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GUS100CORRINA

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  • BullionVault's Adrian Ash: Why Gold MUST Go Higher [View article]
    Nice job in assembling information ... but unlike the 1970s, the US debt is up 15+ fold. In addition, the federal reserve balance sheet has increase by a similar percentage.

    Conclusion: It really is different this time and to site Jim Rogers opinion and his perspective on the history of the 1970s has very little, if no, relevance to today's situation. History does not repeat, but it rhymes. To get a glimpse of visual reality of the US debt situation, visit the following web site:

    http://bit.ly/VWYY2y

    If GOLD were to goto $10,000 an ounce, that just might be the motivation for our political leaders to get serious about leadership and come up with a credible fiscal plan. What is interesting, with GOLD at $10,000 an ounce, the US holdings could be partially liquidated to reverse the debt trend from up to down.
    Dec 21 07:09 PM | Likes Like |Link to Comment
  • Seniors Screwed By Fed Policies [View article]
    David ... You are right! Not just seniors, but savers, which happen to be one in the same.

    I am a student of American history and I can assure you and everyone reading this comment that if this was 1,700s, many of our political leaders would have been executed (shot or hung) for treason.

    Just look at the mess we are in with regards to the US debt. To see the debt reality in graphical form, please take time to visit the following web site:

    http://bit.ly/VWYY2y

    America is in a precarious position. What do we see? Congress is on leave and the president is on his way to Hawaii. Unbelievable!
    Dec 21 06:28 PM | 15 Likes Like |Link to Comment
  • Why Bond Bears Should Wait [View article]
    You are probably right ... just makes me sick every time someone mentions the word 'bond'. We have in essence stolen money from our children's future to make this economy work and keep these bond yields so low.

    The day is coming when the wheels will come off the financial cart.
    Dec 21 05:31 PM | 1 Like Like |Link to Comment
  • Is Momentum Shifting On Wall Street? [View article]
    In answer to your question: "Is Momentum Shifting On Wall Street?", my answer will be yes if we begin to see continued buying in commodities. If/when market begins to come to the conclusion that the US Government leaders have no way to manage the current situation without the infliction of significant pain, the shift will be abrupt and violent. We might even see a "RIP YOUR FACE OFF" rally in commodities that will surprise many an investor and bankster because the inflation genie will wreck havoc on the economy.
    Dec 21 03:55 PM | 2 Likes Like |Link to Comment
  • A Very Simple Explanation For Gold's Weakness [View article]
    JKLK0429,

    Good question for Paulo ... it kind of blows his simple GOLD explanation out of the water. I would extend your question to Platinum and Palladium as well. In fact, below are the results of the performance of all the metals at midday. Note that GOLD was the best performing metal of the bunch. It should be noted that the other metals are tied to the economies of the world. COPPER was also down 2% today as well.

    GOLD -1.49%
    SILVER -4.13%
    PLATINUM -2.90%
    PALLADIUM -1.74%

    Bottom Line: Selling probably happening because people want to avoid taxes proposed by our leadership in Washington.
    Dec 20 10:07 PM | 5 Likes Like |Link to Comment
  • A Very Simple Explanation For Gold's Weakness [View article]
    Paulo

    There are two sides to any transaction ... FEAR and FAITH.

    The reality of debt and spending will have to be addressed. If not, the consequences will be a GOLD price that will rise without bound and FEAR will become the motivation because people will eventually loose FAITH in leadership to resolve the fiscal challenges in a credible way. Below is the reality of debt factors that need to be addressed.

    1. US debt is $16.3 Trillion and climbing.
    2. US unfunded liabilities make the who debt calculation soar to above $120+ Trillion.
    3. Federal Reserve balance sheet is expected to soar above $4 Trillion in 2013.
    4. Yesterday, 12/19/12, Fitch fired a downgrade warning shot across the bow of the American ship if it does not address the fiscal cliff issue and soon.

    See video clip at web site below to get a visual picture of what reality looks like.

    http://demonocracy.info
    Dec 20 09:29 PM | 5 Likes Like |Link to Comment
  • Q: What's Wrong With Gold? [View article]
    Market Ace ...

    I concur ... what is really curious today is the following:

    This morning, 20Dec12, the commerce dept. revised up the 3rd Quarter GDP to 3.1. If the economy is truly getting better, then why in the world are platinum, palladium and silver getting absolutely slammed? These metal have industrial uses tied directly to economic activity which makes absolutely no sense to me. Gold is holding up the best. This morning I bought Silver and nibbled at some mining stocks.

    GOLD -1.49%
    SILVER -4.13%
    PLATINUM -2.90%
    PALLADIUM -1.74%
    Dec 20 01:32 PM | Likes Like |Link to Comment
  • Despite Cliff Uncertainty Evidence Supports Bullish Case [View article]
    Chris ... Nice job on analysis and commentary.

    One thing that is perplexing to me in the market is this one fact today, 20Dec12.

    This morning, 20Dec12, the commerce dept. revised up the 3rd Quarter GDP to 3.1. If the economy is truly getting better, then why in the world are platinum, palladium and silver getting absolutely slammed? These metal have industrial uses tied directly to economic activity which makes absolutely no sense to me. Gold is holding up the best. This morning I bought Silver and nibbled at some mining stocks.

    GOLD -1.49%
    SILVER -4.13%
    PLATINUM -2.90%
    PALLADIUM -1.74%
    Dec 20 01:14 PM | Likes Like |Link to Comment
  • Fiscal Thursday: To Cliff Or Not To Cliff - That Is The Question [View article]
    No matter which political position one takes, below is a reality no one can ignore for much longer.

    1. US debt is $16.3 Trillion and climbing.

    2. US unfunded liabilities make the who debt calculation soar to above $120+ Trillion.

    3. Federal Reserve balance sheet is expected to soar above $4 Trillion in 2013.

    4. Yesterday, 12/19/12, Fitch fired a downgrade warning shot across the bow of the American ship if it does not address the fiscal cliff issue and soon.

    See video clip at web site below to get a visual picture of what reality looks like.

    http://demonocracy.info
    Dec 20 11:00 AM | 4 Likes Like |Link to Comment
  • Thursday's Gold And Silver Forecast [View article]
    sdavid0419 ...

    Debt is actually 16.3 Trillion and climbing.
    Dec 20 10:18 AM | 1 Like Like |Link to Comment
  • Betting On A Dollar Crash And Consequent Gold Bull In 2013? Don't. [View article]
    punisher ...

    I absolutely agree with your open remark "Such worthless myopic evaluation of the other currencies." If something doesn't change, US as a nation is on the path to financial armageddon. We need to think about the next generation, not the current generation. I have read reports where current sitting president's plans will expand debt by 20%+ because of spending.

    To the Author:

    Below is something you need to read and internalize. Please, please take the time and go to the web site identified below and watch the video.

    Fitch Warning Issued on 19Dec12
    Ratings firm Fitch warned that it would take America's AAA rating away if politicians can't come to an agreement to avoid the fiscal cliff.

    Fitch said in its 2013 Global Outlook that America's failure to avoid the cliff "would exacerbate rather than diminish the uncertainty over fiscal policy, and tip the US into an avoidable and unnecessary recession."

    "That could erode medium-term growth potential and financial stability. In such a scenario, there would be an increased likelihood that the US would lose its AAA status."
    ==================
    To see why this will happen, just view the following video. Five (5) of these debt skyscrapers occurred within last four years.

    http://demonocracy.info

    Bottom Line: While the market is up over last four (4) years by market cap., the debt is up three (3) fold to achieve the gains.

    May God forgive us for the mismanagement of his gifts and for the theft of our children and grandchildren's future.
    Dec 19 07:36 PM | 1 Like Like |Link to Comment
  • Will We Hold It Wednesday: S&P 1,440 Edition [View article]
    Rich W.

    I agree ... AAPL has a death-cross on chart and after the "painting of the tape crap" is over, AAPL and probably the market in general is going south. In case no one is paying attention, US got a sober downgrade warning from Fitch this morning, 19Dec12.

    Fitch Warning Issued on 19Dec12
    Ratings firm Fitch warned that it would take America's AAA rating away if politicians can't come to an agreement to avoid the fiscal cliff.

    Fitch said in its 2013 Global Outlook that America's failure to avoid the cliff "would exacerbate rather than diminish the uncertainty over fiscal policy, and tip the US into an avoidable and unnecessary recession."

    "That could erode medium-term growth potential and financial stability. In such a scenario, there would be an increased likelihood that the US would lose its AAA status."
    ==================
    To see why this will happen, just view the following video. Five (5) of these debt skyscrapers occurred within last four years.

    http://demonocracy.info

    Bottom Line: While the market is up over last four (4) years by market cap., the debt is up three (3) fold to achieve the gains.

    May God forgive us for the mismanagement of his gifts and for the theft of our children and grandchildren's future.
    Dec 19 12:39 PM | 1 Like Like |Link to Comment
  • Defensive ETFs To Shield Against The Fiscal Cliff [View article]
    What is perplexing to me today is how PRECIOUS METAL miners (GDX, SIL, etc.) have gotten absolutely slammed over last six weeks. All of these companies are making really good money with a lot of growth scheduled to come online within the next 12-24 months. Case in point using AUY as an example:

    This year, 2012, AUY will produce between 1.2MM to 135MM GEO. Next year AUY projected to produce between 1.5MM to 1.75MM GEO. That is nice growth rate. Now some simple math to calculate next year's projected earnings using lower end of production range.

    All-in cost factor = 0.285
    Total Revenue from GEO = 1,500,000 * 1,675/ounce = $2.53 Bil
    Total Revenue from Copper = 135,000,000 lbs * $3.5/Ib = $0.47 Bil
    Total Revenue = $3.0 Bil
    Total Number of Shares = 746,500,000

    Earnings/Share = ($3.0 Bil * 0.285)/746.5 Million = $1.14 / share.
    Projected P/E = 14.9

    Note that above assumes that commodity prices stay same and projects are brought online per schedule. Many of the companies are much better than example I have illustrated above.

    GDX may be on the verge of a huge move upward if price commodities rise as projected.
    Dec 18 10:24 PM | Likes Like |Link to Comment
  • Silver: Polishing Off The Tarnish [View article]
    With silver off, I began a dollar-cost averaging buying process today, 18Dec12. This includes long call options into Jan'14.

    Silver is setting up perfectly for 2013. Let the games begin.

    By the way, US is in the process of building several more "money-based debt skyscrapers". See web site below and watch the video to get a better picture of what I am referring to in this comment section.

    http://demonocracy.info
    Dec 18 01:14 PM | 1 Like Like |Link to Comment
  • Silver Will Rise, Good, Bad Or Otherwise [View article]
    Mr. L. Denny,

    I agree with silver comment.

    While I have never read your addiction book, I sincerely hope that Jesus Christ is at the core of the presentation. I certainly do not see any reference to he Lord Jesus Christ in your information.

    Merry Christmas.
    Dec 18 12:17 PM | 1 Like Like |Link to Comment
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