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  • It's Getting Hard To Be A Gold Bull These Days [View article]
    Gee, Avi, I haven't seen hide nor hair of a Gold Bull at Seeking Alpha in months.

    Where are these Hidden Bulls you seem to be seeing? Are they Giant Hidden Bulls sitting on bar stools next to Jimmy Stewart - all named Harvey?
    Jan 27, 2013. 02:09 PM | 3 Likes Like |Link to Comment
  • It's Getting Hard To Be A Gold Bull These Days [View article]
    Keep it comin'!

    HGNSI at -99, last hit in the Paleolithic Era.
    Jan 27, 2013. 01:54 PM | Likes Like |Link to Comment
  • Gold And U.S. Government Debt: Highly Correlated [View article]
    Thank you, but Nonsense! The entire point is that the "free market crowd" AREN'T.

    They're actually the "fixed market crowd" or the "crony market crowd."

    And some of us - the real Best and Brightest, IMO - are both Red Team and Blue Team. (Or Red and Blue Team. Fight On, Pennsylvania! That's an in-joke.)
    Jan 27, 2013. 12:31 PM | Likes Like |Link to Comment
  • It's Getting Hard To Be A Gold Bull These Days [View article]
    By the way, Business Insider just allowed me to post there for the first time ever.

    I still can't post at Forbes or But The Enemy of The Script being given a forum, however slight, behind strong Empire lines in Henryland is verrrrrrrry inneressin' as they say.
    Jan 27, 2013. 12:26 PM | 4 Likes Like |Link to Comment
  • It's Getting Hard To Be A Gold Bull These Days [View article]
    Thank you, Tim!

    Now Hulbert can come out with a story overnight saying "Gold Gurus least Bullish in 759 3/4 years - Contrarians happy at last."

    I am still pushing for headlines at Reuters and Bloomie's saying "Even Thinking About Gold Causes Leprosy, Ebola, and Nausea Resembling Kate Middleton's."

    Or "Charlie Munger Earns Nobel Prize in Economics for Stance on Gold."

    Come on, Fellas! We are counting on you.
    Jan 27, 2013. 12:22 PM | 5 Likes Like |Link to Comment
  • Gold And U.S. Government Debt: Highly Correlated [View article]
    I am not "pitching mining stocks" in general. I NEVER pitch a group of stocks in general. That's one reason, among many, that I hate ETFs.

    I trade individual stocks based on stories I like.

    I believe that's the way everyone should invest or trade. If you don't agree, that is your prerogative. (But your teacher will not give you a good grade on your "market game" project unless you work harder and stop attacking me and others by rote.)

    As for Zero Hedge, I think it was an immensely satisfying kind of accomplishment to have one of my posts a few weeks ago get - what was it? 200 thumbs down? Surely a new record! And for that particular post - anti-Tea Party, from a Centrist Republican point of view - the thumbs down could be pretty much 100 percent attributed to the Koch Bots.

    I believe this is a Gotterdammerung moment for the Koch Bots. They have outlived their usefulness everywhere except on Zero Hedge. And if one tries to replace them with the Good Ole Bots, they will suffer a similar fate.

    Bot-dominated Comments streams are simply being ignored these days. That includes, alas! the silly "500 new comments" streams here at SA, being flogged purely for SEO purposes.

    If we want any sort of real revival of the stock market as a source of capital formation and wealth building in the US, the UK, or anywhere else - and a reversal of the inexorable spate of job losses in the financial services industry - we need - collectively - to Cease and Desist all of the baby games the Rise of the Botnets have spawned. Even Tiny Terror and his "Cramericans" are going to have to Cease and Desist.

    Jan 27, 2013. 12:12 PM | Likes Like |Link to Comment
  • Gold And U.S. Government Debt: Highly Correlated [View article]

    (Is that Janie Park, age 14, from Seoul Middle School back again, working on her 8th grade "market game" project?)

    If you don't care about the things that really count in this sector, please, please, spare us all by infecting another sector you DO understand.

    Thanks so much in advance.
    Jan 27, 2013. 11:47 AM | Likes Like |Link to Comment
  • Buy Ford: I Am Raising My Price Target [View article]
    Posted at IBT:

    If Ford beats and is rewarded for the beat on Tuesday - remember, it is also ex-divi the doubled divi after this weekend - the difficult thing may be deciding how to trade it after any rally.

    That's because two additional potentially Bullish marketing events - in the most marketing-driven of sectors - occur shortly afterwards.

    Ford is a major sponsor of the Super Bowl February 3rd.

    And a week or so later, it will begin a big, big marketing blitz leading up to the Oscars on February 24th, where the movie "Lincoln" is a top contender for best picture, best actor, and in several other categories.

    By pure lucky coincidence, the movie "Lincoln" and its blockbuster success is coinciding beautifully with Ford's re-launch of its luxury Lincoln brand.

    Ford is taking advantage of this luck as much as possible, literally piggybacking on Lincoln-oriented programming all over the place.

    Have you noticed, for instance, that every time we see a "Lincoln" joke on Colbert or the Daily Show; a "Lincoln" reference on CNN or Fox; or an interview with Daniel Day-Lewis or Sally Field anywhere at all, we pretty much immediately are gifted with one of Ford's (pretty good) Lincoln ads shortly following?

    In any case, with marketing blitzes tied to the Super Bowl and "Lincoln" at the Oscars, Ford's stock could move into a very Bullish pattern after earnings - as long as they don't disappoint us.
    Jan 27, 2013. 11:43 AM | 9 Likes Like |Link to Comment
  • Gold And U.S. Government Debt: Highly Correlated [View article]
    Official launch on NOW.

    Big problem for GLD and SLV as competitors.

    And greatly complicated by US taking Japan's part - very foolishly - in Spratly conflict.
    Jan 27, 2013. 10:42 AM | Likes Like |Link to Comment
  • Gold And U.S. Government Debt: Highly Correlated [View article]
    News about Chinese Gold ETFs launching is "in the Market" as of a day and a half ago.

    Ergo Sell the Rumor, Buy the News.

    Also explains utterly silly Bloomie's headline about "Oooooooh, what if China won't fund Venezuelan Oil anymore?"

    Give us a break! China considers Venezuela its personal Protectorate now.

    That headline, posted three days in a row, was meant to clarify to the Ignorati that Venezuela wanted its Gold back from London, so it could loan it to China to help launch the Gold ETFs.

    Chinese Gold ETFs are going to bring GLD and SLV to their knees!

    It also explains pressuring the miners. The Bullion Banks on the brink have been practically BEGGING major miners to start hedging again.

    As IF!

    That is what this is all about.

    And by the way - follow the cookie crumb trail - it also explains China putting pressure on the Bullion Banks' once and future darling, Barrick, by scotching - probably only temporarily - the African Barrick deal.

    If people don't understand this sector and look at it the way veterans of the sector do - Good Riddance! Go buy effete dress designers and $7 coffee purveyors.
    Jan 27, 2013. 10:06 AM | Likes Like |Link to Comment
  • Gold And U.S. Government Debt: Highly Correlated [View article]
    A "fine" article from Nadler? Ever?!!!

    Nadler is The Devil, in terms of this sector.

    I have heard that is literally true. People have seen his hooves and prehensile tail. Makes it difficult to wear a business suit.
    Jan 27, 2013. 09:56 AM | Likes Like |Link to Comment
  • What To Expect From Silver Going Forward? [View article]
    Only rumors and innuendo FROM CNBC'ers are acceptable? Hasn't that distinction between Self-Anointed Ones and the entire rest of the Market - or World - gone on a wee bit too long now?

    None of these are MY rumors, by the way. They are what I am picking up from various Internet threads. And they are most interesting in that there seems to be NO agreement whatsoever.

    I DO believe strongly in my analyses - not rumors, analyses - that the move to Chicago to be closer to capital markets makes sense. And that picking up Chicagoland real estate now - before likely big price hikes within a year or so - is a good financial decision.

    And as I have said elsewhere, furious M&A in the PM sector really does have to come soon now. I think we treaded water all last year because of the pending African Barrick sale to the Chinese. Now that is off the table. But note that two big international miners not well known - or at least not well discussed - in the US - Polyus and Polymetal - announced their merger just two days ago.

    Barrick HAS TO make some moves very soon, IMO. So does NEM. GG, as I said earlier, has enough on its plate and is probably concentrating on getting that re-approval of El Morro, a truly world-class property.

    One would have thought that Aurizon's rejection of a lowball bid last week would finally have caused a needed rally among the juniors in North America. No such luck. But sooner or later, the Bigger Boyz are going to have to bite their bullets and make some decent bids.

    Let us hope it is in our lifetimes!
    Jan 27, 2013. 09:37 AM | Likes Like |Link to Comment
  • What To Expect From Silver Going Forward? [View article]
    Latest scuttlebutt is that the PZG San Miguel PEA isn't out yet because CDE is buzzing around the property hard again, while NEM has been buzzing around Sleeper.

    Under this scenario, PZG will sell Sleeper to NEM and San Miguel to CDE, instead of waiting for someone who wants both properties.

    Note that CDE CAN afford San Miguel alone, but not San Miguel plus Sleeper.

    Now, this is as much a rumor as anything else.

    I still like the Colquiri rumor floated last week.

    Or there's another very logical explanation for CDE's quick debt issuance which doesn't involved their buying anything: They need the money for a purchase or long-term lease on their new executive headquarters in Chicago, plus relocation help for top executives. (I believe it will be a new executive headquarters only, with operating people staying in Idaho.)

    Chicago real estate is pricey, but much less pricey than it will probably be in a year or two. So this could make extremely good sense from a financial point of view, even with the high coupon on the debt.

    As I have stated elsewhere, there could be a rather Machiavellian - Bullish Machiavellian - scenario behind the Chicago move: If CDE is to get the next mining slot in the S&P 500, it needs to be somewhere closer to major capital markets, because worldwide investors and non-mining analysts don't want to make the schlep to Idaho.

    More intriguing hints that the Forbes hints about CDE joining the S&P may be absolutely on target: Pretty much constant new - brand-new - references in recent Coeur articles and searches to contrarian Whale investor David Dreman having made Coeur his largest miing sector investment recently. Originally a Canadian and with a strong resources background, the venerable Dreman writes fairly frequently for Forbes, I believe, and is rumored to be a good friend of Steve Forbes. Sooooooooo . . . Very intriguing cookie crumb trails.
    Jan 26, 2013. 11:29 PM | 2 Likes Like |Link to Comment
  • Gold Stocks Are A Minefield, Pun Intended [View article]
    You're not listening to what I said - or at least not absorbing it!

    The sector has spent all its time developing Conservatives and Libertarians as its prime "audiences."

    Those audiences are there, and they are not going to leave.

    What we desperately need to do now is establish an audience of avid Gold-likers among the Progressives, especially since, for now, their Script is dominant in the Market.

    Gold is tied to either a Conservative or Libertarian message ONLY in the US and UK.

    Everywhere else in the World, it is recognized as a very strong Growth sector - a Progressive sector - based on the inexorable Growth a brand-new Bourgeosie, a brand-new Consumer Class, in the most historically Gold-loving countries and regions on Earth: China, India, the rest of Asia, the Middle East, Africa, and Latin America.

    And the Central Banks and Sovereign Wealth Funds understand it is also a Currency Diversification tool, which also ties into a anti-Colonialist, pro-"Bridging the Divide Between Rich and Poor" kind of message, translated into Currency terms.

    If you are marketing a sector, idea-wise and philosophy-wise, it is just plain foolhardy to leave out a large portion of potential buyers out of pure stubbornness!

    Does Dow Chemical say, "Sorry, we only want Liberals as our stockholders, because Conservatives aren't capable of understanding why chemicals are valuable?" Or vice versa?

    Does Starbucks say, "We have decided to market our product to Libertarians only, because we support their politics" - or conversely, "We have decided to ban Libertarians from buying our product, because their philosophy is repugnant to us."

    Only some Ninnies prominent in the Gold sector have decided - in a massive demonstration of Anti-Wisdom - that "This is a sector devoted to those who hold political and economic views we happen to agree with" - albeit, again, only in the US and UK - and "anyone who doesn't agree with our political and economic views shouldn't come near this sector under any circumstances whatsoever."

    Hey, message heard loud and clear! say those on the other side of the argument. And the Gold sector becomes an ideological battleground instead of a sector of companies like any other.

    It's pure madness!
    Jan 26, 2013. 10:35 PM | Likes Like |Link to Comment
  • 2013 Gold And Silver Forecast: New Highs As The Dislocations Continue [View article]
    You would think at least Hulbert would come out with "Pessimism towards PM stocks highest in 8,000 years. Buy! Buy! Buy!"

    I fully expect to hear Starbucks is giving PM share certificates away with $7 coffee orders. Or maybe they'll be tucked into the pockets of $1,000 schmattes from Michael Kors.
    Jan 26, 2013. 11:42 AM | Likes Like |Link to Comment