Seeking Alpha

solarcircle

solarcircle
Send Message
View as an RSS Feed
View solarcircle's Comments BY TICKER:
Latest  |  Highest rated
  • Will Gold's Spectacular Rally Continue? [View article]
    vkf02, seriously, you think nuclear is safe? Have you never heard of Three Mile Island, Chernobyl or Fukushima? Get real. And what can happen to a nuclear reactor in a war zone - just a thought.
    Mar 4, 2015. 04:17 PM | 1 Like Like |Link to Comment
  • 5 Important Reasons To Avoid Canadian Oil Sands Now, Perhaps Forever [View article]
    yup, you're right, it's not devastating - unless you're one of the thousands of oil industry workers who have lost their jobs and it's your house that is now worth far less at a time when your paycheque has stopped coming in. This is not about a healthy fluctuation in housing prices. This is about prices plummeting because the province's main employer is suffering a severe setback. The same goes for Alberta government revenue. That's what happens when you put all your eggs in one unsustainable basket.
    Feb 28, 2015. 07:06 PM | Likes Like |Link to Comment
  • 5 Important Reasons To Avoid Canadian Oil Sands Now, Perhaps Forever [View article]
    Excerpt from Feb. article (one of many): Calgary’s housing market has taken a sudden turn downward, raising new concerns about the state of Alberta’s economy in the midst of falling oil prices.

    Figures released Monday showed soaring listings and plummeting home sales in Calgary, once one of the hottest markets in the country. The sharp slump comes two weeks after Bank of Canada Governor Stephen Poloz cut the bank’s key lending rate, warning that he was seeking to counteract the economic damage of plunging oil prices on the country’s indebted households.
    Feb 27, 2015. 04:28 PM | Likes Like |Link to Comment
  • 5 Important Reasons To Avoid Canadian Oil Sands Now, Perhaps Forever [View article]
    What has changed, according to my friend who works in the industry in emergency medical services is that jobs are going away very quickly. That's the reality on the ground regardless of how it looks in your fantasy.
    Feb 26, 2015. 04:49 PM | Likes Like |Link to Comment
  • Why I Continue To Accumulate Gold Related Assets [View article]
    Greenspan doesn't agree with you. He has said that markets will see significant problems when governments seek to cease their unsustainable course of action. He said that gold has always been an acceptable form of payment even at times when currencies were not. He states that the price of gold will be significantly higher. I believe him.
    Feb 23, 2015. 01:46 PM | 3 Likes Like |Link to Comment
  • 5 Important Reasons To Avoid Canadian Oil Sands Now, Perhaps Forever [View article]
    Those tarsands investments aren't looking so good now are they?
    Feb 14, 2015. 12:44 PM | 1 Like Like |Link to Comment
  • Will Gold's Spectacular Rally Continue? [View article]
    Doug, don't you find it strange that these market makers always move the price prior to FOMC info coming out or prior to the Swiss gold vote etc? Seems like more than banks looking for profit.
    Jan 25, 2015. 03:57 PM | Likes Like |Link to Comment
  • Will Gold's Spectacular Rally Continue? [View article]
    Yes, some will go bust - I hear 65% of rigs in Alberta have stopped work. Tar sands is slowing down and house prices in Alberta have already dropped 25% Loans are not going to be repaid - sound familiar? After the meltdown in 2008 printing moved cash into stocks but there is likely not as much upside there and lots of risk. Other currencies aroung the world are in meltdown. Safe havens will be sought. My bet is on gold.
    Jan 22, 2015. 02:35 PM | 1 Like Like |Link to Comment
  • Will The ECB Kill The Gold Rally? [View article]
    I agree with GED, cash went into stocks not gold but now there is likely less upside and more risks. Also not mentioned was the selling of hundreds of tons of paper gold in mere minutes with no desire to get the best price. That's manipulation and as long as that can continue gold will be held back. With currencies falling around the world I think they will have a harder time keeping it in check. Time to buy.
    Jan 22, 2015. 02:13 PM | 1 Like Like |Link to Comment
  • Will Gold's Spectacular Rally Continue? [View article]
    The Canadian tar sands are going bust as well as frackers across N. America. Their loans will not be repaid. That somehow seems familiar.
    Jan 22, 2015. 12:55 AM | Likes Like |Link to Comment
  • Will Gold's Spectacular Rally Continue? [View article]
    Doug, paper gold was sold in massive quantities in mere minutes with no regard whatsoever for best price. This wasn't about some entity trying to make a profit at least not in the way an ordinary large investor would go about it.
    Jan 22, 2015. 12:53 AM | 1 Like Like |Link to Comment
  • Will Gold's Spectacular Rally Continue? [View article]
    There were fines for gold manipulation, plain and simple.
    Jan 22, 2015. 12:48 AM | 1 Like Like |Link to Comment
  • Will Gold's Spectacular Rally Continue? [View article]
    No evidence of manipulation? You really must be on drugs. Fines have been paid for exactly that. And who sells hundreds of tons of paper gold in minutes with no regard for getting the best price? Let's be honest here.
    Jan 21, 2015. 12:01 PM | 7 Likes Like |Link to Comment
  • Gold: Low Interest Rates And Fear [View article]
    What nonsense. All I care about is how much I can buy for the same amount of gold compared to the CDN dollar. Prices have not risen the same amount. My rent is the same, the price of gas is way down. I'll take gold over dollars anyday. The bonus is that I have an insurance policy for any shocks in the banking system and economy. Gold is better than paper promises.
    Jan 16, 2015. 03:13 PM | Likes Like |Link to Comment
  • Gold: Low Interest Rates And Fear [View article]
    The value of the Canadian dollar is dropping in USD terms but I only care how much I can buy in Canada using those dollars. Gold is getting close to $1500 here and my purchasing power is being preserved and is growing. The same is true in many other countries so I expect demand for gold will also grow.
    Jan 14, 2015. 02:08 PM | 1 Like Like |Link to Comment
COMMENTS STATS
313 Comments
481 Likes