ZagnZig's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/186407/comments http://seekingalpha.com/article/145483-gold-green-and-the-fate-of-the-dollar?source=feed#comment-563867 563867
Thanks for sharing your info and providing the lead - I will research some of the juniors !

Thanks for sharing,]]> Fri, 26 Jun 2009 13:29:31 -0400
Thanks for sharing your info and providing the lead - I will research some of the juniors !

Thanks for sharing,]]> http://seekingalpha.com/article/145483-gold-green-and-the-fate-of-the-dollar?source=feed#comment-563219 563219
Interesting quotes:
“spectacular gains to be had in the smaller silver miners if you choose wisely”

“the precious metals junior miners are going to be one of the best-performing sectors in the next few years. Silver miners ought to be just spectacular.”

Thanks in advance !]]> Fri, 26 Jun 2009 06:57:13 -0400
Interesting quotes:
“spectacular gains to be had in the smaller silver miners if you choose wisely”

“the precious metals junior miners are going to be one of the best-performing sectors in the next few years. Silver miners ought to be just spectacular.”

Thanks in advance !]]> http://seekingalpha.com/article/127613-risks-abound-at-ubs?source=feed#comment-438250 438250
UBS is backed by the full faith of the Swiss Govt - they created a toxic fund to remove the bad loans from UBS balance sheet. The bank is profitable qrt-over-qrt and in fact has one of the best franchise values in banking. UBS is the only bank to have cracked the CHINA banking and is considered a must have with the Chinese. Now is the time to buy UBS - you will double your money in 1 year.

Get your facts straight!]]> Tue, 24 Mar 2009 11:59:50 -0400
UBS is backed by the full faith of the Swiss Govt - they created a toxic fund to remove the bad loans from UBS balance sheet. The bank is profitable qrt-over-qrt and in fact has one of the best franchise values in banking. UBS is the only bank to have cracked the CHINA banking and is considered a must have with the Chinese. Now is the time to buy UBS - you will double your money in 1 year.

Get your facts straight!]]> http://seekingalpha.com/article/93179-fannie-and-freddie-rising-to-big-cash-or-another-fake?source=feed#comment-437749 437749

On Aug 29 10:54 AM ArchDukeFerdinand wrote:

> The common shareholders of FRE and FNM will not fail. Why? The FDIC
> has
now
> explicitly guarantee the debt of FRE and FNM. The GSE managements
can
> issue debt whenever a contingency requires it.]]> Tue, 24 Mar 2009 05:58:56 -0400

On Aug 29 10:54 AM ArchDukeFerdinand wrote:

> The common shareholders of FRE and FNM will not fail. Why? The FDIC
> has
now
> explicitly guarantee the debt of FRE and FNM. The GSE managements
can
> issue debt whenever a contingency requires it.]]> http://seekingalpha.com/article/97624-smithfield-foods-recent-slide-offers-meaty-buying-opportunity?source=feed#comment-437747 437747

On Sep 28 09:06 AM PeteK wrote:

> Last friday, sold everything, and loaded up with AIG shares.
> Like cutting a big tree with a steak knife but it can be done.]]> Tue, 24 Mar 2009 05:54:17 -0400

On Sep 28 09:06 AM PeteK wrote:

> Last friday, sold everything, and loaded up with AIG shares.
> Like cutting a big tree with a steak knife but it can be done.]]> http://seekingalpha.com/article/127261-added-debt-won-t-rescue-the-great-american-ponzi-scheme?source=feed#comment-437746 437746
Imagine the “solution” this author proposes: C, BAC, WFC, MS, AIG, FNM, FRE, JPM…all failing? What sort of solution would that be? Any suggestion that letting them fail would be better than our current predicament is nonsense! What grocery store would remain; would you still have your job? How would you feed your family or keep them warm?

Violent civil unrest would ensue. The nation would be blown to pieces.

Reading the comments here makes me wonder if the people who think bank failures are the cure are not honestly considering the final consequences of their decisions.
]]> Tue, 24 Mar 2009 05:50:39 -0400
Imagine the “solution” this author proposes: C, BAC, WFC, MS, AIG, FNM, FRE, JPM…all failing? What sort of solution would that be? Any suggestion that letting them fail would be better than our current predicament is nonsense! What grocery store would remain; would you still have your job? How would you feed your family or keep them warm?

Violent civil unrest would ensue. The nation would be blown to pieces.

Reading the comments here makes me wonder if the people who think bank failures are the cure are not honestly considering the final consequences of their decisions.
]]> http://seekingalpha.com/article/113817-what-is-going-on-with-gold?source=feed#comment-350479 350479 EU Petrol, (Ex-Taxes) is NOT anywhere near the prices in the USA.
US Petrol, (Ex-Taxes) is 4 times cheaper.
CH Petrol, (Ex-Taxes) is 3.2 times cheaper than EU prices.
(I live in Switzerland and compare frequently ! )
But Paultaut is correct: Petrol Tax represents more than 65% of sales price!

On Jan 08 11:50 PM Paultaut wrote:

>PS Petrol in Europe, Ex-Taxes, costs about the same as it does in
the USA. The Europeans made a decision a long time ago to force their
citizens to use more efficient, higher mileage cars. I do not know what
the tax rate is currently but imagine it is still more than 50%.
]]> Fri, 09 Jan 2009 06:39:31 -0500 EU Petrol, (Ex-Taxes) is NOT anywhere near the prices in the USA.
US Petrol, (Ex-Taxes) is 4 times cheaper.
CH Petrol, (Ex-Taxes) is 3.2 times cheaper than EU prices.
(I live in Switzerland and compare frequently ! )
But Paultaut is correct: Petrol Tax represents more than 65% of sales price!

On Jan 08 11:50 PM Paultaut wrote:

>PS Petrol in Europe, Ex-Taxes, costs about the same as it does in
the USA. The Europeans made a decision a long time ago to force their
citizens to use more efficient, higher mileage cars. I do not know what
the tax rate is currently but imagine it is still more than 50%.
]]> http://seekingalpha.com/article/97624-smithfield-foods-recent-slide-offers-meaty-buying-opportunity?source=feed#comment-269358 269358 On September 28, 2008 You wrote: "The shares present downside risk of about $4, but upside potential nearing $12, providing a juicy 3.0 risk reward ratio."
After yesterdays -777 pt. crash, SFD trades at $14.36! COME ON!]]> Tue, 30 Sep 2008 06:58:14 -0400 On September 28, 2008 You wrote: "The shares present downside risk of about $4, but upside potential nearing $12, providing a juicy 3.0 risk reward ratio."
After yesterdays -777 pt. crash, SFD trades at $14.36! COME ON!]]> http://seekingalpha.com/article/97137-u-s-financial-crisis-a-boon-for-japanese-banks?source=feed#comment-264498 264498 MFG), Mitsubishi UFJ (MTG) ..."

Neither of these ticker symbols are accurate. How does an investor in US exchanges participate?
Thanks]]> Thu, 25 Sep 2008 07:02:56 -0400 MFG), Mitsubishi UFJ (MTG) ..."

Neither of these ticker symbols are accurate. How does an investor in US exchanges participate?
Thanks]]> http://seekingalpha.com/article/96705-5-things-you-can-bet-on-following-the-treasury-s-plan?source=feed#comment-263248 263248
But that misses the whole point of the function of a reserve currency. In any and all events, the world MUST have a reserve currency. No? Therefore, many people are commenting about possible ‘diversification alternatives’. But there are no alternatives – and none in the offering in the next decade.

Which currency do you think would arise as a “major reserve” ?
THIS WEEK the worlds central banks desperately needed extra reserves.

Whether you agree or not about the propriety of such actions. consider the $ allocation in last 5 days,
ECB $110B
CHF $27B
GB $40B
CAN $10B
JPN $60B
USA $55B and another $30B to AUS and the Scando countries today.

The point is, there is simply no other currency which could possibly match these amounts to bolster the “reserves” of other central banks. The $ is the reserve by the very fact that it is so readily available and accessible.

The ultimate function of any reserve currency is utility and expedience. It is not necessary any preconceived “value” of that currency in relation to another currency or commodity.

Am I crazy? I am American and deeply sadden by our current problems.]]> Wed, 24 Sep 2008 07:49:26 -0400
But that misses the whole point of the function of a reserve currency. In any and all events, the world MUST have a reserve currency. No? Therefore, many people are commenting about possible ‘diversification alternatives’. But there are no alternatives – and none in the offering in the next decade.

Which currency do you think would arise as a “major reserve” ?
THIS WEEK the worlds central banks desperately needed extra reserves.

Whether you agree or not about the propriety of such actions. consider the $ allocation in last 5 days,
ECB $110B
CHF $27B
GB $40B
CAN $10B
JPN $60B
USA $55B and another $30B to AUS and the Scando countries today.

The point is, there is simply no other currency which could possibly match these amounts to bolster the “reserves” of other central banks. The $ is the reserve by the very fact that it is so readily available and accessible.

The ultimate function of any reserve currency is utility and expedience. It is not necessary any preconceived “value” of that currency in relation to another currency or commodity.

Am I crazy? I am American and deeply sadden by our current problems.]]> http://seekingalpha.com/article/93179-fannie-and-freddie-rising-to-big-cash-or-another-fake?source=feed#comment-241549 241549 Everybody knows that anyone buying this stock is strictly speculating –
The common shares are completely and totally worthless!!! Get it? Even the preferred big boys are lobbying congress trying to get 10 cents on the dollar for their preferred’s.
The rush out the door is going to happen in the next day or two and do you know how fast the fast money really is?
]]> Fri, 29 Aug 2008 09:43:47 -0400 Everybody knows that anyone buying this stock is strictly speculating –
The common shares are completely and totally worthless!!! Get it? Even the preferred big boys are lobbying congress trying to get 10 cents on the dollar for their preferred’s.
The rush out the door is going to happen in the next day or two and do you know how fast the fast money really is?
]]> http://seekingalpha.com/article/75609-annaly-capital-management-inc-q1-2008-earnings-call-transcript?source=feed#comment-163226 163226
Has any body considered the following?
CNBC is discussing FNM, FRE, the implication of the Fed's move and what they both have become now. What I would like to consider is:

1) What is Freddie Mac?

Freddie Mac is a stockholder – owned corporation chartered by Congress to increase the supply of funds that mortgage lenders, such as commercial banks, mortgage bankers, savings institutions and credit unions, can make available to homebuyers and multifamily investors.

Imagine NLY integrating itself into the mechanisms of these "owned corporations chartered by Congress"...and becoming a integral part of the overall operation. Any chance they could carve out 'indispensable' niche? Or, as I suspect, NLY is one of a great man players and just too easily replaced?

Thanks to all,
]]> Wed, 07 May 2008 08:22:29 -0400
Has any body considered the following?
CNBC is discussing FNM, FRE, the implication of the Fed's move and what they both have become now. What I would like to consider is:

1) What is Freddie Mac?

Freddie Mac is a stockholder – owned corporation chartered by Congress to increase the supply of funds that mortgage lenders, such as commercial banks, mortgage bankers, savings institutions and credit unions, can make available to homebuyers and multifamily investors.

Imagine NLY integrating itself into the mechanisms of these "owned corporations chartered by Congress"...and becoming a integral part of the overall operation. Any chance they could carve out 'indispensable' niche? Or, as I suspect, NLY is one of a great man players and just too easily replaced?

Thanks to all,
]]> http://seekingalpha.com/article/75174-proshares-first-to-market-with-inverse-bond-etf?source=feed#comment-162642 162642 Tue, 06 May 2008 11:37:30 -0400 http://seekingalpha.com/article/75609-annaly-capital-management-inc-q1-2008-earnings-call-transcript?source=feed#comment-162567 162567
And what about this: The FNM earnings news out today - can you believe how bad it was? This news is only going to help NLY by keeping the fear factor high and the spreads from closing anytime soon. There is a story out that 40% of the sold homes in Calif. are foreclosures - I suspect higher in Nevada and Arizona probably too! Fear is NLY's cost of funding greatest ally - no?

CFO4Nova - I wonder, if given the dislocation we have experienced ~ that NLY doesn't become a de facto instrument in any possible new market structure that is being formed. I think there are fair odds that NLY rises significantly as the market figures it out. Any thought?
]]> Tue, 06 May 2008 10:18:21 -0400
And what about this: The FNM earnings news out today - can you believe how bad it was? This news is only going to help NLY by keeping the fear factor high and the spreads from closing anytime soon. There is a story out that 40% of the sold homes in Calif. are foreclosures - I suspect higher in Nevada and Arizona probably too! Fear is NLY's cost of funding greatest ally - no?

CFO4Nova - I wonder, if given the dislocation we have experienced ~ that NLY doesn't become a de facto instrument in any possible new market structure that is being formed. I think there are fair odds that NLY rises significantly as the market figures it out. Any thought?
]]> http://seekingalpha.com/article/75103-annaly-capital-clicking-on-all-cylinders?source=feed#comment-160260 160260 Thu, 01 May 2008 15:38:36 -0400 http://seekingalpha.com/article/75103-annaly-capital-clicking-on-all-cylinders?source=feed#comment-160073 160073
On March 07, 2008, Greg Feirman wrote:
“Thornburg is heavily leveraged and its large portfolio of mortgage backed securities is financed by debt. If it has to pay all that debt back immediately, it will have to sell large parts of its portfolio at fire sale prices in order to meet its obligations, resulting in massive losses.”

Is it reasonable to assume that Thornburg did have to sell large parts of its portfolio at fire sale prices?
Is it possible that NLY was able to take advance of the fire sale prices since NLY was not pressed by margin calls?
]]> Thu, 01 May 2008 10:55:56 -0400
On March 07, 2008, Greg Feirman wrote:
“Thornburg is heavily leveraged and its large portfolio of mortgage backed securities is financed by debt. If it has to pay all that debt back immediately, it will have to sell large parts of its portfolio at fire sale prices in order to meet its obligations, resulting in massive losses.”

Is it reasonable to assume that Thornburg did have to sell large parts of its portfolio at fire sale prices?
Is it possible that NLY was able to take advance of the fire sale prices since NLY was not pressed by margin calls?
]]> http://seekingalpha.com/article/75103-annaly-capital-clicking-on-all-cylinders?source=feed#comment-160029 160029 1Q Net Soars To $243M From $67.4M
1Q EPS 53c Vs EPS 28c
1Q Core Earnings 51c Vs 26c
1Q 2008 Core EPS Of $0.51, An Increase Of 96% From Prior Yr
and 38% From Prior Qtr
Sold $4.1B In Mortgage-Backed Secs In 1Q For $9.4M Gain

The best part of the earnings announcement was CEO Farrell’s statement concerning the current volatile financial environment: “we expect operating fundamentals to remain favorable for us...”
Performance – I guess that is why FIDAC charged 6mil instead of their usual 5.
From all of this – any guess as to what the dividend will be ?

]]> Thu, 01 May 2008 10:01:43 -0400 1Q Net Soars To $243M From $67.4M
1Q EPS 53c Vs EPS 28c
1Q Core Earnings 51c Vs 26c
1Q 2008 Core EPS Of $0.51, An Increase Of 96% From Prior Yr
and 38% From Prior Qtr
Sold $4.1B In Mortgage-Backed Secs In 1Q For $9.4M Gain

The best part of the earnings announcement was CEO Farrell’s statement concerning the current volatile financial environment: “we expect operating fundamentals to remain favorable for us...”
Performance – I guess that is why FIDAC charged 6mil instead of their usual 5.
From all of this – any guess as to what the dividend will be ?

]]> http://seekingalpha.com/article/75103-annaly-capital-clicking-on-all-cylinders?source=feed#comment-159964 159964 Thu, 01 May 2008 08:17:04 -0400