junkyarddog's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/197776/comments http://seekingalpha.com/article/171817-relative-strength-of-countries?source=feed#comment-747903 747903
1) The US is in terrible shape.
2) But the US is not in "such terrible" shape because others are in similar predicaments.

So, let me throw the question out there: are we EVENTUALLY looking into a financial collapse in the entire world?]]> Fri, 06 Nov 2009 09:59:55 -0500
1) The US is in terrible shape.
2) But the US is not in "such terrible" shape because others are in similar predicaments.

So, let me throw the question out there: are we EVENTUALLY looking into a financial collapse in the entire world?]]> http://seekingalpha.com/article/170599-saudi-arabia-and-the-price-of-crude-oil?source=feed#comment-740726 740726
Like most everybody, I need to work to make a living and I still remember gas prices at over $4.20 / g last year. The volatility is what hurt me financially (add heating oil costs to that). If this move by Saudi Arabia will reduce oil volatility -- albeit temporarily -- I'm all for it; with or without our good ol' USA involvement. I wonder if the US does more harm than good here...

I guess it remains to be seen what the impact will be on us consumers, if any in the short run. In the not-so-long run we need alternative forms of energy.

Very informative article, thanks!]]> Mon, 02 Nov 2009 13:43:01 -0500
Like most everybody, I need to work to make a living and I still remember gas prices at over $4.20 / g last year. The volatility is what hurt me financially (add heating oil costs to that). If this move by Saudi Arabia will reduce oil volatility -- albeit temporarily -- I'm all for it; with or without our good ol' USA involvement. I wonder if the US does more harm than good here...

I guess it remains to be seen what the impact will be on us consumers, if any in the short run. In the not-so-long run we need alternative forms of energy.

Very informative article, thanks!]]> http://seekingalpha.com/article/168543-dollar-bear-trade-looks-dangerously-crowded?source=feed#comment-727434 727434
Like many, I'm frustrated with our government lack of fiscal discipline, and seeing congress spend money like there is no tomorrow. If I had a huge amount of dollars, I'd be very nervous too: I'd simply dump the US dollar! However, in exchange for what? Definitely not for yuans.

I trust the Chinese government as much as I trust monkeys to safeguard bananas. So, the author's assessment on the bearishness of the dollar made me think, if anything, simply because of lack of many other alternatives as world reserve currencies in the short-run. Still, if our Congress doesn't reign in its spending, the dollar will be dead -- and maybe that's exactly what our leaders want.]]> Fri, 23 Oct 2009 14:22:12 -0400
Like many, I'm frustrated with our government lack of fiscal discipline, and seeing congress spend money like there is no tomorrow. If I had a huge amount of dollars, I'd be very nervous too: I'd simply dump the US dollar! However, in exchange for what? Definitely not for yuans.

I trust the Chinese government as much as I trust monkeys to safeguard bananas. So, the author's assessment on the bearishness of the dollar made me think, if anything, simply because of lack of many other alternatives as world reserve currencies in the short-run. Still, if our Congress doesn't reign in its spending, the dollar will be dead -- and maybe that's exactly what our leaders want.]]> http://seekingalpha.com/article/167156-a-crude-10-year-perspective-the-djia-oil-and-gold?source=feed#comment-719335 719335
The author's main point still stands, I'm just making this suggestion to make the comparison more realistic.

One last point: oil can still be refined from tar sands and coal. Sweet crude is the only economical option for now, but there are plenty of more expensive "non-sweet" reserves. Again, I'm not trying to say we're not in an energy crisis, all I'm saying we still have time to fix this.

Best wishes,

Roger]]> Sun, 18 Oct 2009 10:38:31 -0400
The author's main point still stands, I'm just making this suggestion to make the comparison more realistic.

One last point: oil can still be refined from tar sands and coal. Sweet crude is the only economical option for now, but there are plenty of more expensive "non-sweet" reserves. Again, I'm not trying to say we're not in an energy crisis, all I'm saying we still have time to fix this.

Best wishes,

Roger]]> http://seekingalpha.com/article/147659-inflation-with-gary-north-or-deflation-with-mish?source=feed#comment-579089 579089
Please, let's not waste our time with Gary North.]]> Wed, 08 Jul 2009 12:49:04 -0400
Please, let's not waste our time with Gary North.]]> http://seekingalpha.com/article/147187-who-owns-the-gold?source=feed#comment-575731 575731
I wonder how much the balance of these reserves has changed over the past year since the world entered this financial crisis. I wonder if central banks are hoarding more gold (expected) or if they're seeking other types of reserves (other currencies, commodities).]]> Mon, 06 Jul 2009 12:11:23 -0400
I wonder how much the balance of these reserves has changed over the past year since the world entered this financial crisis. I wonder if central banks are hoarding more gold (expected) or if they're seeking other types of reserves (other currencies, commodities).]]> http://seekingalpha.com/article/140688-china-s-statements-about-u-s-debt-are-overblown?source=feed#comment-528717 528717
On Jun 01 03:55 PM Dave Wrixon wrote:

> Yes, the Chinese cannot survive unless they give us all their money
> to squander. Lucky they got us, eh?]]> Tue, 02 Jun 2009 16:50:06 -0400
On Jun 01 03:55 PM Dave Wrixon wrote:

> Yes, the Chinese cannot survive unless they give us all their money
> to squander. Lucky they got us, eh?]]> http://seekingalpha.com/article/140688-china-s-statements-about-u-s-debt-are-overblown?source=feed#comment-526706 526706
However, I'd argue that the Chinese DO need their exports. The Chinese population is economically still poor and they can't absorb all what China produces -- thus the need for exports.

And as far as taking the hit.. I don't know... it's over 1/2 of trillion dollars in bonds and I don't care how rich you are: no one likes to take a "hit" like that! If we go into hyper-inflation, well that's a different story..]]> Mon, 01 Jun 2009 13:18:01 -0400
However, I'd argue that the Chinese DO need their exports. The Chinese population is economically still poor and they can't absorb all what China produces -- thus the need for exports.

And as far as taking the hit.. I don't know... it's over 1/2 of trillion dollars in bonds and I don't care how rich you are: no one likes to take a "hit" like that! If we go into hyper-inflation, well that's a different story..]]> http://seekingalpha.com/article/130592-bank-of-america-punishes-customers-who-dare-to-have-a-balance?source=feed#comment-460980 460980
I just want to point out that people made the "mistake" of borrowing from the Mafia (sorry, you should have known better). Now they're sending their wise guys to collect. And why are you surprised?]]> Sun, 12 Apr 2009 20:38:24 -0400
I just want to point out that people made the "mistake" of borrowing from the Mafia (sorry, you should have known better). Now they're sending their wise guys to collect. And why are you surprised?]]> http://seekingalpha.com/article/130146-200-oil-is-coming-while-we-waste-a-perfectly-good-crisis-part-3?source=feed#comment-456452 456452
No doubt, oil will be at $200 one day. But this will be due to inflation. Now the question for you is: WHEN will it be at $200? Let me guess: you don't know. Then why make such "predictions"?

Have you ever heard of demand destruction? Another question for you: at $200 who can afford it? Hint: demand destruction.

There is enough oil in the world to sustain us for hundreds of years (not sweet crude oil alone) and even $200 barrel is too expensive for today standards to explore non-sweet crude alternatives. You know all of this information anyway, so why do you waste our time with such unfounded "predictions"? Put your money where your mouth is: $200 barrel -- WHEN????

]]> Wed, 08 Apr 2009 12:58:52 -0400
No doubt, oil will be at $200 one day. But this will be due to inflation. Now the question for you is: WHEN will it be at $200? Let me guess: you don't know. Then why make such "predictions"?

Have you ever heard of demand destruction? Another question for you: at $200 who can afford it? Hint: demand destruction.

There is enough oil in the world to sustain us for hundreds of years (not sweet crude oil alone) and even $200 barrel is too expensive for today standards to explore non-sweet crude alternatives. You know all of this information anyway, so why do you waste our time with such unfounded "predictions"? Put your money where your mouth is: $200 barrel -- WHEN????

]]> http://seekingalpha.com/article/122881-vonage-loses-subscribers-but-does-anyone-care?source=feed#comment-404716 404716
I do have the option to switch to VoIP from my cable company, but Vonage does offer more benefits at a lower price. I hope Vonage manages to stick around.

I wouldn't buy their stock though...]]> Thu, 26 Feb 2009 13:02:00 -0500
I do have the option to switch to VoIP from my cable company, but Vonage does offer more benefits at a lower price. I hope Vonage manages to stick around.

I wouldn't buy their stock though...]]> http://seekingalpha.com/article/114964-nationalize-citigroup-and-bank-of-america?source=feed#comment-356788 356788
It's too bad this kind of publication doesn't belong here; it's stuff for the "National Enquirer".

To make your "article" even more humorous, you should include GM, Ford, and Chrysler. Now, that's funny --- even though no one is laughing.
]]> Thu, 15 Jan 2009 13:41:49 -0500
It's too bad this kind of publication doesn't belong here; it's stuff for the "National Enquirer".

To make your "article" even more humorous, you should include GM, Ford, and Chrysler. Now, that's funny --- even though no one is laughing.
]]> http://seekingalpha.com/article/113880-goldman-cuts-sun-rating-as-revenues-expected-to-dim?source=feed#comment-349706 349706
Downgrade a stock after it had already lost 80% of its value?

Nice job, great timing.]]> Thu, 08 Jan 2009 11:17:30 -0500
Downgrade a stock after it had already lost 80% of its value?

Nice job, great timing.]]> http://seekingalpha.com/article/113510-itunes-breaks-6-billion-drm-is-dead?source=feed#comment-347799 347799
I mostly imported my physical CD's into iTunes (not a whole lot) and I keep buying a few songs here and there. Like you, I'm also past my music buying prime.]]> Tue, 06 Jan 2009 15:47:54 -0500
I mostly imported my physical CD's into iTunes (not a whole lot) and I keep buying a few songs here and there. Like you, I'm also past my music buying prime.]]> http://seekingalpha.com/article/108609-citigroup-sees-gold-reaching-2000?source=feed#comment-320135 320135
It's possible gold will rise, but it's also possible gold will drop as many people -- believe it or not -- still see safety in the US dollar. I just question the "author's" motive for this doomsday scenario, predicting even nuclear wars. A bit of desperate sales pitch, don't you think?



]]> Wed, 03 Dec 2008 15:23:23 -0500
It's possible gold will rise, but it's also possible gold will drop as many people -- believe it or not -- still see safety in the US dollar. I just question the "author's" motive for this doomsday scenario, predicting even nuclear wars. A bit of desperate sales pitch, don't you think?



]]> http://seekingalpha.com/article/108940-oil-won-t-drop-forever?source=feed#comment-319798 319798
I'm sure most people will agree oil will eventually go up, the question is by how much, how fast, how long. Without some guidelines on this information simply speculating that "oil will go up" is a bit useless for investors.]]> Wed, 03 Dec 2008 10:26:59 -0500
I'm sure most people will agree oil will eventually go up, the question is by how much, how fast, how long. Without some guidelines on this information simply speculating that "oil will go up" is a bit useless for investors.]]> http://seekingalpha.com/article/99755-options-trader-outlook-for-turnaround-tuesday?source=feed#comment-282915 282915
I think deflation, as if the US starts printing money, all our foreign investors will pull out. They're not stupid. Zimbawe is a case apart, as foreign investments in that country is near nil, so they can print all the money they want and... they did it.

In times like this is difficult to predict anything.
]]> Wed, 15 Oct 2008 11:01:15 -0400
I think deflation, as if the US starts printing money, all our foreign investors will pull out. They're not stupid. Zimbawe is a case apart, as foreign investments in that country is near nil, so they can print all the money they want and... they did it.

In times like this is difficult to predict anything.
]]> http://seekingalpha.com/article/99135-options-trader-thursday-outlook-how-much-more-disappointment-can-we-stand?source=feed#comment-277810 277810
This time around I don't know what the DOW's "real" value is or should be. However, one thing is for sure: there's a lot of panic out there and as such it's hard to assess value on anything.

If it goes below 9K I imagine a lot of people will take their 401K's out of stocks and move it to money markets, perhaps compounding the sell-off.]]> Thu, 09 Oct 2008 12:21:01 -0400
This time around I don't know what the DOW's "real" value is or should be. However, one thing is for sure: there's a lot of panic out there and as such it's hard to assess value on anything.

If it goes below 9K I imagine a lot of people will take their 401K's out of stocks and move it to money markets, perhaps compounding the sell-off.]]> http://seekingalpha.com/article/97942-dollar-soars?source=feed#comment-269820 269820
Europe's banking system is not as transparent as the US and who knows, the hole in their balance sheets must be big too. At least key US figures are known to the world and -- right or wrong -- we're dealing with the crisis (we'll, at least there's a lot of talking about it).

So, to sum up, don't put too much faith in other currencies either; they're just like ours: paper money with no intrinsic value, just perception. Scary but true.

]]> Tue, 30 Sep 2008 15:09:14 -0400
Europe's banking system is not as transparent as the US and who knows, the hole in their balance sheets must be big too. At least key US figures are known to the world and -- right or wrong -- we're dealing with the crisis (we'll, at least there's a lot of talking about it).

So, to sum up, don't put too much faith in other currencies either; they're just like ours: paper money with no intrinsic value, just perception. Scary but true.

]]> http://seekingalpha.com/article/97879-dont-blame-wall-street-at-least-not-completely?source=feed#comment-268911 268911
"These are your banks and they fund your life". I love them too: when they made billions with the housing boom I don't remember having a share of their profits. Now that they collapsed (google "derivatives") they want the taxpayers to jump in. No one needs that kind if funding.

I can't stand when amateurs write articles to Seeking Alpha.

]]> Mon, 29 Sep 2008 17:16:38 -0400
"These are your banks and they fund your life". I love them too: when they made billions with the housing boom I don't remember having a share of their profits. Now that they collapsed (google "derivatives") they want the taxpayers to jump in. No one needs that kind if funding.

I can't stand when amateurs write articles to Seeking Alpha.

]]> http://seekingalpha.com/article/97796-options-trader-monday-outlook?source=feed#comment-268635 268635 Mon, 29 Sep 2008 13:32:12 -0400 http://seekingalpha.com/article/97364-options-trader-thursday-outlook?source=feed#comment-264826 264826
When the dust settles, I hope Paulson, Barnanke and Cox are brought to trial. Talk about crooks, they put Nixon to shame.

"Democrats and Republicans coming together". It makes me sick, as it was under their watch all of this $ trillion plus robbery happened.

]]> Thu, 25 Sep 2008 11:23:47 -0400
When the dust settles, I hope Paulson, Barnanke and Cox are brought to trial. Talk about crooks, they put Nixon to shame.

"Democrats and Republicans coming together". It makes me sick, as it was under their watch all of this $ trillion plus robbery happened.

]]> http://seekingalpha.com/article/96703-options-trader-monday-outlook?source=feed#comment-261907 261907
I can't wait for the next article tomorrow to see what Phil makes out of this insanity.
]]> Mon, 22 Sep 2008 17:21:57 -0400
I can't wait for the next article tomorrow to see what Phil makes out of this insanity.
]]> http://seekingalpha.com/article/96767-crude-oil-back-above-110-trading-halted-briefly?source=feed#comment-261828 261828 Mon, 22 Sep 2008 16:08:31 -0400 http://seekingalpha.com/article/96703-options-trader-monday-outlook?source=feed#comment-261351 261351
I'm really afraid that all we'll do is buy time (another few years) instead of fixing the problem: let the unscrupulous private banks fail and work on protecting the credibility of the governement itself and the dollar (what's left of it). Of course it's painful, but at least future generations will be (should be) freed from this deadly derivative virus.


]]> Mon, 22 Sep 2008 10:00:45 -0400
I'm really afraid that all we'll do is buy time (another few years) instead of fixing the problem: let the unscrupulous private banks fail and work on protecting the credibility of the governement itself and the dollar (what's left of it). Of course it's painful, but at least future generations will be (should be) freed from this deadly derivative virus.


]]> http://seekingalpha.com/article/96302-throw-bailout-money-at-the-causes-not-the-symptoms?source=feed#comment-259502 259502
This "game" of parties pointing fingers at each other has been going on for decades and people still believe in this corrupt 2 party system, where in essence there's no choice at all between the two.

Sure, throw gay rights, abortion, or other hot potato issues to divert attention from the real issues, such as the economy, energy policy, education, and war to name a few. In all of the above both parties are identical: spenders, war mongers (yes, even the democrats), influenced by oil companies, and both insist on the same ideas for a failed education system.

Obama, McCain, what a joke. Both will do what the next president will do (read above).

I could go on but you get the point (I hope).
]]> Fri, 19 Sep 2008 16:15:40 -0400
This "game" of parties pointing fingers at each other has been going on for decades and people still believe in this corrupt 2 party system, where in essence there's no choice at all between the two.

Sure, throw gay rights, abortion, or other hot potato issues to divert attention from the real issues, such as the economy, energy policy, education, and war to name a few. In all of the above both parties are identical: spenders, war mongers (yes, even the democrats), influenced by oil companies, and both insist on the same ideas for a failed education system.

Obama, McCain, what a joke. Both will do what the next president will do (read above).

I could go on but you get the point (I hope).
]]> http://seekingalpha.com/article/96369-options-trader-friday-outlook?source=feed#comment-258931 258931
These are indeed scary and desperate times. All because of greed, out of control spending, and addiction to gambling (derivatives anyone?).

Thanks again for writing your articles free of charge to us, and shedding some light amidst such insane times.
]]> Fri, 19 Sep 2008 10:05:03 -0400
These are indeed scary and desperate times. All because of greed, out of control spending, and addiction to gambling (derivatives anyone?).

Thanks again for writing your articles free of charge to us, and shedding some light amidst such insane times.
]]> http://seekingalpha.com/article/96136-options-trader-thursday-outlook?source=feed#comment-258226 258226
I know you're not here to comment on other analysts, but doomsayers like Martin Weiss are predicting the DOW to pull back all the way to 7,200.

Do you think we'll go that low before bouncing back?
]]> Thu, 18 Sep 2008 14:04:23 -0400
I know you're not here to comment on other analysts, but doomsayers like Martin Weiss are predicting the DOW to pull back all the way to 7,200.

Do you think we'll go that low before bouncing back?
]]> http://seekingalpha.com/article/95740-options-trader-tough-decisions-tuesday?source=feed#comment-256873 256873 Wed, 17 Sep 2008 09:44:19 -0400 http://seekingalpha.com/article/95740-options-trader-tough-decisions-tuesday?source=feed#comment-256180 256180
One can't fix this mess with a silver bullet. Forest fires are good, they burn the useless brush and make the surviving trees stronger. Failure is a necessity for success. It's going to be painful, and we'll come out a lot better and stronger once this is over. It'll be a while, but it will be over.

All we need is for the government to ensure FAIR PLAY, the rest is prosperity for the fittest and bankrupcy for the unefficient. That's life.

Please, no more government bailouts!
]]> Tue, 16 Sep 2008 15:25:00 -0400
One can't fix this mess with a silver bullet. Forest fires are good, they burn the useless brush and make the surviving trees stronger. Failure is a necessity for success. It's going to be painful, and we'll come out a lot better and stronger once this is over. It'll be a while, but it will be over.

All we need is for the government to ensure FAIR PLAY, the rest is prosperity for the fittest and bankrupcy for the unefficient. That's life.

Please, no more government bailouts!
]]>