Moon Kil Woong's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.com/user/265539/comments http://seekingalpha.com/article/1444841/comments?source=feed#comment-18971131 18971131 Fri, 17 May 2013 22:37:54 -0400 http://seekingalpha.com/article/1444801/comments?source=feed#comment-18971001 18971001 Fri, 17 May 2013 22:32:24 -0400 http://seekingalpha.com/currents/post/1033421?source=feed#comment-18970871 18970871 Fri, 17 May 2013 22:26:46 -0400 http://seekingalpha.com/article/1444861/comments?source=feed#comment-18970311 18970311 Fri, 17 May 2013 21:56:58 -0400 http://seekingalpha.com/article/1444851/comments?source=feed#comment-18970181 18970181 Fri, 17 May 2013 21:51:22 -0400 http://seekingalpha.com/article/1442881/comments?source=feed#comment-18967771 18967771 Fri, 17 May 2013 19:30:12 -0400 http://seekingalpha.com/article/1442021/comments?source=feed#comment-18924881 18924881 Thu, 16 May 2013 21:03:22 -0400 http://seekingalpha.com/article/1438921/comments?source=feed#comment-18885121 18885121 Thu, 16 May 2013 02:51:39 -0400 http://seekingalpha.com/article/1439051/comments?source=feed#comment-18884561 18884561
This helps fund keeping some of the most expensive real estate in the US to house even their most basic functions. As I mentioned years ago when they started doing bad, all I see is waste and more waste crossed with bad management that never changes. Entrenched management is the worst. ]]> Thu, 16 May 2013 02:09:11 -0400
This helps fund keeping some of the most expensive real estate in the US to house even their most basic functions. As I mentioned years ago when they started doing bad, all I see is waste and more waste crossed with bad management that never changes. Entrenched management is the worst. ]]> http://seekingalpha.com/article/1436491/comments?source=feed#comment-18884451 18884451 Thu, 16 May 2013 01:58:17 -0400 http://seekingalpha.com/currents/post/1026971?source=feed#comment-18880531 18880531
Another words, a QE will only help bankers no matter what is done. That's why QE = the country enters a nightmare of economic doom. Money is made without regards to economic fact and wealth is created for the select few without taking on risk or paying for it. However, worst of all, banks interest now run counter to the public good.]]> Wed, 15 May 2013 23:03:43 -0400
Another words, a QE will only help bankers no matter what is done. That's why QE = the country enters a nightmare of economic doom. Money is made without regards to economic fact and wealth is created for the select few without taking on risk or paying for it. However, worst of all, banks interest now run counter to the public good.]]> http://seekingalpha.com/article/1428201/comments?source=feed#comment-18747811 18747811
Likewise the indication that these ETFs and ETNs will unwind is also a fallacy. The only way they are really unwound is by someone buying them and closing the position or by converting them to physical. In both cases this means there is a buyer and a seller or just someone converting. By doing either, it decreases the amount of paper gold and theoretical supply drops but not necessarily demand which may increase prices not decrease them.

Hedge funds getting out of a position tend to have a short term effect and lead to more stability not less in the future. I'd be a holder of gold if no hedge fund held gold anymore, not the inverse.

It's all about perspective. I personally disagree with the author's rendition of the effect of less fund managers loving paper gold. A argument there will be less paper gold is also shaky, because one of the main causes of April's gold drop was DB's choice to mint a whole slew more of silver and gold ETNs. As we can see, more paper gold makes the price drop, so cancellation of paper gold would usually have an inverse effect.]]> Sun, 12 May 2013 23:19:40 -0400
Likewise the indication that these ETFs and ETNs will unwind is also a fallacy. The only way they are really unwound is by someone buying them and closing the position or by converting them to physical. In both cases this means there is a buyer and a seller or just someone converting. By doing either, it decreases the amount of paper gold and theoretical supply drops but not necessarily demand which may increase prices not decrease them.

Hedge funds getting out of a position tend to have a short term effect and lead to more stability not less in the future. I'd be a holder of gold if no hedge fund held gold anymore, not the inverse.

It's all about perspective. I personally disagree with the author's rendition of the effect of less fund managers loving paper gold. A argument there will be less paper gold is also shaky, because one of the main causes of April's gold drop was DB's choice to mint a whole slew more of silver and gold ETNs. As we can see, more paper gold makes the price drop, so cancellation of paper gold would usually have an inverse effect.]]> http://seekingalpha.com/article/1427791/comments?source=feed#comment-18747631 18747631
If anything the US should tax corporations on money going out of the country not coming in. Of course Apple may argue that they don't need domestic cash because all their costs are overseas which just adds to the point that many US multinational companies are employing more people overseas and using more of their money overseas than they use in the US. Rather than a benefit to the US they are somewhat of a drain on the economy as they rush to export as much cash from the US as they can.

Personally, I agree you should discount the value of foreign cash holdings by international corporations but that will never happen for the same reason as all derivatives contracts of a bank will never be disclosed. The system supports those that lobby and give money to politicians, not what is good for America.]]> Sun, 12 May 2013 23:06:00 -0400
If anything the US should tax corporations on money going out of the country not coming in. Of course Apple may argue that they don't need domestic cash because all their costs are overseas which just adds to the point that many US multinational companies are employing more people overseas and using more of their money overseas than they use in the US. Rather than a benefit to the US they are somewhat of a drain on the economy as they rush to export as much cash from the US as they can.

Personally, I agree you should discount the value of foreign cash holdings by international corporations but that will never happen for the same reason as all derivatives contracts of a bank will never be disclosed. The system supports those that lobby and give money to politicians, not what is good for America.]]> http://seekingalpha.com/article/1146471/comments?source=feed#comment-18747391 18747391
The stock market ramp up is not due to a healthy market. It's due to capitulation that the economy and interest rates may never return a decent rate again thanks the Federal Reserve and QE.]]> Sun, 12 May 2013 22:49:40 -0400
The stock market ramp up is not due to a healthy market. It's due to capitulation that the economy and interest rates may never return a decent rate again thanks the Federal Reserve and QE.]]> http://seekingalpha.com/article/1423691/comments?source=feed#comment-18726181 18726181 Sun, 12 May 2013 02:51:31 -0400 http://seekingalpha.com/article/1427331/comments?source=feed#comment-18726161 18726161 Sun, 12 May 2013 02:48:03 -0400 http://seekingalpha.com/article/1422381/comments?source=feed#comment-18724981 18724981
Other HDACs are trichostatin A, Trapoxin B, Benzamides, Valproic Acid, and phenylbutyrate all which bind to the zinc containing catalytic domain of HDAC.

This is certainly a field that is under heavy study and Kevetrin is the most recent and arguably the furthest behind in clinical trials being it is the oly one in Preclinical. There is no doubt affecting HDAC can have a positive impact on cancers. The big issue will be its safety, efficacy, and if it is markedly better than what is already approved. That will be a high hurdle to clear as more get approved in front of Kevetrin.]]> Sun, 12 May 2013 00:38:25 -0400
Other HDACs are trichostatin A, Trapoxin B, Benzamides, Valproic Acid, and phenylbutyrate all which bind to the zinc containing catalytic domain of HDAC.

This is certainly a field that is under heavy study and Kevetrin is the most recent and arguably the furthest behind in clinical trials being it is the oly one in Preclinical. There is no doubt affecting HDAC can have a positive impact on cancers. The big issue will be its safety, efficacy, and if it is markedly better than what is already approved. That will be a high hurdle to clear as more get approved in front of Kevetrin.]]> http://seekingalpha.com/currents/post/1019801?source=feed#comment-18723821 18723821
The simple fact is... no one in the world could supply as much gold as their is paper written for it. That means banks and others are hoping to buy it back and close the position without delivery making them the big shorters and issuing the paper against their clients much like Goldman Sacs did with home mortgage bonds.]]> Sat, 11 May 2013 23:04:06 -0400
The simple fact is... no one in the world could supply as much gold as their is paper written for it. That means banks and others are hoping to buy it back and close the position without delivery making them the big shorters and issuing the paper against their clients much like Goldman Sacs did with home mortgage bonds.]]> http://seekingalpha.com/article/1383261/comments?source=feed#comment-18723741 18723741 Sat, 11 May 2013 22:59:11 -0400 http://seekingalpha.com/article/1412791/comments?source=feed#comment-18611131 18611131 Thu, 09 May 2013 01:59:10 -0400 http://seekingalpha.com/article/1417321/comments?source=feed#comment-18611121 18611121 Thu, 09 May 2013 01:57:34 -0400 http://seekingalpha.com/article/1416211/comments?source=feed#comment-18609491 18609491
Americans need to see the farce for what it is. ]]> Thu, 09 May 2013 00:04:18 -0400
Americans need to see the farce for what it is. ]]> http://seekingalpha.com/article/1413641/comments?source=feed#comment-18604091 18604091
I opined for WiMax but in the end the market downturn destroyed the fledgling concept of low cost publically provided WiMax throughout the nation.]]> Wed, 08 May 2013 20:43:13 -0400
I opined for WiMax but in the end the market downturn destroyed the fledgling concept of low cost publically provided WiMax throughout the nation.]]> http://seekingalpha.com/article/1411421/comments?source=feed#comment-18580471 18580471
As for China, Molycorp has operations there too and buys ore from Russia and still can't meet its production target. It also has been fined for leaking wastewater into the ground already.

Sadly Molycorp does not disclose the total tonnage of earth and ore mined to get its production and it is strange that they mix production in with Chinese and Russian ore so you can't tell exactly what grade or content their own mining produces alone. Also all their percent of RE in their mined material is estimates no actual figures even though they've been operating for quite a while. If it was a gold silver or copper mining company they would have been sued by now (they have been by the way).

I'm still waiting for the facts. But generally speaking you get a few ounces of good sellable purified RE product per ton of earth mined. I'm waiting for Moly to show its tons of earth to RE production.]]> Wed, 08 May 2013 11:40:38 -0400
As for China, Molycorp has operations there too and buys ore from Russia and still can't meet its production target. It also has been fined for leaking wastewater into the ground already.

Sadly Molycorp does not disclose the total tonnage of earth and ore mined to get its production and it is strange that they mix production in with Chinese and Russian ore so you can't tell exactly what grade or content their own mining produces alone. Also all their percent of RE in their mined material is estimates no actual figures even though they've been operating for quite a while. If it was a gold silver or copper mining company they would have been sued by now (they have been by the way).

I'm still waiting for the facts. But generally speaking you get a few ounces of good sellable purified RE product per ton of earth mined. I'm waiting for Moly to show its tons of earth to RE production.]]> http://seekingalpha.com/article/1411421/comments?source=feed#comment-18578801 18578801
Sooner or later Moly will run into the wrong side of environmental regulators and or their neighbors. There's not a big enough hole to dump all their processed waste (esp. the water and if they evaporate it all the energy cost is absurd). Water dumped in a big hole tends to seep into one water table or another along with heavy metals, etc. Last I read even Molycorp states the environmental risks in their reporting. It doesn't help that for a long time it was hard pressed to get the technical experts with even an inkling of real world RE processing to join them. I certainly wouldn't since they will be the first to blame in such an incident (can you say patsy).

Moly is a great story but the particulars under the story are very ugly.]]> Wed, 08 May 2013 11:09:39 -0400
Sooner or later Moly will run into the wrong side of environmental regulators and or their neighbors. There's not a big enough hole to dump all their processed waste (esp. the water and if they evaporate it all the energy cost is absurd). Water dumped in a big hole tends to seep into one water table or another along with heavy metals, etc. Last I read even Molycorp states the environmental risks in their reporting. It doesn't help that for a long time it was hard pressed to get the technical experts with even an inkling of real world RE processing to join them. I certainly wouldn't since they will be the first to blame in such an incident (can you say patsy).

Moly is a great story but the particulars under the story are very ugly.]]> http://seekingalpha.com/article/1411421/comments?source=feed#comment-18578231 18578231 Wed, 08 May 2013 10:59:10 -0400 http://seekingalpha.com/article/1409041/comments?source=feed#comment-18559761 18559761 Tue, 07 May 2013 20:39:47 -0400 http://seekingalpha.com/article/1411421/comments?source=feed#comment-18558031 18558031
Molycorp in my mind is a scammy way of suckering in people to pay rich salaries to the founders on something they know will never be profitable unless they can scare the government into adding them into the government tax dole by scaring them into thinking third world countries own all the RE in the world. There is RE everywhere. RE means that it is a small percent of total earth mined not that it is located in only a few places like gold. That means tons of ore processed just to get a few ounces of the stuff. ]]> Tue, 07 May 2013 19:41:56 -0400
Molycorp in my mind is a scammy way of suckering in people to pay rich salaries to the founders on something they know will never be profitable unless they can scare the government into adding them into the government tax dole by scaring them into thinking third world countries own all the RE in the world. There is RE everywhere. RE means that it is a small percent of total earth mined not that it is located in only a few places like gold. That means tons of ore processed just to get a few ounces of the stuff. ]]> http://seekingalpha.com/article/1406881/comments?source=feed#comment-18537571 18537571
Last, if their distribution system was so great they wouldn't need to buy oil production to fill their pipeline. Barron's may not be right but there is good reason the be suspicious.]]> Tue, 07 May 2013 11:43:06 -0400
Last, if their distribution system was so great they wouldn't need to buy oil production to fill their pipeline. Barron's may not be right but there is good reason the be suspicious.]]> http://seekingalpha.com/article/1408711/comments?source=feed#comment-18537081 18537081 Tue, 07 May 2013 11:36:04 -0400