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curtis

curtis
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  • Update On Natural Gas: The Only Predictable Path Right Now [View article]
    I am a long term investor and have established positions in WPRT and CMI. These are two companies that will profit off of the move to nat gas. However, since these stocks are volatile, you need to buy in on big dips. I am waiting for CLNE to get its act together and will buy when the technicals are right. I think the safest plays are the picks and shovels. I will buy back into UNG once I see it form a positive technical buying opportunity.
    Jan 28, 2013. 11:07 AM | 1 Like Like |Link to Comment
  • India Ending Diesel Subsidy Which Is Bullish For Gold [View article]
    GOLD BULL MARKET IS DEAD

    This will only be for trading soon as the economy improves and we get our debt under control. Listen to the experts:

    Goldman Forecasts Gold Rally Amid Debt-Ceiling Confrontation
    By Glenys Sim on January 21, 2013
    http://buswk.co/13YERHx
    Gold may climb over the next three months as U.S. lawmakers attempt to tackle the country’s debt ceiling and the world’s largest economy slows, Goldman Sachs Group Inc. said, advising investors to place bets on advances.

    “We see current prices as a good entry point to re- establish fresh longs,” analysts Damien Courvalin and Alec Phillips wrote in a Jan. 18 report. The bank reiterated a three- month target of $1,825 an ounce, as well as a forecast for prices to weaken in the second half as the U.S. economy rebounds.

    Gold fell 5.5 percent last quarter, the worst performance since 2008, on expectations for a recovery and potential end to central bank stimulus in the U.S. An advance to $1,825 would be consistent with rallies into debt-ceiling decisions, the analysts wrote. Since 1960, Congress has raised or revised the debt limit 79 times, according to the Treasury Department.

    “The uncertainty associated with these issues, combined with our economists’ forecast for weak U.S. GDP growth in the first half of 2013 following the negative impact of higher taxes will push gold” to the three-month target, they wrote.

    Gold, which rallied for a 12th year in 2012, traded at $1,687.90 an ounce on the Comex at 9:49 a.m. in New York. Holdings in exchange-traded products reached a record last month, data compiled by Bloomberg show. Most-active prices last traded above $1,825 an ounce in September 2011.

    Borrowing Limit
    The Treasury has said the U.S. will exceed its $16.4 trillion borrowing authority sometime from mid-February to early March. Financing for government agencies is set to lapse March 27, and lawmakers must pass new spending or cause a shutdown. Also in March, Congress will confront the $110 billion in automatic spending cuts, half from defense, that were postponed in a Jan. 1 tax deal.

    Goldman restated its outlook for lower prices in the second half of this year, a call echoed by Credit Suisse Group AG and Allan Hochreiter(Pty) Ltd., as the U.S. recovers. As growth improves, prices will likely decline even with continued central bank and exchange-traded fund demand, Goldman said.

    Gold’s bull market is over, Allan Hochreiter Chief Executive Officer Rene Hochreiter, the top forecaster in the London Bullion Market Association’s 2012 poll, said this month. The metal’s appeal is set to diminish as so-called fear trades fade, according to Credit Suisse’s Tom Kendall, head of precious-metals research and the most accurate precious-metals forecaster in the past eight quarters tracked by Bloomberg.

    To contact the reporter on this story: Glenys Sim in Singapore at gsim4@bloomberg.net

    To contact the editor responsible for this story: James Poole at jpoole4@bloomberg.net
    Jan 21, 2013. 11:02 AM | Likes Like |Link to Comment
  • Gold And Silver Outlook For January 21, 2013 [View article]
    GOLD BULL MARKET IS DEAD

    Yes, I still own GLD but I am going to sell into the next rally and then only do it as a trade. Here is something to think about:

    Goldman Forecasts Gold Rally Amid Debt-Ceiling Confrontation
    By Glenys Sim on January 21, 2013
    http://buswk.co/13YERHx
    Gold may climb over the next three months as U.S. lawmakers attempt to tackle the country’s debt ceiling and the world’s largest economy slows, Goldman Sachs Group Inc. said, advising investors to place bets on advances.

    “We see current prices as a good entry point to re- establish fresh longs,” analysts Damien Courvalin and Alec Phillips wrote in a Jan. 18 report. The bank reiterated a three- month target of $1,825 an ounce, as well as a forecast for prices to weaken in the second half as the U.S. economy rebounds.

    Gold fell 5.5 percent last quarter, the worst performance since 2008, on expectations for a recovery and potential end to central bank stimulus in the U.S. An advance to $1,825 would be consistent with rallies into debt-ceiling decisions, the analysts wrote. Since 1960, Congress has raised or revised the debt limit 79 times, according to the Treasury Department.

    “The uncertainty associated with these issues, combined with our economists’ forecast for weak U.S. GDP growth in the first half of 2013 following the negative impact of higher taxes will push gold” to the three-month target, they wrote.

    Gold, which rallied for a 12th year in 2012, traded at $1,687.90 an ounce on the Comex at 9:49 a.m. in New York. Holdings in exchange-traded products reached a record last month, data compiled by Bloomberg show. Most-active prices last traded above $1,825 an ounce in September 2011.

    Borrowing Limit
    The Treasury has said the U.S. will exceed its $16.4 trillion borrowing authority sometime from mid-February to early March. Financing for government agencies is set to lapse March 27, and lawmakers must pass new spending or cause a shutdown. Also in March, Congress will confront the $110 billion in automatic spending cuts, half from defense, that were postponed in a Jan. 1 tax deal.

    Goldman restated its outlook for lower prices in the second half of this year, a call echoed by Credit Suisse Group AG and Allan Hochreiter(Pty) Ltd., as the U.S. recovers. As growth improves, prices will likely decline even with continued central bank and exchange-traded fund demand, Goldman said.

    Gold’s bull market is over, Allan Hochreiter Chief Executive Officer Rene Hochreiter, the top forecaster in the London Bullion Market Association’s 2012 poll, said this month. The metal’s appeal is set to diminish as so-called fear trades fade, according to Credit Suisse’s Tom Kendall, head of precious-metals research and the most accurate precious-metals forecaster in the past eight quarters tracked by Bloomberg.

    To contact the reporter on this story: Glenys Sim in Singapore at gsim4@bloomberg.net

    To contact the editor responsible for this story: James Poole at jpoole4@bloomberg.net
    Jan 21, 2013. 10:54 AM | 2 Likes Like |Link to Comment
  • Alternative Fuel Plays Look Like Bad Investments [View article]
    I would not worry about Big Oil spoiling the part. Big Oil is part of the party. They are already intimately involved in nat gas. Also,they could buy up a lot of these nat gas companies with a tiny percent of their cash. You watch. They will not be the first on the dance floor, but they will be second.........
    May 16, 2012. 09:54 AM | 1 Like Like |Link to Comment
  • Alternative Fuel Plays Look Like Bad Investments [View article]
    I disagree. The problem is not Alternative Energy, the problem is that many investors throw their money at companies that are unprofitable and then pooh-pooh the whole industry. I have the belief that natural gas will continue to grow over the next 5-10 years as a cleaner burning fuel source for power plants and large trucks. Thus, it will to some extent, put pressure on coal and diesel/gasoline. Here is my "natural gas mutual fund": CMI, TGP, GTLS, CQP. It includes pipelines for and processing LNG for export (CQP), manufacturers of products for LNG conversion (GTLS), ocean shipping of nat gas (TGP), and nat gas engines for large trucks (CMI). If you compare my portfolio to the S&P you will see it has clearly outperformed. There is a lot of money to be made in "clean energy" but you first need to buy companies that develop "cleaner" energy as the industries evolve. This is an evolution, not a revolution. Curtis
    May 10, 2012. 10:29 PM | 6 Likes Like |Link to Comment
  • How Much Longer Can Money Managers Hang in Behind Energy? [View article]
    From what I am hearing/seeing, the long term, smart money is moving to China (as a sector) since they are one of the few countries with tons of cash in the bank to stimulate their economy and they can turn the factory lights back on since the Olympics are over (they closed a bunch of factories due to smog).

    Regarding Palin, she is strongly in support of the conservative agenda, whether you like that or not, but an extreme lightweight on foreign policy, and has no national experience.
    Sep 1, 2008. 11:28 AM | Likes Like |Link to Comment
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