Seeking Alpha

pierrebonbon

pierrebonbon
Send Message
View as an RSS Feed
View pierrebonbon's Comments BY TICKER:
Latest  |  Highest rated
  • Silver, A Contrarian's Appeal To The Bears [View article]
    Please do not make it personal. It is interesting enough of a subject to afford debating without recurring to that kind of argument (or lack of). That said, I may have not been clear in my previous comment. What I said is that FA is perfect only after the fact, meaning that it has little predicting power but can make past events appear rational. Elliot Wave theory on the other hand can offer a finite number of possibilities before the fact has happened that can be conveniently adjusted using a finite but accommodating amount of ratios. I wonder if using Fibonacci ratios anyone would have predicted to the cent each and every event that happened in any financial instrument during any time period? That anyone could have predicted to the cent each and every replica wave from the corresponding precursor for any given financial instrument (and not within a number of possible outcomes)?
    Aug 21 10:57 PM | 1 Like Like |Link to Comment
  • Silver, A Contrarian's Appeal To The Bears [View article]
    Elliott Wave analysis is more or less accurate only insofar as one keeps adjusting one's predictions using alternative counts. This is not to say that there are no patterns that could one day be more precisely identified and explained using the appropriate tools. In my humble opinion Fibonacci retracement and fractals are a poor's man tool to understanding more complex phenomena. That said, fundamentals are perfect in the very long-term, i.e. as historical explanation.
    Aug 21 10:00 PM | 1 Like Like |Link to Comment
  • Investing In 2013: Remember 1977 [View article]
    The non-boomer can make more in a few hours than the boomer in twelve, it simply is more capable intelectually. It grew up with a whole lot more conceptual tools than the previous generation. It just does not do better because they inherited a rotten system run by self-made-old-men that did not have the time nor the disposition to educate themselves.
    Mar 2 05:50 PM | Likes Like |Link to Comment
  • Price Of Gold Under The Last 4 Fed Chiefs [View article]
    Where's the rest of the article?
    Feb 26 02:46 PM | 3 Likes Like |Link to Comment
  • Is This The Start Of A Bear Market In Gold? [View article]
    I wonder what would happen to those poor guys if 28 out of 30 girls were to discover the pleasures of gay love?
    Feb 25 05:05 PM | Likes Like |Link to Comment
  • Will Silver Drop To $26? [View article]
    Not at all. I guess hopes of higher demand of silver to be used in dental fillings go hand in hand with increased demand of full gold crowns. I guess sugar is to blame, it is at historical lows after all (SGAR, CANE for instance). Perhaps the whole idea is that sugar is about to make a move up, which has proven to be bullish both for gold and silver (in the long term of course).
    Feb 24 01:08 PM | Likes Like |Link to Comment
  • Will Silver Drop To $26? [View article]
    I've heard there's going to be a suddenly high demand of dental fillings (in the long term). You might want to buy tin and mercury as well.
    Feb 24 05:36 AM | Likes Like |Link to Comment
  • Stagflation: Coming Soon To A Market Near You [View article]
    You may "try to debase your currency and inflate your way out of your debt", althout I am not sure "this always results in much higher inflation", due to poor job numbers. I am mostly thinking about inventory pile up and the likely deflation that comes from it.
    Feb 23 10:52 AM | Likes Like |Link to Comment
  • "Sellers are calling the shots right now," says a California real estate broker. "What's out there is gobbled up with anywhere from 5 to 25 offers." It's not 2005 again - by some measures it could be even crazier. At 1.74M homes, housing inventory is at the lowest level since 1999 as the spring buying season awaits. Zillow reports prices up 6.2% Y/Y in January, the fastest pace since the bubble days. [View news story]
    Isn't this bearish for PMs, even if in the short-term? Anyone?
    Feb 23 09:02 AM | Likes Like |Link to Comment
  • The hawks have made some noise, now the doves get their say: QE is providing the economy a "much needed boost" and will be required deep into 2013 H2, says the San Francisco Fed's John Williams. "Unemployment is far too high and inflation is too low ... We need powerful and continuing monetary accommodation." Stocks are bouncing, but just a hair. [View news story]
    My point is, even if all this money finds its way into the economy (which I do not think will ever happen in large enough quantities), it won't end up fuelling the economy in the ways it did. Without a confident middle class there seems to be little room for inflationary scenarios. Also, I don't see people in the streets buying gold, either in the form of jewellery or coins. Money is paradoxically enough sparse these days and one has to eat first. The same goes for silver. If inventory piles up in the electronics and auto industries what do you think will happen to silver?
    Feb 23 08:58 AM | Likes Like |Link to Comment
  • Gold, Silver, Mining Stocks: 'Capitulicious'? [View article]
    Right, because everyone is buying electronics like mad, not to speak of the silver bullets.
    Feb 22 05:58 PM | 1 Like Like |Link to Comment
  • The hawks have made some noise, now the doves get their say: QE is providing the economy a "much needed boost" and will be required deep into 2013 H2, says the San Francisco Fed's John Williams. "Unemployment is far too high and inflation is too low ... We need powerful and continuing monetary accommodation." Stocks are bouncing, but just a hair. [View news story]
    i.e., there is a whole lot more M1, but little finds its way into Joe's pocket.
    Feb 22 01:06 AM | Likes Like |Link to Comment
  • The hawks have made some noise, now the doves get their say: QE is providing the economy a "much needed boost" and will be required deep into 2013 H2, says the San Francisco Fed's John Williams. "Unemployment is far too high and inflation is too low ... We need powerful and continuing monetary accommodation." Stocks are bouncing, but just a hair. [View news story]
    And there is more dough around really? I haven't noticed.
    Feb 21 11:33 PM | Likes Like |Link to Comment
  • The hawks have made some noise, now the doves get their say: QE is providing the economy a "much needed boost" and will be required deep into 2013 H2, says the San Francisco Fed's John Williams. "Unemployment is far too high and inflation is too low ... We need powerful and continuing monetary accommodation." Stocks are bouncing, but just a hair. [View news story]
    You were ill advised I guess.
    Feb 21 10:57 PM | Likes Like |Link to Comment
  • The hawks have made some noise, now the doves get their say: QE is providing the economy a "much needed boost" and will be required deep into 2013 H2, says the San Francisco Fed's John Williams. "Unemployment is far too high and inflation is too low ... We need powerful and continuing monetary accommodation." Stocks are bouncing, but just a hair. [View news story]
    Not sure what you mean, could you please explain?
    Feb 21 09:41 PM | Likes Like |Link to Comment
COMMENTS STATS
92 Comments
57 Likes