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  • Falling Gas Prices Are a Tax Cut of Massive Proportions  [View article]
    Gotta love peak oil. Seriously, the US didn't hit peak oil. We just
    decided that we didn't want to drill here anymore. There is enough
    oil under US lands to supply the US for the next 100 years or more.
    The only difference is that we need to build the technology to get to
    it safely and convince the voting public that it really is safe on the
    environment.
    Oct 21 12:59 pm |Rating: 0 0 |Link to Comment
  • Falling Oil: The Giant Global Tax Cut [View article]
    Oil production is slowing because we're on the brink of peak oil. It's
    okay to short this for now, but don't get caught long term short. Just
    like in the seventies when we hit U.S. peak oil, there was a national
    recession. Now, we've hit global peak oil. There has to be a world
    recession, maybe even depression, to keep oil use at a sustainable
    level. You know what that means. Less sushi, more Ramen.
    Oct 21 12:59 pm |Rating: 0 0 |Link to Comment
  • Options Trader: Outlook for a Testy Tuesday [View article]
    The trick here is, oil will eventually climb again. But, its going to
    require the economy getting back on track. If they can't get the
    banking crap sorted, you can expect to see gas drop back down to the
    range of low 2 something a gallon before it climbs up again. China
    can't build squat if the economy tanks. Fact is, OPEC shot themselves
    in the foot when they let oil climb sky high which inevitably drives
    up supply. The end result is that oil will be sitting at an
    oversupplied rate over the next 2-3 years and opec will be caught in
    the middle of trying to drive prices back up by reducing supply while
    the US market increases supply through other means to keep prices
    down. Ultimately they also sparked a revolutionary change in the
    market place so that consumers focus on gas mileage instead of size
    which reduces the demand.
    Oct 21 12:58 pm |Rating: 0 0 |Link to Comment
  • Misinterpretation of Gold Lease Rates and Why Gold Could Rise [View article]
    Good points Brian,

    When the market manipulation ends (after the US election) and
    demographic patterns take hold (buying behavior changes as baby
    boomers retire - starting in 2009) you will find no one will be
    seeking the US dollar or EURO and gold and silver will be in great
    demand.

    If history is a guide, gold will be steadily advancing in the coming
    months, once the hedge fund-liquidation ends; and when foreign
    governments stop propping up the dollar to help the incumbent party
    during November's US election. The recent back-sliding is not because
    of the some inherent flaw in gold investing, but because hedge funds
    and (some) government manipulation (keep people in dollars effort) are
    selling... and selling big! Hedge funds are selling to cover margin
    calls and short positions... and to retrieve cash for those bailing
    out of their once precious multi-trillion dollar funds.

    Here is what will happen in the coming six months. Once the election
    is over (Nov), foreign governments will not be supporting a strong US
    dollar policy. Instead they will be retaining gold and silver to
    hedge against the coming economic winter and the falling reserve
    currency (USD). Hedge funds will complete most of there short selling/
    covering calls by the end of November... and to satisfying client exit-
    demands (look for a few more periods when options expire). Then as
    the US government and others inflate their currencies and try to
    Keynesian-spend their way out of this economic down turn (Thanksgiving
    through Spring), look for gold and silver to reach it's all time high
    (I'm forecasting February highs).

    Keep the faith!
    Oct 21 12:56 pm |Rating: 0 0 |Link to Comment
  • Why Oil and Gold Are Headed Much Higher [View article]
    Great Post. IMO we will see the tables turn once we regain equilibrium to seeing higher commodity prices. Let's face it.
    1) Massive increase in money supply
    +
    2) Lowered interest rates
    =
    3) Increased inflationary pressures.

    = investors running to gold and oil as a safe haven.
    Oct 20 16:42 pm |Rating: 0 0 |Link to Comment
  • Gold: Beware the Bucking Bull [View article]
    be aware of the bull. grab her by the horns and hold tight. $1500 to come in the next 2 years. heeee hawwww lol
    Oct 20 14:40 pm |Rating: 0 0 |Link to Comment
  • What's It Going to Be: Inflation or Deflation? [View article]
    Jason.

    -Money supply increase
    -inflation pressure increases
    -SEC valuation modification: we can't properly value equities
    -leading to more uncertainty
    -investors run to hedge their cash
    -worldwide increase in the price of gold.

    Gold Long, Inflation Long.

    Oct 20 14:39 pm |Rating: 0 0 |Link to Comment
  • Misinterpretation of Gold Lease Rates and Why Gold Could Rise [View article]
    Lets not forget that Merrill has predicted that gold should hit $1,500 within the next few years. I will state that I am a bull on gold. Why? From Econ 101, I know that with a substantial increase in the money supply.. will result in inflationary pressures. With inflation our current fiat currency will be worth less and less. We will continue to experience uncertainty in our economy? Where will people go? To gold, not only to preserve wealth but to preserve one's mental state of being.
    Oct 20 14:36 pm |Rating: 0 0 |Link to Comment
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