3 Quality Stocks Yielding 8%+, Now Selling at Last Year's Price [View article]
By 2011 there will be a rush for the exits ..........
On Dec 11 04:55 PM silver-bug wrote:
> I like the CanRoys for the dividend cashflow and like to put them > in a DRIP to build up my shares. I had HTE before it got bought-off > by the South Korean oil company, and exchanged it for ERF which pays > a highger dividend. As long as the dollar's long term trend is south, > I buy these energy sector CanRoys and will hold them until the rules > change in 2011.
Five Reasons Citi's Worth the Long Risk [View article]
The author states the assumption, backed by statements from the government and Fed Chairman Benanke, that Citi will NOT be nationalized. Even the Democrats are smart enought to know that full nationalization would be a disaster for the US economy.
The problem is to a large extent an accounting problem as certain assets, even performing assets, are being marked or valued at ridiculous prices as in many cases there is no trading and no applicable "market value". The problem for long term investors is the "what if " scenario of those undervalued assets being hived off into some vehicle that will prevent Citi shareholders from participating in the inevitable upside.
But Gold hasnt fallen that much relative to the producers so margins havnt been squeezed! If Gold had fallen then your observation is of course correct - maybe the producers are discounting the relationship between Gold and Oil. However if oil falls to $50 as GS suggests (an amazing turnaround from $200 in a 4 month time period - must be an Abbey Joseph Cohen type "analyst") and Gold HASNT decoupled from Oil then Gold will fall to say $400. The answer is IMHO that stock portfolio liquidations are throwing the (producer) babies out with the bathwater
It makes no sense that gold producers (unless they are hedging) whose product is gold have sold off over 50/60% compared to physical gold - does this signal that gold will fall to $400? I dont think so. So WTF is going on?
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Latest | Highest rated3 Quality Stocks Yielding 8%+, Now Selling at Last Year's Price [View article]
On Dec 11 04:55 PM silver-bug wrote:
> I like the CanRoys for the dividend cashflow and like to put them
> in a DRIP to build up my shares. I had HTE before it got bought-off
> by the South Korean oil company, and exchanged it for ERF which pays
> a highger dividend. As long as the dollar's long term trend is south,
> I buy these energy sector CanRoys and will hold them until the rules
> change in 2011.
Five Reasons Citi's Worth the Long Risk [View article]
The problem is to a large extent an accounting problem as certain assets, even performing assets, are being marked or valued at ridiculous prices as in many cases there is no trading and no applicable "market value". The problem for long term investors is the "what if " scenario of those undervalued assets being hived off into some vehicle that will prevent Citi shareholders from participating in the inevitable upside.
Winners and Losers from Oil Contango [View article]
AND the farce of Oklahoma pricing.
Why Gold Stocks Failed (And Why I'm Still Holding On) [View article]
Why Gold Stocks Failed (And Why I'm Still Holding On) [View article]