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asclepius8

asclepius8
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  • Former Gold Bulls Becoming Bears: Does That Mean Gold Has Reached A Bottom? [View article]
    Production costs for gold miners don't matter to paper gold traders.
    Jul 31, 2015. 01:25 PM | Likes Like |Link to Comment
  • The Return Of Deflation? [View article]
    Note that commodity prices have tanked since July last year when the USD started its rise. Its partially too much supply, but much of it is the effect of a stronger dollar. I can never understand why this factor is so often neglected in these discussions.
    Jul 28, 2015. 01:59 PM | 2 Likes Like |Link to Comment
  • The Latest Commitment Of Traders Report Shows Record Speculative Short Positions [View article]
    Why consider the positions of Speculators (dumb money) when Commercials are most often correct? They are at minimal levels right now, 25,000, so they are not seeing much more downside.
    Jul 26, 2015. 08:56 AM | 1 Like Like |Link to Comment
  • ACADIA Pharmaceuticals: If I'm Right, If I'm Wrong [View article]
    2021 AND 2022.
    Jul 22, 2015. 12:46 PM | Likes Like |Link to Comment
  • 4 Things That Are Happening Today That Indicate That A Deflationary Financial Collapse Is Imminent [View article]
    "But overall, most people in our society are far more concerned with making themselves happy than they are about pursuing the truth."

    One reason I've always loved the market is that making money keeps people honest. If they hold a dumb idea it will usually cost them eventually. It sorts out what works and what doesn't work, but the last few years with market manipulation, monetizing different asset classes, I have to wonder.
    Jul 21, 2015. 12:18 PM | 8 Likes Like |Link to Comment
  • The Greek Resolution Means New Highs For The Dollar [View article]
    I think you mean inclusion into the SDR basket of currencies. They are far from reserve currency status when they don't have a bond market to provide liquidity. Anyway, they've now exposed themselves as willing to be heavy handed in equity markets when things don't go their way. That will not impress investors or the IMF. They're just not ready for prime time.
    Jul 20, 2015. 12:57 PM | Likes Like |Link to Comment
  • Silver Wheaton: The Recent Sell-Off Has Presented A Long-Term Buying Opportunity [View article]
    Good question. Ironically I just did this for gold. Time to make projections on the silver price based on the USD strengthening.

    USD/Gold using high of $1904:
    100/1153 (-40%)
    105 /1047 (-45%)
    110/952 (-50%)
    115/857 (-55%)
    120/761 (-60%)

    It uses historical prices but its already out of whack with USD at 97.86 and gold at $1133. I'll recalibrate when its at 100.
    Jul 19, 2015. 10:03 AM | Likes Like |Link to Comment
  • Why Palladium Is Still Not A Buy Even After Its Recent Decline [View article]
    A year or two ago I read that plat/pall autocat content on Chinese cars is only 10% of what it is in N. America and Europe in an effort to keep the purchase price down. Has this percentage changed?
    Jul 15, 2015. 11:06 PM | Likes Like |Link to Comment
  • Nasdaq-Listed Pieris Offers Enormous Potential [View article]
    PRS-80 sounds like Keryx's Auryxia which treats iron deficiency anemia too, which just began marketing. How is PRS-80 different?
    Jul 15, 2015. 10:34 PM | Likes Like |Link to Comment
  • ACADIA Pharmaceuticals: If I'm Right, If I'm Wrong [View article]
    Using the average P/E for the industry of 29, then @ $27.70 EPS, its $803/share. At $35.68, its $1034/share.
    Jul 15, 2015. 10:08 PM | 1 Like Like |Link to Comment
  • ACADIA Pharmaceuticals: If I'm Right, If I'm Wrong [View article]
    Saw a tweet yesterday by "zach" (@zbiotech) commenting on Cowen who has '21 and '22 EPS of $27.70 and $35.68 for ACAD.
    Jul 15, 2015. 05:16 PM | 1 Like Like |Link to Comment
  • Gold: Building Cause To Bankrupt Miners [View article]
    You can't really use the pre-1974 figures for gold because the price was fixed.
    Jul 14, 2015. 10:24 AM | 2 Likes Like |Link to Comment
  • Silver Wheaton - Best-In-Class, Enviable Business Model, And Temporary Headwinds Make For A Compelling Long Case [View article]
    Well, SLW went to 2.50 in 2008 during the meltdown. Its a much different company now but the market conditions may lead to the same effect. I could see in in the low $8's.
    Jul 13, 2015. 10:30 AM | 1 Like Like |Link to Comment
  • Silver Wheaton - Best-In-Class, Enviable Business Model, And Temporary Headwinds Make For A Compelling Long Case [View article]
    That crossed my mind too. It may be time for push back and threaten to leave for more friendly locations. Governments count on their tendency toward Provincialism, so they should call their bluff. Corporations need to think like "free agents" and not be afraid to entertain other offers. Moving all or part of their business is more an act of the will, a short term inconvenience. I'd love to see some corporate resolve to push back.
    Jul 10, 2015. 04:19 PM | 2 Likes Like |Link to Comment
  • Silver Wheaton - Best-In-Class, Enviable Business Model, And Temporary Headwinds Make For A Compelling Long Case [View article]
    My question is what changed? They have likely been filing the same basic way for years, so why hasn't this been an issue in the past?
    Jul 10, 2015. 11:49 AM | 2 Likes Like |Link to Comment
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