american-crisis-and-the-case-for-an-inflationary-depression?source=feed#comment-322038 322038 Also, why does everyone use the word deflation and not dis-inflation?
hard assets were over-inflated and must revert to their true value.
If your house went up 100% in 5 years, it should go down to reflect a 30%ish appreciation level over that same time period. I would not call that deflation.]]>
Fri, 05 Dec 2008 16:10:29 -0500 Also, why does everyone use the word deflation and not dis-inflation?
hard assets were over-inflated and must revert to their true value.
If your house went up 100% in 5 years, it should go down to reflect a 30%ish appreciation level over that same time period. I would not call that deflation.]]>
The U.S. Debt Quandary http://seekingalpha.com/article/108932-the-u-s-debt-quandary?source=feed#comment-319737 319737 US has a very difficult future ahead but we still have all the food, all the water and are more free than most other countries so should work out long term.]]> Wed, 03 Dec 2008 09:52:21 -0500 US has a very difficult future ahead but we still have all the food, all the water and are more free than most other countries so should work out long term.]]> Dollar Rally Should Continue As Recession Reality Sets In http://seekingalpha.com/article/108774-dollar-rally-should-continue-as-recession-reality-sets-in?source=feed#comment-319007 319007 It is a result of forced liquidation.
We're the largest debtor nation in the history of the world.
This will continue for the short term but be ready to short the dollar again once the trend changes- Dollar is doomed!!!!!!!!!!!!!!!!...]]>
Tue, 02 Dec 2008 12:49:02 -0500 It is a result of forced liquidation.
We're the largest debtor nation in the history of the world.
This will continue for the short term but be ready to short the dollar again once the trend changes- Dollar is doomed!!!!!!!!!!!!!!!!...]]>
Bond Expert: Wednesday Outlook http://seekingalpha.com/article/80071-bond-expert-wednesday-outlook?source=feed#comment-179201 179201 How about Bill Gross calling bonds most over valued asset in the world today?
How about negative real rates of return?
Who is dumb enough to buy a 10 or 30 year treasury these days?
You effectively pay the governmenmt forthe right to hold their debt.]]>
Wed, 04 Jun 2008 12:34:00 -0400 How about Bill Gross calling bonds most over valued asset in the world today?
How about negative real rates of return?
Who is dumb enough to buy a 10 or 30 year treasury these days?
You effectively pay the governmenmt forthe right to hold their debt.]]>