Delojozafado's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/246038/comments http://seekingalpha.com/article/168050-etf-securities-plans-a-physical-palladium-etf?source=feed#comment-800265 800265
PAL by the way is a gold miner not a palladium producer currently. They have many palladium ore sites and a closed in mine due to cost vs price of PAlladium. The richest of their ores not being currently produced are near 14 gms/ton. As long as the price of diesel oil stays relatively stable the miners can continue to prosper.

We can see mommy kissing Santa but there is no PALL ETF in sight, it does not exist. No real chance to get a pure play exposure except maybe with EMTSF. Whether that is actually the palladium or the blended metals fund I am not sure. Watch out for the commission fees! on that one.

Those waiting for PALL might have something besides nicotine in that pipe whose stem they hold tight in their teeth, with the acrid smoke encircling their heads like a wreath! Palladium and rice ETFs are easy as double 00 on the roulette wheel!]]> Thu, 10 Dec 2009 14:20:05 -0500
PAL by the way is a gold miner not a palladium producer currently. They have many palladium ore sites and a closed in mine due to cost vs price of PAlladium. The richest of their ores not being currently produced are near 14 gms/ton. As long as the price of diesel oil stays relatively stable the miners can continue to prosper.

We can see mommy kissing Santa but there is no PALL ETF in sight, it does not exist. No real chance to get a pure play exposure except maybe with EMTSF. Whether that is actually the palladium or the blended metals fund I am not sure. Watch out for the commission fees! on that one.

Those waiting for PALL might have something besides nicotine in that pipe whose stem they hold tight in their teeth, with the acrid smoke encircling their heads like a wreath! Palladium and rice ETFs are easy as double 00 on the roulette wheel!]]> http://seekingalpha.com/article/168050-etf-securities-plans-a-physical-palladium-etf?source=feed#comment-784089 784089 Tue, 01 Dec 2009 08:05:36 -0500 http://seekingalpha.com/article/168050-etf-securities-plans-a-physical-palladium-etf?source=feed#comment-771555 771555 Sun, 22 Nov 2009 08:11:28 -0500 http://seekingalpha.com/article/173428-silver-use-leverage-on-the-laggard-metal?source=feed#comment-761628 761628 "They" being the energy and materials hard currency economies and the emerging markets. It will be like the" Viisitors" eating the fat ones first. Not just hungry after their long years in suspended animation but also a little musky and wanting to be able to make some soap as well to clean up with after having a good meal.
If "they" come for the grains instead of the Treasuries ...then what happens?]]> Mon, 16 Nov 2009 06:46:00 -0500 "They" being the energy and materials hard currency economies and the emerging markets. It will be like the" Viisitors" eating the fat ones first. Not just hungry after their long years in suspended animation but also a little musky and wanting to be able to make some soap as well to clean up with after having a good meal.
If "they" come for the grains instead of the Treasuries ...then what happens?]]> http://seekingalpha.com/article/167648-dividend-aristocrats-3-to-watch?source=feed#comment-724667 724667 HD) HRO if you want a serious dividend. It went ex TODAY! so you can expect a further drop in the next few days in this immediate shadow period. It is near to it's conversion/redemption. ]]> Thu, 22 Oct 2009 00:55:19 -0400 HD) HRO if you want a serious dividend. It went ex TODAY! so you can expect a further drop in the next few days in this immediate shadow period. It is near to it's conversion/redemption. ]]> http://seekingalpha.com/article/167648-dividend-aristocrats-3-to-watch?source=feed#comment-724661 724661 HCN) would replace Sovereign Bank (taken out of a near collapse by B Santander) in the S&P 500. I am an owner of VZ for the dividend and also own the IPS~ OTT, and BLIAF. I am looking at a chance to grab some RFMD off the disappointing Nokia numbers, lots of cell phone diseased customers of Apple, RIMM, and the rest of the chic fashion accessory "bugs". They will starve their children before giving up these permanent appendages. They have no clue that there is anything wrong with their brains when their phone starts to ring while we are praying at the side of a grave where some of us, are paying our last respects to a loved one. We are sorry to lose such good customers when they win their Darwin awards meeting up with a 40 year old oaks or a Honey wagon when the phone drops on the floor of their car. There is however an inexhaustible supply of 9-12 year olds always coming up behind to replace the lost business. There are some very good yields to be had in the shorter Med term bond market funds. Of course dilution issues with funds but then diversification too. Who knew so many A or better rated individual bond issuances like WAmu would just default! You can get an awful good yield without the qualified dividend tax break in a string of beads of TIP,WIA,GYB,CUI,LQD,MI... JGT,ESD, FAX and IAE. There are besides the NGZ some great convrts AES-C and ADM-A are both just smokin' as of late. Very speculative if it pulls back below $68 the MMR-M and the HL-C a very interesting como se llama. The conversion plus the year of delinquent CUMULATIVE distributions are built into the stock. When it sometimes sells off it is a great chance to get something at a deep discount. HL will of course report monster earnings in 2 weeks and this should drive the shares higher as we are currently seeing with the confirmed but not quite sure discovery that has driven MMR 13% higher in the last two days. PAL another small fry that just got a C$50.4 million infusion on a subsequent share issuance of 16 million new shares. More of an investment as they pivot around the closing price on the deal of $2.87 US $s. The cash will be put into production improvements that should be quickly accretive. HL for instance went deep in the whole for some acquisitions and just paid out $38 million in cash to retire the debt. A 50% move higher in Silver this YTD has left them flush. They have increased their market cap from just under one billion to 1.12 billion in the last 6 weeks. ]]> Thu, 22 Oct 2009 00:48:29 -0400 HCN) would replace Sovereign Bank (taken out of a near collapse by B Santander) in the S&P 500. I am an owner of VZ for the dividend and also own the IPS~ OTT, and BLIAF. I am looking at a chance to grab some RFMD off the disappointing Nokia numbers, lots of cell phone diseased customers of Apple, RIMM, and the rest of the chic fashion accessory "bugs". They will starve their children before giving up these permanent appendages. They have no clue that there is anything wrong with their brains when their phone starts to ring while we are praying at the side of a grave where some of us, are paying our last respects to a loved one. We are sorry to lose such good customers when they win their Darwin awards meeting up with a 40 year old oaks or a Honey wagon when the phone drops on the floor of their car. There is however an inexhaustible supply of 9-12 year olds always coming up behind to replace the lost business. There are some very good yields to be had in the shorter Med term bond market funds. Of course dilution issues with funds but then diversification too. Who knew so many A or better rated individual bond issuances like WAmu would just default! You can get an awful good yield without the qualified dividend tax break in a string of beads of TIP,WIA,GYB,CUI,LQD,MI... JGT,ESD, FAX and IAE. There are besides the NGZ some great convrts AES-C and ADM-A are both just smokin' as of late. Very speculative if it pulls back below $68 the MMR-M and the HL-C a very interesting como se llama. The conversion plus the year of delinquent CUMULATIVE distributions are built into the stock. When it sometimes sells off it is a great chance to get something at a deep discount. HL will of course report monster earnings in 2 weeks and this should drive the shares higher as we are currently seeing with the confirmed but not quite sure discovery that has driven MMR 13% higher in the last two days. PAL another small fry that just got a C$50.4 million infusion on a subsequent share issuance of 16 million new shares. More of an investment as they pivot around the closing price on the deal of $2.87 US $s. The cash will be put into production improvements that should be quickly accretive. HL for instance went deep in the whole for some acquisitions and just paid out $38 million in cash to retire the debt. A 50% move higher in Silver this YTD has left them flush. They have increased their market cap from just under one billion to 1.12 billion in the last 6 weeks. ]]> http://seekingalpha.com/article/166199-what-s-next-for-gold-and-the-dollar?source=feed#comment-714697 714697 Then as with Major Tom something went wrong. The Fed Chairman said not to worry "well contained". The New Century CEO retired 4 months before it was revealed that there were irregularities in the financials. The "Dumya" went on a spending spree on a War on weapons of mass deception and the creation of the Medicare prescription drug program. Taxes to pay for any of it ? Then we found out CIT & Washington Mutual & their ilk were shopping around their debt ratings. It turned out the ratings agencies were getting paid for their debt ratings. Uht oh! Finally we were told we had to spend a couple trillion dollars to bail out the likes of BOA so they could pay out bonuses in the millions to Merill Lynch employees who had made lots of money for a failed firm. They performed well so they were not to be punished by the failure of the firm.

In a Democracy it is not nice to pizz off the plebe cite. What we have now is the back lash of the American people voting themselves some of the largess. Indeed the whole mid-term election will swing on whether the S&P can get back to a 1250 range and stay there for a while. The bitter health care debate is not going to matter when voters go to the polls in 13 months. Instead it will be what they see inside those envelopes that they receive in July . Voters are now starting to open those quarterly 401-K and IRA statements and they are feeling more sanguine. A 1250 S&P means they will see loses in their investment portfolios instead of a total annihilation of lifetime savings.

The massive liquidity flood must continue on for that to happen. Americans are now intent on voting themselves largess. They are intent on extracting some thing more from the wealthy and the filthy rich. What they perceive now as a class of people who prospered at the expense of their life savings and children's college funds.

The people want what they want. They don't care about or even need to understand about asset inflation. The seniors with CD's did not lose their savings? But they are losing their ability to support themselves on 1.7% CD rates. They embrace the hope of a '70- 80s inflation and 17% CD rates. No one is going to be sold on the idea that the defined contribution retirement plan is going to replace Social Security anymore. We still find state legislatures defining usury as being 39%. Again if you allow the creditors to amass giant un-collectable balances there are going to continue to be failures.

The right in America failed miserably in their leadership when they had the people. The average guy on the street does not care about M-2, the value of the Yen, what some bureaucrat in China says, or what is going on with precious metals. His or Her perception is based on whether they think they are going to get a "Fair Deal" from the leadership of the country. For them Rush is as entertaining as Sienfeld. Very entertaining for less than ten minutes. For them it is now about more reality and less O'Rielly. ]]> Wed, 14 Oct 2009 07:08:22 -0400 Then as with Major Tom something went wrong. The Fed Chairman said not to worry "well contained". The New Century CEO retired 4 months before it was revealed that there were irregularities in the financials. The "Dumya" went on a spending spree on a War on weapons of mass deception and the creation of the Medicare prescription drug program. Taxes to pay for any of it ? Then we found out CIT & Washington Mutual & their ilk were shopping around their debt ratings. It turned out the ratings agencies were getting paid for their debt ratings. Uht oh! Finally we were told we had to spend a couple trillion dollars to bail out the likes of BOA so they could pay out bonuses in the millions to Merill Lynch employees who had made lots of money for a failed firm. They performed well so they were not to be punished by the failure of the firm.

In a Democracy it is not nice to pizz off the plebe cite. What we have now is the back lash of the American people voting themselves some of the largess. Indeed the whole mid-term election will swing on whether the S&P can get back to a 1250 range and stay there for a while. The bitter health care debate is not going to matter when voters go to the polls in 13 months. Instead it will be what they see inside those envelopes that they receive in July . Voters are now starting to open those quarterly 401-K and IRA statements and they are feeling more sanguine. A 1250 S&P means they will see loses in their investment portfolios instead of a total annihilation of lifetime savings.

The massive liquidity flood must continue on for that to happen. Americans are now intent on voting themselves largess. They are intent on extracting some thing more from the wealthy and the filthy rich. What they perceive now as a class of people who prospered at the expense of their life savings and children's college funds.

The people want what they want. They don't care about or even need to understand about asset inflation. The seniors with CD's did not lose their savings? But they are losing their ability to support themselves on 1.7% CD rates. They embrace the hope of a '70- 80s inflation and 17% CD rates. No one is going to be sold on the idea that the defined contribution retirement plan is going to replace Social Security anymore. We still find state legislatures defining usury as being 39%. Again if you allow the creditors to amass giant un-collectable balances there are going to continue to be failures.

The right in America failed miserably in their leadership when they had the people. The average guy on the street does not care about M-2, the value of the Yen, what some bureaucrat in China says, or what is going on with precious metals. His or Her perception is based on whether they think they are going to get a "Fair Deal" from the leadership of the country. For them Rush is as entertaining as Sienfeld. Very entertaining for less than ten minutes. For them it is now about more reality and less O'Rielly. ]]> http://seekingalpha.com/article/165376-tips-are-no-longer-a-steal?source=feed#comment-711688 711688
I had already figured out a month ago what the author is pointing out. So then what do we do? I started buying GYB the Goldman Sacks floating rate derivative at 5.8%. I guess that was a good idea then!, so now it is 5.25% and I am not so enamored of it. So this past couple weeks I added some GGC with all it's complexities with premium/discount/ROC the whole mess and yet as long as these gold and Nat resources continue higher then the 10% yield will hold up? Probably not but then even with a correction down near $900 on gold the TOTAL return should work as well as the TIP and WIA, especially if they do get legs again. Friday I added a 100 of VZ as an initial position for the 6.4%.

I would appreciate some posters posting some alternative same concept ideas to TIP instead of debating the finer points of what may happen or maybe is happening in the inflation debate. Google "Mark Hulpert/ Bonds and gold"... for a very well thought out piece on that debate.

While I was nearly 4% exposed to precious metals I recently have been trying to get that increased to 6.5% by buying HL-PC (Suspended but) cumulative and some GGC. I have also in the last two weeks added 5 Canadian Platinum Maples to my bullion position.

With so many bonds either medium term funds like LQD, CIU,MIN & DUC, or short term individual Corporates I have been taking out some insurance on a dollar cost averaging basis in PST,TBT and more recently adding some TMV as well. While I am down +3K in that combined position most of my preferred stuff with long term exposure is up +30%. REP-PA, ADM-PA, HCN-PG, JPM-W, OHI_PD,AES-PC , GFW,GFZ, DKT. I am trading in lower yielding bonds for high yielding long maturitiy Preferreds and stocks like BRPFF,ATPWF,NFYIF,ATBUF, OTT ,BLIAF, any thing that is better than a 6.5% yielder with growth and of megatrend capacity.

Every time I discover another gem like GYB,GFW and GFZ "they" swoop down and drive the price higher before I get a chance to add to the position at any kind of decent valuation.

Those are some IDEAs I am getting itchy on in waiting for this next sell off like we last saw in July. It is sure to come and I want to be ready to nail down some good stuff cheap. IAF is looking good to me now but too richly valued. I keep waiting for BLIAF to knock off 50 cents some morning so I can add. All this stuff keeps going higher . Tips are not the only thing getting way over valued!

WE saw the ten year note hit 3.14% on Thursday 10/8 mid-morning.
On Friday we saw it sell off sharply making a 3.4% mark intra-day finishing at 3.384. That is a fairly large 2 day swing. So maybe the next move in the Ten year back to the 4% level we saw in the spring may have already started and income investors that stayed patient hoarded cash ansd hedged longer term maturities will finally have a chance to buy into the Medium term market again for good solid yields.]]> Sat, 10 Oct 2009 11:46:53 -0400
I had already figured out a month ago what the author is pointing out. So then what do we do? I started buying GYB the Goldman Sacks floating rate derivative at 5.8%. I guess that was a good idea then!, so now it is 5.25% and I am not so enamored of it. So this past couple weeks I added some GGC with all it's complexities with premium/discount/ROC the whole mess and yet as long as these gold and Nat resources continue higher then the 10% yield will hold up? Probably not but then even with a correction down near $900 on gold the TOTAL return should work as well as the TIP and WIA, especially if they do get legs again. Friday I added a 100 of VZ as an initial position for the 6.4%.

I would appreciate some posters posting some alternative same concept ideas to TIP instead of debating the finer points of what may happen or maybe is happening in the inflation debate. Google "Mark Hulpert/ Bonds and gold"... for a very well thought out piece on that debate.

While I was nearly 4% exposed to precious metals I recently have been trying to get that increased to 6.5% by buying HL-PC (Suspended but) cumulative and some GGC. I have also in the last two weeks added 5 Canadian Platinum Maples to my bullion position.

With so many bonds either medium term funds like LQD, CIU,MIN & DUC, or short term individual Corporates I have been taking out some insurance on a dollar cost averaging basis in PST,TBT and more recently adding some TMV as well. While I am down +3K in that combined position most of my preferred stuff with long term exposure is up +30%. REP-PA, ADM-PA, HCN-PG, JPM-W, OHI_PD,AES-PC , GFW,GFZ, DKT. I am trading in lower yielding bonds for high yielding long maturitiy Preferreds and stocks like BRPFF,ATPWF,NFYIF,ATBUF, OTT ,BLIAF, any thing that is better than a 6.5% yielder with growth and of megatrend capacity.

Every time I discover another gem like GYB,GFW and GFZ "they" swoop down and drive the price higher before I get a chance to add to the position at any kind of decent valuation.

Those are some IDEAs I am getting itchy on in waiting for this next sell off like we last saw in July. It is sure to come and I want to be ready to nail down some good stuff cheap. IAF is looking good to me now but too richly valued. I keep waiting for BLIAF to knock off 50 cents some morning so I can add. All this stuff keeps going higher . Tips are not the only thing getting way over valued!

WE saw the ten year note hit 3.14% on Thursday 10/8 mid-morning.
On Friday we saw it sell off sharply making a 3.4% mark intra-day finishing at 3.384. That is a fairly large 2 day swing. So maybe the next move in the Ten year back to the 4% level we saw in the spring may have already started and income investors that stayed patient hoarded cash ansd hedged longer term maturities will finally have a chance to buy into the Medium term market again for good solid yields.]]> http://seekingalpha.com/article/158258-supercycle-or-not-expensive-oil-is-unavoidable?source=feed#comment-687194 687194
The whole profit thing needs to be taken out of the mass transit issue. If we want to have a national policy reducing oil dependence then we need to do what other nations do and make the riding of mass transit "Too cheap to meter". If you provide adequate service and frequencies then mass transit that costs 1/3 to 1/4 th of what driving a car costs then the consumer will gravitate to a less convenient transportation mode. As it is now even the parking lots at many mass transit stops charge a parking fee. Parking has to be vastly expanded and made free of charge. Increasing costs of labor,maintenance and operation have to be mostly borne by the Gov't to foster the delta of driving to work vs using the bus and train economically disadvantageous. This means toll roads and higher tolls as well ,and high gasoline taxes to subsidize mass transit.

In the end only the Vegan types are willing to vote for that agenda. What do you do for the parts of the country that are thinly populated?
Create a population density coefficient to apply to the higher gas taxes?]]> Wed, 23 Sep 2009 08:01:38 -0400
The whole profit thing needs to be taken out of the mass transit issue. If we want to have a national policy reducing oil dependence then we need to do what other nations do and make the riding of mass transit "Too cheap to meter". If you provide adequate service and frequencies then mass transit that costs 1/3 to 1/4 th of what driving a car costs then the consumer will gravitate to a less convenient transportation mode. As it is now even the parking lots at many mass transit stops charge a parking fee. Parking has to be vastly expanded and made free of charge. Increasing costs of labor,maintenance and operation have to be mostly borne by the Gov't to foster the delta of driving to work vs using the bus and train economically disadvantageous. This means toll roads and higher tolls as well ,and high gasoline taxes to subsidize mass transit.

In the end only the Vegan types are willing to vote for that agenda. What do you do for the parts of the country that are thinly populated?
Create a population density coefficient to apply to the higher gas taxes?]]> http://seekingalpha.com/article/161130-how-low-can-the-dollar-go?source=feed#comment-675833 675833
An excellent resource for gleaning the trend and the daily update to this concept is the chart at the bottom of the KITCO home page. Here are put in relation not just the daily price swings in gold but the concurrent swings in major currencies as well. Gold advances and retraces at different percentages as against different currencies.

Some other themes that may benefit are for example a SLS the vertical chart with it's portfolio of INTERNATIONAL REITs strongly !under! weighting US REITs. The NGZ the global convertible securities fund only 17% US weighted. The EWC and EWS two ETFs that are sector funds in two countries with very strong banking systems and central banks that are eschewing "Q" easing. IAF the Aussie dollar theme. EWM the Malaysian thing also with huge resources both mineral and agricultural. LAQ for the Latin American exposure with the same theme. CRESY and SQM in Ags. VWDRY & BRPFF in Alt energy. BPR in oil.Etc Etc.]]> Mon, 14 Sep 2009 11:16:49 -0400
An excellent resource for gleaning the trend and the daily update to this concept is the chart at the bottom of the KITCO home page. Here are put in relation not just the daily price swings in gold but the concurrent swings in major currencies as well. Gold advances and retraces at different percentages as against different currencies.

Some other themes that may benefit are for example a SLS the vertical chart with it's portfolio of INTERNATIONAL REITs strongly !under! weighting US REITs. The NGZ the global convertible securities fund only 17% US weighted. The EWC and EWS two ETFs that are sector funds in two countries with very strong banking systems and central banks that are eschewing "Q" easing. IAF the Aussie dollar theme. EWM the Malaysian thing also with huge resources both mineral and agricultural. LAQ for the Latin American exposure with the same theme. CRESY and SQM in Ags. VWDRY & BRPFF in Alt energy. BPR in oil.Etc Etc.]]> http://seekingalpha.com/article/161130-how-low-can-the-dollar-go?source=feed#comment-675642 675642 BLIAF)for the VZ "FIOS" of the Maritimes outbuilding of broad band and their very loyal narcissistic cell phone customer base. With these strong dividend plays you get a leverage to owning the FXC. The EWC is of course a great ETF as is the from worst to first ENY. Very interesting chart on the GACHF. Of course there may even be place to buy Teck Commie. The SXRZF has made a quad as against it's 10/28/08 low, as uranium is mentioned.Meanwhile I still believe in the SQM for it's lithium exposure over the Lonnie guano. As for grains how about a 3 week chart of that CRESY . EH?


On Sep 12 04:43 PM Mad Hedge Fund Trader wrote:

> iivn Hedge fund longs have been bunching up in the Canadian dollar
> for the past two months. Canada makes what everyone wants and doesn’t
> have enough people to consume it, making them a major exporter of
> everything hot. I bet you didn’t know that the frozen wasteland to
> the North is our largest foreign oil supplier. Most people guess
> Saudi Arabia. The Canadian supply is slated to double over the next
> 20 years, thanks to the environmental atrocity of oil sands. The
> land of Mike Myers, Jim Carey, and Pamela Anderson (note gratuitous
> photo below) is also a big supplier of gold, silver, lead, grain,
> uranium, wood, and other hard things. As for mosquitoes, they’ve
> got a lock on the market. Use dip to accumulate the loony. If you
> catch me singing “O Canada” in the shower, you’ll understand why.]]> Mon, 14 Sep 2009 10:08:11 -0400 BLIAF)for the VZ "FIOS" of the Maritimes outbuilding of broad band and their very loyal narcissistic cell phone customer base. With these strong dividend plays you get a leverage to owning the FXC. The EWC is of course a great ETF as is the from worst to first ENY. Very interesting chart on the GACHF. Of course there may even be place to buy Teck Commie. The SXRZF has made a quad as against it's 10/28/08 low, as uranium is mentioned.Meanwhile I still believe in the SQM for it's lithium exposure over the Lonnie guano. As for grains how about a 3 week chart of that CRESY . EH?


On Sep 12 04:43 PM Mad Hedge Fund Trader wrote:

> iivn Hedge fund longs have been bunching up in the Canadian dollar
> for the past two months. Canada makes what everyone wants and doesn’t
> have enough people to consume it, making them a major exporter of
> everything hot. I bet you didn’t know that the frozen wasteland to
> the North is our largest foreign oil supplier. Most people guess
> Saudi Arabia. The Canadian supply is slated to double over the next
> 20 years, thanks to the environmental atrocity of oil sands. The
> land of Mike Myers, Jim Carey, and Pamela Anderson (note gratuitous
> photo below) is also a big supplier of gold, silver, lead, grain,
> uranium, wood, and other hard things. As for mosquitoes, they’ve
> got a lock on the market. Use dip to accumulate the loony. If you
> catch me singing “O Canada” in the shower, you’ll understand why.]]> http://seekingalpha.com/article/159588-how-to-invest-in-cellulosic-ethanol?source=feed#comment-659741 659741
Well then it happened with VRNM. As I had pointed out a reverse split of 1:12 was approved at Monday's annual meeting. In addition the "option swap" of worthless options for the highly compensated top level management in this micro cap company, for new options instruments with equity created out of shareholder equity was also approved. VRNM saw their shares fall off more than 7% in after market trading to 55 cents. That is down from the 65 cents they closed near last Friday.

Amazing that the Obama administration's DOE would grant loans/loan guarantees/&/or grants to this company where in a Merrill Lynch/BOA type of scenario TAXPAYERS MONEY will be diverted as BONUSES into the pockets of high level management that have so miserably failed in the management of the company that they now have had to resort to a reverse stock split! Obviously no one in the Obama Administration is paying any attention to these low level small company chiselers.

You have to wonder how many hundreds of these kinds of scams there are going on out there! The Obama Administration is legitimately trying to get the economy going by helping out these outfits who in the end, each provide employment for hundreds of employees. I guess it is like food stamps . If only 10% of the food stamps are used to buy Lobsters & Steaks for someone at 80 cents on the dollar so that the person in that way 'selling" their food stamps can buy cigarettes and beer with the cash, at least 90% of the needy are actually getting the help they desperately need?]]> Thu, 03 Sep 2009 03:03:53 -0400
Well then it happened with VRNM. As I had pointed out a reverse split of 1:12 was approved at Monday's annual meeting. In addition the "option swap" of worthless options for the highly compensated top level management in this micro cap company, for new options instruments with equity created out of shareholder equity was also approved. VRNM saw their shares fall off more than 7% in after market trading to 55 cents. That is down from the 65 cents they closed near last Friday.

Amazing that the Obama administration's DOE would grant loans/loan guarantees/&/or grants to this company where in a Merrill Lynch/BOA type of scenario TAXPAYERS MONEY will be diverted as BONUSES into the pockets of high level management that have so miserably failed in the management of the company that they now have had to resort to a reverse stock split! Obviously no one in the Obama Administration is paying any attention to these low level small company chiselers.

You have to wonder how many hundreds of these kinds of scams there are going on out there! The Obama Administration is legitimately trying to get the economy going by helping out these outfits who in the end, each provide employment for hundreds of employees. I guess it is like food stamps . If only 10% of the food stamps are used to buy Lobsters & Steaks for someone at 80 cents on the dollar so that the person in that way 'selling" their food stamps can buy cigarettes and beer with the cash, at least 90% of the needy are actually getting the help they desperately need?]]> http://seekingalpha.com/article/159588-how-to-invest-in-cellulosic-ethanol?source=feed#comment-658421 658421
Be careful of this one. It has legs against the Gov't funding/assistance forthcoming but the traders and insiders are likely to leave you high and dry if you think you can make a total position, an all in all out Long term holding.

A couple larger caps also of note here are the Dutch conglomerate RDSMY.PK and ADM or more specifically the ADM-A mand cnvt of 5/11 with it's 8.25% yield. While ADM has it's 20% of its business model in mostly corn based ethanol, they have put expansion mansion designs into their newer facilities to accommodate a morphing into the accommodating of larger quantities of biomass for a transition over to a cellulosic process, most likely under a license from a VRNM,DYAI,BFRE etc There is a very excellent website "thecesite.com" that has about 80 different companies listed to explore this whole cellulosic ethanol theme.]]> Wed, 02 Sep 2009 12:04:54 -0400
Be careful of this one. It has legs against the Gov't funding/assistance forthcoming but the traders and insiders are likely to leave you high and dry if you think you can make a total position, an all in all out Long term holding.

A couple larger caps also of note here are the Dutch conglomerate RDSMY.PK and ADM or more specifically the ADM-A mand cnvt of 5/11 with it's 8.25% yield. While ADM has it's 20% of its business model in mostly corn based ethanol, they have put expansion mansion designs into their newer facilities to accommodate a morphing into the accommodating of larger quantities of biomass for a transition over to a cellulosic process, most likely under a license from a VRNM,DYAI,BFRE etc There is a very excellent website "thecesite.com" that has about 80 different companies listed to explore this whole cellulosic ethanol theme.]]> http://seekingalpha.com/article/152751-what-does-the-future-hold-for-reits-etfs?source=feed#comment-610567 610567 Sat, 01 Aug 2009 06:30:00 -0400 http://seekingalpha.com/article/145673-friday-s-closing-update?source=feed#comment-583674 583674 Sat, 11 Jul 2009 13:46:38 -0400 http://seekingalpha.com/article/143167-natural-gas-the-next-big-thing?source=feed#comment-551647 551647 Thu, 18 Jun 2009 08:02:06 -0400 http://seekingalpha.com/article/135748-spes-the-next-financial-crisis-buzz-word?source=feed#comment-498729 498729 LNG).
Cash would seem to be the best investment against the final push lower in the energy,Base metals, precious metals and AGs in the next leg down in the global stock market averages? At another lower valuation the acquisition of any and all commodity/energy themes with yield would seem to be the way forward. How about the TMV?]]> Mon, 11 May 2009 08:48:48 -0400 LNG).
Cash would seem to be the best investment against the final push lower in the energy,Base metals, precious metals and AGs in the next leg down in the global stock market averages? At another lower valuation the acquisition of any and all commodity/energy themes with yield would seem to be the way forward. How about the TMV?]]> http://seekingalpha.com/article/136413-mortgage-resets-one-shoe-dropping?source=feed#comment-495215 495215 The Game is over with the "Q" easing. Look at the price action in international (NOT international US based) oils like BP,STO,RDS/B and the ETF ENY (Canada) since the Fed meeting in March. Look at the price action in oil itself. UT ..OHH we are heading for +$60 with in a week? The price of Nat gas has vaulted through $4 as well making a huge percentage move in just days. Silver backed off some after smashing through $14, but the gold, silver and platinum are moving ahead again this morning. If gold breaks out of the $865- $920 trading range to the upside then the US Treasury,Fed and Long Term bond holders in general are going to have the hurtin' put on them.
What all this MEANS??? Is that the sub 5% /30 year mortgage rate is about to become a missed window of opportunity for the would-be buyers awaiting lower housing prices. The lower prices are coming no doubt but will the actual cost of ownership be going down? Not likely as taxes, utilities, and insurance as well as mortgage loads increase against the known expectation for inflation in what is now perceived by most to be in the mid term NOT long term out look.
There is still some disinflation afoot as evidenced by the telecom action this week as well as the sanguine attitude towards this weeks unemployment numbers as a derivative somehow being a positive. All of this is going to ultimately weigh on wages and pension benefits to those employed in the public sector. More disinflation pressure I suppose. In all the euphoria over the Stress tests underwriting the major banks no one seems to pay any attention to the Treasury's & fed's stipulation that the expectation going forward is for an additional 700 Billion in write downs still on their way for these banks. Sure they will now be expected to survive it but at what cost? Anyone like the TMV,TBT, or SRS?]]> Fri, 08 May 2009 08:07:36 -0400 The Game is over with the "Q" easing. Look at the price action in international (NOT international US based) oils like BP,STO,RDS/B and the ETF ENY (Canada) since the Fed meeting in March. Look at the price action in oil itself. UT ..OHH we are heading for +$60 with in a week? The price of Nat gas has vaulted through $4 as well making a huge percentage move in just days. Silver backed off some after smashing through $14, but the gold, silver and platinum are moving ahead again this morning. If gold breaks out of the $865- $920 trading range to the upside then the US Treasury,Fed and Long Term bond holders in general are going to have the hurtin' put on them.
What all this MEANS??? Is that the sub 5% /30 year mortgage rate is about to become a missed window of opportunity for the would-be buyers awaiting lower housing prices. The lower prices are coming no doubt but will the actual cost of ownership be going down? Not likely as taxes, utilities, and insurance as well as mortgage loads increase against the known expectation for inflation in what is now perceived by most to be in the mid term NOT long term out look.
There is still some disinflation afoot as evidenced by the telecom action this week as well as the sanguine attitude towards this weeks unemployment numbers as a derivative somehow being a positive. All of this is going to ultimately weigh on wages and pension benefits to those employed in the public sector. More disinflation pressure I suppose. In all the euphoria over the Stress tests underwriting the major banks no one seems to pay any attention to the Treasury's & fed's stipulation that the expectation going forward is for an additional 700 Billion in write downs still on their way for these banks. Sure they will now be expected to survive it but at what cost? Anyone like the TMV,TBT, or SRS?]]> http://seekingalpha.com/article/134482-why-this-rally-is-unsustainable?source=feed#comment-488537 488537 SRS) and looking to add at $21.XX. I love the (TBT) and am hoping to unload some of it today while the trend is still up. I have sold out completely of two LT bond Funds in the last 2 weeks for nice gains (ICB), & (BDF). I just unloaded a junk bond/bank debt fund as well (VTA) for a very slight loss as things are just too scary up at this level. I have raised over $100K in cash in the last 6 weeks for some great gains. I have fired my former slime ball predator Raymond James Broker. Too bad it is a great highly reputable firm but they let this POS work there and misrepresent and sell inappropriate crap! They will learn. If only I can get out from under some TBT so when it derops back below $45 again I can buy some (TMV). Why are the AGQ,DGP., and PTM working so well? well there is the physical holder platinum ETF comming. Now we see these VIX ETFs just introduced. i agree with the authors "slow money" fast money leveraged professional trader scenario. By the time the late to the party, panicked that they were missing out on this raly individual, mutual fund, and pension fund investors figure it out there will be tha dearth of buyers. Remember those +5% one day down days last year? As Naufal has pointed out, what has changed. YUM & BWW profits are up and they are hiring at $11.50 an hour? These kinds of jobs can not even support the utilities, insurance and property taxes on a house! The (TBT) action is telling us that the sub 5% 30 year mortgage is about to be a brief footnote in history!]]> Mon, 04 May 2009 09:46:26 -0400 SRS) and looking to add at $21.XX. I love the (TBT) and am hoping to unload some of it today while the trend is still up. I have sold out completely of two LT bond Funds in the last 2 weeks for nice gains (ICB), & (BDF). I just unloaded a junk bond/bank debt fund as well (VTA) for a very slight loss as things are just too scary up at this level. I have raised over $100K in cash in the last 6 weeks for some great gains. I have fired my former slime ball predator Raymond James Broker. Too bad it is a great highly reputable firm but they let this POS work there and misrepresent and sell inappropriate crap! They will learn. If only I can get out from under some TBT so when it derops back below $45 again I can buy some (TMV). Why are the AGQ,DGP., and PTM working so well? well there is the physical holder platinum ETF comming. Now we see these VIX ETFs just introduced. i agree with the authors "slow money" fast money leveraged professional trader scenario. By the time the late to the party, panicked that they were missing out on this raly individual, mutual fund, and pension fund investors figure it out there will be tha dearth of buyers. Remember those +5% one day down days last year? As Naufal has pointed out, what has changed. YUM & BWW profits are up and they are hiring at $11.50 an hour? These kinds of jobs can not even support the utilities, insurance and property taxes on a house! The (TBT) action is telling us that the sub 5% 30 year mortgage is about to be a brief footnote in history!]]> http://seekingalpha.com/article/134594-wall-street-breakfast-must-know-news?source=feed#comment-487677 487677 Sun, 03 May 2009 14:35:29 -0400 http://seekingalpha.com/article/132906-financial-sector-ultra-shorts-must-have-protection-against-banking-sector-madness?source=feed#comment-487658 487658 These funds have been great in laying off some risk associated with the interest risk of owning of some long term bond funds that I have disposed of for a nice total gain in the last 3 weeks. While paying out some pretty nice distributions BDF & ICB had their prices supported & advanced on the market rallying. I have now taken a partial in LQD against some of the funds generated from the sales. I am now also looking at the CSJ as also being relatively safer than the funds I have sold out of which also included a very small total return loss on some VTA, distressed bank debt. I am maintaining my positions in partial sovereign debt med term MIN and the med term utility related DUC which I am also looking for opportunities to add to. I would hope to see the Ten year bond weaken just a little further this week as I am several thousand dollars ahead in my position in (TBT) and would like to take a little off here. Another poster commented about Fed actions. A chart will show you how volatile some of these levered but long term effective levered ETFs sometimes are and do misbehave. We saw the AGQ make an intra-day low of $33.12 on the day in March when the FED after their meeting adjourned announced the "Q" easing. AGQ shot to over $38 by the end of the day and tacked on a couple dollars more the next day. A pretty nice jolt & intra-day range to the DGP as well. In contrast the TBT tumbled and not in any panic I swooped in and took a partial position below $44.00. All of my partials in TBT are below that price. There is no power on heaven or earth that can keep the double short leveraged ETF (TBT) down below $45 for more than a day and a half. That is the chart for the last 4 months! At plus $50 I think it would be prudent to lighten up some but long term it is headed higher just as the TLT is headed for a big sell off. I will be patient and see if gold can work it's way back down to below $850 and if it does, I will gladly pay $17.50 for another 100 shares of DGP. There will be a time for BDD & DAG as well. They are working for someone over more than a day or two as well! The Nasdaq has so far led in this bully bear market leg. Let it continue let it increase. Tech never does well over the summer months, it just NEVER does! Being patient we must see if the rally can continue here even though it has stalled for more than a week now in the 865-880 SP level. I will start taking my partial positions in (TYP) shortly and add to (SRS) should it break below $22. Time here to get a lot off the table and take a few short partial positions incrementally. Ghost malls and people's unemployment benefits running out are what is going to kill commercial real estate. General Growth and Centro are just the New Century and Thornburgs of last year's residential real estate melt down. Banks still have 1.7 trillion of bad debts to write off, I burned 3 credit card notices from BAC this morning about how they are increasing fees and limiting my credit. Nothing that affects me personally or anyone else who can actually pay their bills on time. Coincidentally another American icon American Express, last week had it's credit rating downgraded to junk. The Ten year has breached 3.2% so sub 5% fixed rate 30 yr mortgages are about to go down the tubes as well, just as the Treasury will be back this week selling another 75 billion in debt. TBT will be at $60 in less than 2 years. A 60/40 blend of LQD/CSJ may not produce much of a total return over that period but you will still have most of your principle and the yields will by then have jumped to 10.5% & 6.75% respectively from the current 6.7% and 4.2%. The TBT hedge will produce a very decent combined total return. The throwing of the Chrysler bond holders under the bus with the preferred shareholders of Frannie-Mac and the share holders of Wachovia is just a warm up act for the fiasco coming for GM and eventually fall out to Ford Credit as well. This market is now running higher if it does, on fumes and the buyer stampede of the chumps coming in too late thinking they have missed it. These then the chumps, and their brethren mutual fund and pension fund administrators will be left holding the bag and be deserted by the professional traders who will take their profits and go away to play another day in another season. There will be no buyers just panicked sellers once more as we move through July to October. None of this will stop or hamper the Treasury from continuing to dump debt on the global market even as their own "TIC" reports have ominous overtones. Millions of tons of copper are being stockpiled on thousands of acres in China even as China builds a strategic Pet Reserve three times larger than our own. But they just have to buy our debt! don't they? I imagine China approaching the US debt issue as the Treasury and the Fed approached Frannie Mae. To paraphrase Pauly the Rat and Ben the Dollar Slayer in what they often reiterated, "We see the debt relationship with China essentially being maintained in it's current structure". Or was that what they meant on GSE's? Then Sheila the Beard knocking off Wachovia to less than a $ on a weekend mob hit. Oh didn't she first ask Wells Fargo what they thought it was actually worth. When the Chinese just say no thanks and continue stockpiling commodities from Australia, Latin America, South Africa, and Canada, "they" will just have to buy our debt instead?]]> Sun, 03 May 2009 14:14:17 -0400 These funds have been great in laying off some risk associated with the interest risk of owning of some long term bond funds that I have disposed of for a nice total gain in the last 3 weeks. While paying out some pretty nice distributions BDF & ICB had their prices supported & advanced on the market rallying. I have now taken a partial in LQD against some of the funds generated from the sales. I am now also looking at the CSJ as also being relatively safer than the funds I have sold out of which also included a very small total return loss on some VTA, distressed bank debt. I am maintaining my positions in partial sovereign debt med term MIN and the med term utility related DUC which I am also looking for opportunities to add to. I would hope to see the Ten year bond weaken just a little further this week as I am several thousand dollars ahead in my position in (TBT) and would like to take a little off here. Another poster commented about Fed actions. A chart will show you how volatile some of these levered but long term effective levered ETFs sometimes are and do misbehave. We saw the AGQ make an intra-day low of $33.12 on the day in March when the FED after their meeting adjourned announced the "Q" easing. AGQ shot to over $38 by the end of the day and tacked on a couple dollars more the next day. A pretty nice jolt & intra-day range to the DGP as well. In contrast the TBT tumbled and not in any panic I swooped in and took a partial position below $44.00. All of my partials in TBT are below that price. There is no power on heaven or earth that can keep the double short leveraged ETF (TBT) down below $45 for more than a day and a half. That is the chart for the last 4 months! At plus $50 I think it would be prudent to lighten up some but long term it is headed higher just as the TLT is headed for a big sell off. I will be patient and see if gold can work it's way back down to below $850 and if it does, I will gladly pay $17.50 for another 100 shares of DGP. There will be a time for BDD & DAG as well. They are working for someone over more than a day or two as well! The Nasdaq has so far led in this bully bear market leg. Let it continue let it increase. Tech never does well over the summer months, it just NEVER does! Being patient we must see if the rally can continue here even though it has stalled for more than a week now in the 865-880 SP level. I will start taking my partial positions in (TYP) shortly and add to (SRS) should it break below $22. Time here to get a lot off the table and take a few short partial positions incrementally. Ghost malls and people's unemployment benefits running out are what is going to kill commercial real estate. General Growth and Centro are just the New Century and Thornburgs of last year's residential real estate melt down. Banks still have 1.7 trillion of bad debts to write off, I burned 3 credit card notices from BAC this morning about how they are increasing fees and limiting my credit. Nothing that affects me personally or anyone else who can actually pay their bills on time. Coincidentally another American icon American Express, last week had it's credit rating downgraded to junk. The Ten year has breached 3.2% so sub 5% fixed rate 30 yr mortgages are about to go down the tubes as well, just as the Treasury will be back this week selling another 75 billion in debt. TBT will be at $60 in less than 2 years. A 60/40 blend of LQD/CSJ may not produce much of a total return over that period but you will still have most of your principle and the yields will by then have jumped to 10.5% & 6.75% respectively from the current 6.7% and 4.2%. The TBT hedge will produce a very decent combined total return. The throwing of the Chrysler bond holders under the bus with the preferred shareholders of Frannie-Mac and the share holders of Wachovia is just a warm up act for the fiasco coming for GM and eventually fall out to Ford Credit as well. This market is now running higher if it does, on fumes and the buyer stampede of the chumps coming in too late thinking they have missed it. These then the chumps, and their brethren mutual fund and pension fund administrators will be left holding the bag and be deserted by the professional traders who will take their profits and go away to play another day in another season. There will be no buyers just panicked sellers once more as we move through July to October. None of this will stop or hamper the Treasury from continuing to dump debt on the global market even as their own "TIC" reports have ominous overtones. Millions of tons of copper are being stockpiled on thousands of acres in China even as China builds a strategic Pet Reserve three times larger than our own. But they just have to buy our debt! don't they? I imagine China approaching the US debt issue as the Treasury and the Fed approached Frannie Mae. To paraphrase Pauly the Rat and Ben the Dollar Slayer in what they often reiterated, "We see the debt relationship with China essentially being maintained in it's current structure". Or was that what they meant on GSE's? Then Sheila the Beard knocking off Wachovia to less than a $ on a weekend mob hit. Oh didn't she first ask Wells Fargo what they thought it was actually worth. When the Chinese just say no thanks and continue stockpiling commodities from Australia, Latin America, South Africa, and Canada, "they" will just have to buy our debt instead?]]> http://seekingalpha.com/article/134481-what-is-the-break-even-price-for-natural-gas-producers?source=feed#comment-487553 487553 Sun, 03 May 2009 12:42:19 -0400 http://seekingalpha.com/article/134481-what-is-the-break-even-price-for-natural-gas-producers?source=feed#comment-487515 487515 TBT) will have hit +$60 and it will only be for the details left to be worked out on the new global reserve currency backed by some commodities basket. The CHIAMERO? perhaps. China will have a SPR three times the size of our own and have more than half the total weight of the world's above ground copper supply stacked up over thousands of acres. ]]> Sun, 03 May 2009 12:19:12 -0400 TBT) will have hit +$60 and it will only be for the details left to be worked out on the new global reserve currency backed by some commodities basket. The CHIAMERO? perhaps. China will have a SPR three times the size of our own and have more than half the total weight of the world's above ground copper supply stacked up over thousands of acres. ]]> http://seekingalpha.com/article/134852-a-good-thing-agribusiness-future-isn-t-golden?source=feed#comment-487321 487321 IRR) & (IGE) and the Grains (DAG) & (MOO). The ADM is mentioned in the author's remarks. Now that one is very interesting. ADM reports 3rd quarter numbers early in this coming week. Reporting on the heels of DOW's just reporting excellent results last week as a result of the AGs in their business model being strongly accretive. The last time ADM, BG and POT reported they had less than great numbers to publish. What is so particularly interesting about ADM ???? is the huge out sized move the ADM-PA took on Friday, up 5.7% in the one day. Most of that move came in the last 20 minutes of trading. Now we all know it is an even playing field out there and no smoke plumes ever arise from these companies before they report, leaking any inside info. But even so a rather large move in those preferred shares none the less. So someone is buying in a ramp up while others are moving aside to surrender shares. 49 cents would not be too bad but 54 or 55 cents would move ADM, me thinks.]]> Sun, 03 May 2009 09:50:07 -0400 IRR) & (IGE) and the Grains (DAG) & (MOO). The ADM is mentioned in the author's remarks. Now that one is very interesting. ADM reports 3rd quarter numbers early in this coming week. Reporting on the heels of DOW's just reporting excellent results last week as a result of the AGs in their business model being strongly accretive. The last time ADM, BG and POT reported they had less than great numbers to publish. What is so particularly interesting about ADM ???? is the huge out sized move the ADM-PA took on Friday, up 5.7% in the one day. Most of that move came in the last 20 minutes of trading. Now we all know it is an even playing field out there and no smoke plumes ever arise from these companies before they report, leaking any inside info. But even so a rather large move in those preferred shares none the less. So someone is buying in a ramp up while others are moving aside to surrender shares. 49 cents would not be too bad but 54 or 55 cents would move ADM, me thinks.]]> http://seekingalpha.com/article/134544-treasurys-are-getting-crushed?source=feed#comment-485196 485196 It is clear that short term bonds are only nearly safe. But only if hedged with the TBT,AGQ,DGP & PTM. Now a platinium ETF is nearing it's initial launch. In Dec when the author reported "Treasuries are in a bubble", silver was less than $9 an ounce. Now it is backing off the recent high of $13. We see the Loonie the currency of a commodity centric economy breaking through .84/1.19 as if it were an advancing army. Up from .78/1.28 in 6 weeks. Interestingly the Loonie has made a very strong move in a few days, after the BOC and their Financial Minister Mr Carney disavowed "Q" easing for Canada last week. (for now). If you blinked you missed the correction in copper this past week and see it up another 4 cents a pound again this morning. The Chinese have a huge advantage in terms of geographical land mass. They have thousands of acres to stock pile copper, aluminum and other base metals ingots. They are increasing their gold reserves. No one sees the wisdom of the "Meatloaf"s "Two out of three ain't bad", as relates to the obscure Treasury "TIC" report. hey, 4 out of 5 ain't bad if they had been positive. Then there are the rumblings about an "AMERO"? We can take advantage buy doing a 40/40/10/10 in a SHY/CIU/LQD&WIA/TIP respectively and buy hedges in TBT when it breaks below $45, which have been very fleeting opportunities, and shares of the precious metals funds on pull backs. The party of Limbaugh and O'Reilly forgot what their greatest party member once preached. Government of the people, by the people ,and for the people... We are now left with the backlash of one of the worst 8 year administrations in modern times. The ability of the people to vote themselves largess is now overwhelming the voices of sanity. It is even more important to get re-elected than to look good,promote commerce, provide for the public safety, and to effect any prospect for prosperity for our posterity. WE however will take care of ourselves no matter who ends up paying. WE the people understand that Ronald Reagan fixed our country while knowing that when the bill
came due he would be dead. This then is the evolution of the tyranny of the old. The boomers know that in the end they will bankrupt the system, but then after all they have paid more into it than any generation before them. Somebody owes them. They may not all be dead when it blows up but they will be too old or senile to care about it. By then they will have sucked out most of what they paid in.]]> Fri, 01 May 2009 08:13:33 -0400 It is clear that short term bonds are only nearly safe. But only if hedged with the TBT,AGQ,DGP & PTM. Now a platinium ETF is nearing it's initial launch. In Dec when the author reported "Treasuries are in a bubble", silver was less than $9 an ounce. Now it is backing off the recent high of $13. We see the Loonie the currency of a commodity centric economy breaking through .84/1.19 as if it were an advancing army. Up from .78/1.28 in 6 weeks. Interestingly the Loonie has made a very strong move in a few days, after the BOC and their Financial Minister Mr Carney disavowed "Q" easing for Canada last week. (for now). If you blinked you missed the correction in copper this past week and see it up another 4 cents a pound again this morning. The Chinese have a huge advantage in terms of geographical land mass. They have thousands of acres to stock pile copper, aluminum and other base metals ingots. They are increasing their gold reserves. No one sees the wisdom of the "Meatloaf"s "Two out of three ain't bad", as relates to the obscure Treasury "TIC" report. hey, 4 out of 5 ain't bad if they had been positive. Then there are the rumblings about an "AMERO"? We can take advantage buy doing a 40/40/10/10 in a SHY/CIU/LQD&WIA/TIP respectively and buy hedges in TBT when it breaks below $45, which have been very fleeting opportunities, and shares of the precious metals funds on pull backs. The party of Limbaugh and O'Reilly forgot what their greatest party member once preached. Government of the people, by the people ,and for the people... We are now left with the backlash of one of the worst 8 year administrations in modern times. The ability of the people to vote themselves largess is now overwhelming the voices of sanity. It is even more important to get re-elected than to look good,promote commerce, provide for the public safety, and to effect any prospect for prosperity for our posterity. WE however will take care of ourselves no matter who ends up paying. WE the people understand that Ronald Reagan fixed our country while knowing that when the bill
came due he would be dead. This then is the evolution of the tyranny of the old. The boomers know that in the end they will bankrupt the system, but then after all they have paid more into it than any generation before them. Somebody owes them. They may not all be dead when it blows up but they will be too old or senile to care about it. By then they will have sucked out most of what they paid in.]]> http://seekingalpha.com/article/131202-could-a-new-platinum-etf-send-prices-haywire?source=feed#comment-483828 483828 Thu, 30 Apr 2009 09:22:39 -0400 http://seekingalpha.com/article/134045-trading-platinum-and-palladium-ahead-of-the-etf-launch?source=feed#comment-483408 483408 LPLA.L), due to the additional brokerage fees involved. I have found the buying (AGQ) & (DGP) in partial positions actually works as it does for (TBT). Now we are warned by the pros that trading these double and triple leveraged funds are only for day traders because each time they turn in direction a great deal of equity is eaten up. After the last Fed meeting we saw the same spike in (TBT) we saw today. Some thing very dangerous is either going on with the basis for the US currency or the principle at risk in (TBT). So far if you have owned (TBT) since it was below $40 and added recently on dips below $43.50 you are looking pretty good. So far. Any way I just added another partial to my (PTM) position on Tuesday as platinum was knocked down hard. I managed to get those shares at $13.38. Not exactly at the bottom but a nice guess based on the action in the shares the previous day. Now (PTM) rallied back some today. I would not have to own this kind of stuff except that 65% of my portfolio is in investment grade corporate bonds. Now 90% of those are medium term out to '13 & a couple 15s. There is that 10% that is long term and so beaten down that I am just enjoying the decent coupons. I will have to follow this development of a platinum ETF if it gets legs. In the meantime I may just call my broker on any further "corrections" in the platinum price and pick up a couple partials of 400 and 300 of the (LPLA.L). The divergence between Platinum and Gold is still at a relatively bullish historical gap.

Then there are the rumblings about what Jethro Bodine once referred to as "some new kindah dollars". Back in his day he was surprised to find out about millions of dollars. That was when one of the Hunt Bros remarked on their losses in cornering the silver market. A billion here and a billion there and pretty soon you're talking about some real money. Now it is a Trillion here and a Trillion there etc..

The point at last, is now we hear of this thing called an "AMERO" ? An obscure bureaucrat in China grumbles and the (TLT) tumbles...What eventually happens when a great deal of the distressed debt finally defaults, the unemployment bennies run out from the jobs in the autos and their suppliers have yet to eliminate? Who will buy the ghost malls from Simon and Prologis as they morph into Ganeral & and Centro Properties? Paulson & Ben the Dollar Slayer said they envisioned the Frannie Mac s being preserved in their current structures. OOPs, like WHOOPs they then turned around and screwed the subordinated debt holders the preferred share holders. Based on the Baird driving Wachovia to less than a $ before the market came awake from that concussion and realized it was worth seven and BEN advising 2 years ago that the subprime mortgage slime creep was relatively well contained, how are we to believe this latest man behind the curtain act of stress testing banks. Now we actually see Timmy the "G" making his bones on the "Q". The only shoots that are credible at this stage are the Gold ,silver and platinum ones. Green shoots? Not even the money is entirely green these days. But then that is only the case in which the money is actually printed and not electronically created. This situation in the early phases so far makes the Wiemar Republic look like pikers.

Some ATM's are already featuring $50 bills as an option. It all creeps in this petty pace from day to day. The tale is told by a presumed idiot. Yet the (TBT) was a horse of a different color again on Wednesday as many took a peak behind the curtain and the ten year treasury "advanced" to over 3%. IF an (LQD) can manage a decent gain on a day when the Treasury's debt is being knocked back by a similar % then what happens to (LQD) if the S&P breaks through 750 when "they" sell in May and go away? The yield goes to 8%? Even as the share price keeps dropping? ]]> Wed, 29 Apr 2009 21:38:32 -0400 LPLA.L), due to the additional brokerage fees involved. I have found the buying (AGQ) & (DGP) in partial positions actually works as it does for (TBT). Now we are warned by the pros that trading these double and triple leveraged funds are only for day traders because each time they turn in direction a great deal of equity is eaten up. After the last Fed meeting we saw the same spike in (TBT) we saw today. Some thing very dangerous is either going on with the basis for the US currency or the principle at risk in (TBT). So far if you have owned (TBT) since it was below $40 and added recently on dips below $43.50 you are looking pretty good. So far. Any way I just added another partial to my (PTM) position on Tuesday as platinum was knocked down hard. I managed to get those shares at $13.38. Not exactly at the bottom but a nice guess based on the action in the shares the previous day. Now (PTM) rallied back some today. I would not have to own this kind of stuff except that 65% of my portfolio is in investment grade corporate bonds. Now 90% of those are medium term out to '13 & a couple 15s. There is that 10% that is long term and so beaten down that I am just enjoying the decent coupons. I will have to follow this development of a platinum ETF if it gets legs. In the meantime I may just call my broker on any further "corrections" in the platinum price and pick up a couple partials of 400 and 300 of the (LPLA.L). The divergence between Platinum and Gold is still at a relatively bullish historical gap.

Then there are the rumblings about what Jethro Bodine once referred to as "some new kindah dollars". Back in his day he was surprised to find out about millions of dollars. That was when one of the Hunt Bros remarked on their losses in cornering the silver market. A billion here and a billion there and pretty soon you're talking about some real money. Now it is a Trillion here and a Trillion there etc..

The point at last, is now we hear of this thing called an "AMERO" ? An obscure bureaucrat in China grumbles and the (TLT) tumbles...What eventually happens when a great deal of the distressed debt finally defaults, the unemployment bennies run out from the jobs in the autos and their suppliers have yet to eliminate? Who will buy the ghost malls from Simon and Prologis as they morph into Ganeral & and Centro Properties? Paulson & Ben the Dollar Slayer said they envisioned the Frannie Mac s being preserved in their current structures. OOPs, like WHOOPs they then turned around and screwed the subordinated debt holders the preferred share holders. Based on the Baird driving Wachovia to less than a $ before the market came awake from that concussion and realized it was worth seven and BEN advising 2 years ago that the subprime mortgage slime creep was relatively well contained, how are we to believe this latest man behind the curtain act of stress testing banks. Now we actually see Timmy the "G" making his bones on the "Q". The only shoots that are credible at this stage are the Gold ,silver and platinum ones. Green shoots? Not even the money is entirely green these days. But then that is only the case in which the money is actually printed and not electronically created. This situation in the early phases so far makes the Wiemar Republic look like pikers.

Some ATM's are already featuring $50 bills as an option. It all creeps in this petty pace from day to day. The tale is told by a presumed idiot. Yet the (TBT) was a horse of a different color again on Wednesday as many took a peak behind the curtain and the ten year treasury "advanced" to over 3%. IF an (LQD) can manage a decent gain on a day when the Treasury's debt is being knocked back by a similar % then what happens to (LQD) if the S&P breaks through 750 when "they" sell in May and go away? The yield goes to 8%? Even as the share price keeps dropping? ]]> http://seekingalpha.com/article/124324-the-high-dividend-stock-investor-s-collapsing-dollar-survival-guide-part-3?source=feed#comment-482206 482206 Wed, 29 Apr 2009 07:36:09 -0400 http://seekingalpha.com/article/133110-tipping-point-for-u-s-treasuries-from-china-s-perspective?source=feed#comment-479348 479348 Mon, 27 Apr 2009 12:37:58 -0400 http://seekingalpha.com/article/132194-looking-to-invest-in-bonds-in-troubled-times-caveat-emptor?source=feed#comment-472295 472295 Wed, 22 Apr 2009 08:25:53 -0400