The_Hammer

The_Hammer
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  • Gold's Technical Picture Is Broken; Collapse Coming  [View article]
    what do you call fha loans or sub-prime auto loans or $1.3 trillion in deficit spending or student loans?
    It's all juice to prop up the economy.
    Credit is still growing in totality not contracting. look at fund of flows report. Total debts grew 4.7% q1 2012
    Consumer credit up 5.8%
    But the biggest bubble of them all Fed govt up 12.4%.
    http://1.usa.gov/IeQPBt
    Total credit market debts highest ever!
    Do agree the shadow fraud market has been obliterated, but it was fake anyway ie. uneconomic lending anyway.
    Jun 25, 2012. 01:51 PM | 1 Like Like |Link to Comment
  • Gold's Technical Picture Is Broken; Collapse Coming  [View article]
    Things/services that matter are inflating. I do agree we probably will have another bout with deflation on non-necessity things again.

    Healthcare, food, insurances, energy, car repair out of sight. Necessities.
    Japan is not a good example. Closed society, not reserve currency, most japanese buy govt bonds. the dollar will be pearl harbored at some point by our global competitors. Warfare by financial engineering.
    Jun 25, 2012. 01:39 PM | 3 Likes Like |Link to Comment
  • Gold's Technical Picture Is Broken; Collapse Coming  [View article]
    what gold bubble?
    I did a random survey of close to 100 people about gold silver investing--buying. Of the 100 about 3 own some investment gold and silver or miners. real Big bubble.
    Remember quite well a real bubble in condos when spec deadbeats were standing in a line a block deep to scoop up a few condos with fraud loans. That's the sign of a bubble.

    Also what about the treasury BUBBLE. 2.70% 30 year??? Even by the fraud govt reporting inflation is about 3%. This is the look of a real bubble. And the Treasury BUBBLE is over 30 years old??
    Jun 25, 2012. 10:32 AM | 3 Likes Like |Link to Comment
  • 4 Oil & Gas Stocks To Buy Now Instead Of BP  [View article]
    <<This pipeline, should it be approved, will be a major step forward for Occidental Petroleum>> Why is this pipeline a major step forward for Oxy?
    Jun 25, 2012. 10:23 AM | Likes Like |Link to Comment
  • Stockton, California could this week become one of the biggest U.S. cities to file for bankruptcy with debts of $700M. Stockton, which has already defaulted on three sets of bonds, got into trouble due to high retiree costs for municipal workers, spending on a revitalization effort, and falling property-tax revenue.   [View news story]
    Lots more coming in the next few years. As fed aide/subsidies dry up to the states, more pain coming. USA=Greece at it relates to excessive govt bloat and entitlement spend.
    We are doing so great cuz the Bernnak is propping up asset prices and giving the illusion of growth via $1.3 trillion in deficit spending/FHA fraud loans/student slave loans/sub-prime auto loans and the govt bailing out the banks so banks halt foreclosures/freeloaders living in houses for free for 3-4-5 years. Real free market capitalism at work. These crony capitalist talk a good story about free markets.
    Jun 25, 2012. 09:12 AM | Likes Like |Link to Comment
  • Drilling Down For Profits With Seadrill  [View article]
    no mention of massive debt at sdrl. anyone know if sdrl pays back debt interest only?
    Jun 21, 2012. 01:38 PM | Likes Like |Link to Comment
  • The Housing Market Has Definitely Turned The Corner  [View article]
    The economy is so addicted to record low interest rates that when they back up and they will, when the sovereign debt crisis comes to the USA, shtf will slow this economy to an absolute crawl. the Fed printing press will be shut down since everytime the Bernank opens his mouth interest rates will jump higher. it is coming just matter of time.
    Housing is an overrated engine for growth and has bankrupted the country. The housing market probably is the most manipulated/subsidized market besides healthcare.
    Jun 20, 2012. 04:09 PM | 4 Likes Like |Link to Comment
  • Why I Think Western Digital Is A Good Buy  [View article]
    davc,
    can you explain what this article in simple terms how it would impact hdd, stx or wdc? thanks
    Jun 20, 2012. 04:01 PM | Likes Like |Link to Comment
  • This Company Could Pay An Enormous Dividend  [View article]
    Stock buyacks enable mgt and the board to hide the obscene stock options compensation at this company. This stock option dilution should be factored into free cashflow numbers. it is an ongoing expense and shareholders should demand lower stock options. As noted above $52 bil was spent on buybacks to reduce share count by only 25%.
    Jun 20, 2012. 03:38 PM | 1 Like Like |Link to Comment
  • Here's What's Going On With Telefonica Right Now, And No, It's Not All Bad  [View article]
    <<On the debt front, Alierta and Telefonica have set a target to cut the company's debt level by a range of €6 to 8 billion Euro ($8 - $10 billion) during 2012. The company is also considering an IPO of 20% stake in its German O2 unit, which is expected to raise about €2 billion Euro. Telefonica is also seeking about €1 billion Euros from the disposal of its Atento call-center division.>>

    where is total debt after the above debt reduction?

    Good to see mgt has faced up to reality. The company's debt is enormous here and what they should be doing is 1st paying down debt aggressively, reduce the dividend in half and aggressively buyback shares at such distressed levels. So far not impressed with mgt at TEF but things could be looking up imo Next big dump down in share price may be a chance to finally enter.
    Jun 14, 2012. 10:02 PM | 1 Like Like |Link to Comment
  • On The Value Of Users, Hard Drives And Batteries - Part 3  [View article]
    Dear Responder,

    I see. You don't have enough confidence in your thesis to put YOUR OWN money in WDC.
    Jun 14, 2012. 12:31 PM | Likes Like |Link to Comment
  • Stocks in Athens are 7.5% higher today as "secret polls" supposedly show New Democracy in the lead heading into this weekend's elections. Athens is off about 90% over the last 5 years and trading at early 1990 levels - it's not an index, it's a call option.   [View news story]
    In Greece, any asset class hold up or go up during this period?

    Anyone know of any stocks or sectors in greece that held up?
    Jun 14, 2012. 08:54 AM | Likes Like |Link to Comment
  • Stocks Edging Closer To Financial Cliff  [View article]
    <<Corporate balance sheets have the most debt relative to GDP ever>>

    Can u break this down by industry (worst offenders)? I see lots of cos that are well financed with strong balance sheets.
    Jun 14, 2012. 08:14 AM | Likes Like |Link to Comment
  • On The Value Of Users, Hard Drives And Batteries - Part 3  [View article]
    <<For this reason, between Friday June 1st and Tuesday June 12th, 2012 we continued to plow huge sums of investors' capital into the shares of WDC (at around $30 per share) as we continued to build what was already a large stake in the company>>
    <<Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours>>

    Do you own shares of wdc or not?

    Is SSD a better more efficient way to store data vs HDD excluding price differential?
    Since you said thai floods impacted earnings, what is the projected earnings power this year?
    One last, when the stock traded down to $22 was it below bv and by how much?
    Jun 14, 2012. 06:54 AM | Likes Like |Link to Comment
  • A plan by Philip Morris (PM +1.1%) to buy back $18B in shares on top of its lush 3.66% yield makes it an enticing stock for conservative investors, argues Barron's Dimitra Defotis. Though the stock trades with a forward P-E ratio higher than the multiple on the S&P 500, opportunities in emerging markets and the strength of the brand could justify the premium.  [View news story]
    The beauty of Philip Morris over the decades is that it usually traded at a low or reasonable valuation so wjhen u rteinvested the divdend you usually got a good reinvestment. The threesome (KFT,MO,PM) are becoming pricey due to dividend players bidding them up and the aggressive buybacks at higher valuations by PM mgt. Not pleased by mgts aggressive buyback and debt explosion. $6 bil to 18 bil since spin off.
    This is financial engineering not basic unit growth and freecashflow growth. The mgt is in such a rush to goose up the shares by buybacks.
    Jun 13, 2012. 10:17 PM | Likes Like |Link to Comment
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