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  • QE3: Market Reaction, Pre-Action And Outlook - Gold, Commodities And U.S. Dollar [View article]
    I was reading a article "Why QE3 Won't Jump Start The Economy" by Ellen Brown, and she mentions that the QE3 won't add any inflation, so how is it that the gold prices are going up. For me to understand all the different views and opinions make my head spin.
    Sep 22, 2012. 09:33 AM | Likes Like |Link to Comment
  • How To Build A GLD-Free Gold Bug Portfolio [View article]
    Sep 19, 2012. 05:45 PM | Likes Like |Link to Comment
  • How Will Gold And Silver Perform In A Recession? [View article]
    muc_peter -The gold prices are going down, did you see the current gold price. If you don't understand my simple comment, I can't help you.
    May 14, 2012. 08:04 AM | Likes Like |Link to Comment
  • Goldbugs Beware: 2 Flawed Reasons For Investing In Gold [View article]
    Well said, and I agree that 20-25 years down the road gold will rise.
    Apr 18, 2012. 04:34 PM | Likes Like |Link to Comment
  • How Recent Events In India May Affect Precious Metals Prices [View article]
    In India if inflation is high, people need money to eat food, how will they invest in Platinum or Gold. Wrong. Wages may increase, but the cost of living also goes up more in India.
    Apr 18, 2012. 03:52 PM | 1 Like Like |Link to Comment
  • Jim Rogers 'I Will Buy More' Gold - Still Long-Term Bullish [View article]
    I am not sure how the author is bullish about gold. I agree with the comments that the author is selling gold and he want the herd to buy it. -Smart.
    The gold prices are manipulated by central banks. The second reason gold will go low is because, in India every household owns gold. Not that they purchased as investment, but it is passed down from generations. Sometime back people started getting loan from the bank with gold as collateral. We used to get 80% to 90% of gold value. The banks have given Rs. 120,000 crore worth of loan. Recently RBI came with new rules that the loan against gold should be 50% of value of gold. The reason being that RBI are worried about the gold prices going down. The loans given will be more than the value of gold and no brainier people will default. This clearly indicates that gold prices will go low.
    Apr 17, 2012. 10:03 AM | Likes Like |Link to Comment
  • Gold Or Gold Miners? [View article]
    Buy gold and loose value of investment. Most of investment manager are screaming "BUY GOLD" but the reality is that gold prices will drop.
    I have my own reasons to conclude but here are few of them.
    - The gold price is manipulated by central banks - it is raised to higher level, so that the people don't loose interest in dollar. By jacking price of gold up, central banks are making sure that investor can't buy gold.
    - In India people get loan and they use gold as collateral. The RBI recently gave warning that the bank who are providing these loans should only loan 50% of money as compared to 80% of gold value. This means that the RBI knows that this can become toxic loan as soon as the price of gold drops. This to me is the indication that gold price may drop as much as 40% to 50% in short term.
    Apr 17, 2012. 09:50 AM | Likes Like |Link to Comment
  • How Will Gold And Silver Perform In A Recession? [View article]
    Gold price is manipulated at least now for dollar to look strong. Recently in India RBI came out with a new regulation that the loan against gold should be at 50% of gold value. This suggest that they are worried about the gold bubble looming. RBI has smart financial analyst and they know something that I don't know. But this clearly tells me that the gold prices are going down soon.
    Apr 17, 2012. 09:39 AM | 1 Like Like |Link to Comment
  • Gold Consolidating Over €1,200/Oz. As Spanish 10 Year Hits 6.15% [View article]
    We will see $1400 and then $1300.
    Apr 17, 2012. 09:32 AM | Likes Like |Link to Comment
  • Gold And Silver Weekly Outlook For April 16-20 [View article]
    How many people will afford to buy gold in India, 50% population, they don't have money to feed themselves and another 50% are worried about sky rocketing food prices. They will eat food but not gold. You are far away from reality.
    Apr 16, 2012. 11:40 AM | Likes Like |Link to Comment
  • Goldbugs Beware: 2 Flawed Reasons For Investing In Gold [View article]
    In 1964 the average wages were few thousand dollars, now the average wage is $36000. I don't see any returns from gold in 3-5 year period.

    Also I am not sure why people are thinking that US dollar end is coming. There will be riots and gold is the way to go. What happened in 1930 will not repeat, as the law and order situation is way better now than in 1930's.
    Apr 13, 2012. 04:37 PM | Likes Like |Link to Comment
  • Goldbugs Beware: 2 Flawed Reasons For Investing In Gold [View article]
    I agree with the author, the gold prices are forced up by central banks, no central bank has being buying gold recently. Investors are flocking to gold, thinking it is safe heaven, but they will get a surprise when gold prices dip.
    When the gold prices dip (to $1300 level) the central banks will take the profits, and the investors will be left hanging dry loosing atleast 40% of their investment in gold. - Good luck gold buyers.
    Apr 13, 2012. 09:58 AM | 1 Like Like |Link to Comment
  • How The Peak For One Ounce Of Gold Was $2,337 And Why Gold Is Still A Buy [View article]
    The gold did reach $850, but then for a decade it was around $400 mark. What is a point holding gold for decade and then the price rises. Still I am bearish on gold.
    Here is my take, again I am not finance expert. Gold was good in 1980 or 1930, but now a days, we (US) have technology. Apple is $500 billion company, Google is also up there. Who would have thought that US will be able to create companies like this. Gold was old standard, people who didn't have technology. In next 20 years I will bet on technology rather than on gold.
    Apr 12, 2012. 01:22 PM | 1 Like Like |Link to Comment
  • Gold's Critical Metric: Real Interest Rates [View article]
    Very nice article, Gold will take 10 years to go up again.
    Apr 5, 2012. 12:31 PM | Likes Like |Link to Comment
  • Are We Witnessing A Global Asset Sell-Off? [View article]
    Fiat currency is something of concern, China is now a largest producer of gold (320000 Kgs/year) and then is US (220000 Kgs/year). Gold was old standard, now a days the country that has vast resources (Gold, Petrol, Copper etc) is going to be king and also good law and order condition. I still feel US has way more resources and land compared to China. Africa has vast resources but there is lots of fighting going on. It will be years before they come out of this civil war. South Africa is selling all their gold to UK (atleast 90%), so I think dollar will be king for long time. No investor hold more than 1% in their portfolio for this reason.
    For next 3 years the returns on gold should be negative or maybe less than 1%.
    Apr 5, 2012. 12:07 PM | 2 Likes Like |Link to Comment