auto44

Cramer's Stop Trading! How Can You Not Want to Be in Freeport? (4/23/09)

Crammer, Why now. Why not in March or maybe a month from now.
Folks it is time to not only stop trading but to stop Crammer, HIS POPULARITY UNDERSCORES the falicy of listening to pundits who have to continually find and in his case on a daily basis some new idea. there just isn't that much new going on. He likes to brag about his days as a hedge fund manager. Almost everyone looks smart in a bull market, making smart moves in this market is very difficult.

BHP Is Best of the Miners - Barron's

I think (bhp) is a good company with excellant corporate governance. I think they showed great restraint when it became apparent that the rio tinto deal was not a good thing to go foward with at this time. A lot of the greed that has ruined so many good companies lately has to do with the empire builder ceos that just want to rule over larger and larger companies instead of companies with good operations. It seems prestige and the opportunity to use stock holders as patsies often comes from total market cap. It is the opposite of being well paid for making good decisions for the stock holders for whom they are suppose to work. Long term my guess is that this is as good a company as you could invest in, but I also think it is still to early in the current state of affairs to deploy capitol into the stock market.

Gold as a Truly Last Resort

Good comment. Are they tax dollars or just printed out of thin air? I think they are only tax dollars in as much as they devalue the dollars we now own.

On Jan 12 10:15 AM know nothing wrote:

> Well it looks as though gold will retest it's previous lows,that
> is how it looks today.But at some point gold will establish a low(bottom)
> and confirm that bottom by bouncing off of it and then creating higher
> highs and higher lows.The oppurtunity for large gains in precious
> metels usually comes when we are comming out of a recession, fore
> inflation is a by product of a recession. Therefore the price of
> gold still searching for a bottom,would indicate that we are not
> even half way through the current recession. Thus dollar cost averaging
> should be part of your portfolio strategy ingold,it appears another
> buying opportunity right around the corner. The hurry up and pass
> the next stimulus package is like dejavu, I hope the next adminstration
> can at least tell the american people where their tax dollars are
> being spent. Sooner or later the american people will figure out
> that the current economic model is not one which was designed to
> last for ever and will finally need to be completely overhauled,
> much like the Roman empire failed,the current american consumer model
> will fail as well. The longer we prolong the pain the more it will
> hurt when it finally does fail. Noone seems to understand that you
> can not borrow your way out of debt!!!

Gold as a Truly Last Resort

Only knock on physical gold is high trading and storage costs and risks of being stolen or lost in some disaster if kept at home.


On Jan 12 05:08 AM Ron Mahabir08 wrote:

> Some very relevant points, and overall agree with your analysis.
> Timing, however, is the key here. Your scenario could take a while
> as the whole "old system" is bent on survival. That said, can't be
> too wrong going long physical gold for the long-term (5 years+).

Buy, Sell or Hold: BHP Billiton Could Actually Rally Amidst the Bad News

EXCELLENT ARTICLE AND GREAT COMMENT. DON'T FORGET ENUFF MARKET CHANGES USUALLY LEAD ECONOMIC CHANGES. IF YOU ARE EARLY TO THE PARTY, WHAT'S THE DAMAGE. THE DIVIDEND IS PROBABLY MORE THAN YOU ARE CURRENTLY EARNING, AT LEAST IT'S MORE THAN MOST OF MY MONEY IS EARNING. I DON'T HAVE A CRYSTAL BALL BUT DOWNSIDE IN THIS CASE SEEMS NOT TO BE AS A GREAT A RISK AS MISSING THE INTIAL UPSIDE. IT WILL BE VOLATILE BUT THAT'S NOT A SIN IF YOU ARE PERSONALLY STABLE AND CAN STAND A ROLLER COASTER RIDE. GOOD LUCK BOB