Roger Wiegand: Oil Prices Create Industry Havoc [View article]
I agree with patio. nearly all of the "experts" have had the last year exactly wrong. Back in May-June, we were in for hyper-inflation. Only six months later, we are headed for at least a recession and at worse a depression.
Why would anyone be interested in your prognostications when your track record is so poor. If you make enough "predictions" you are bound to get a couple of them right, and undoubtably you will use the 10% of your correct predictions to blow your horn about what a great predictor of the future you are. However, you will conveniently omit the 90% wrong predictions from your resume'.
Despite Empty Silos and Hunger, Short Commodity ETFs [View article]
The world needs food, and even with recession looming there will be demand for basic food stuffs (rice, corn wheat, and soybeans). China needs to grow it's economy by 7%-8% each year just to stay even. India also needs to grow their economy by 5%-6% to break even.
Arable land is in decline the world over, and this is even more so in China. Agricultural land has been converted to factories and power plants, (hydro and coal) and with the growth requirements in just China alone, (not including India) there will be demand increases for all basic agricultural commodities. If there is a weather event in any agriculture producing, exporting country, this will create even more demand for that agricultural product
While I believe that we will have a short term deflationary cycle, the long term trend for all commodities will continue to rise.
All recessions end eventually, and world governments are pumping extraordinary amounts of capital into their economies. This stimulation to world economies has no precedent, and can lead to only one thing, Inflation, and once you let the inflation genie out of the bottle, it is very difficult to contain.
While you may be correct in the next six months, the inevitable result of the world economic policies will be inflation.
DryShips Cancels Acquisition of Four Carriers - What Does it Mean for the Stock? [View article]
The problem with punishing George is that if the stock drops too low, he could take it private or, as was done before, bankrupt the company and retain the assets at pennies on the dollar.
It looks like a win-win for George and a lose-lose for shareholders.
Dryships' Questionable Deals Don't Help Investor Confidence [View article]
It is becoming clear that DRYS is what Geo. E. uses as a "piggy-bank" to line his pockets at the expense of shareholders. When was the last time he has made a corporate decision that added value to the shareholders?
I would be very interested if someone could answer that question.
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Latest comments | Highest ratedRoger Wiegand: Oil Prices Create Industry Havoc [View article]
Why would anyone be interested in your prognostications when your track record is so poor. If you make enough "predictions" you are bound to get a couple of them right, and undoubtably you will use the 10% of your correct predictions to blow your horn about what a great predictor of the future you are. However, you will conveniently omit the 90% wrong predictions from your resume'.
Despite Empty Silos and Hunger, Short Commodity ETFs [View article]
Arable land is in decline the world over, and this is even more so in China. Agricultural land has been converted to factories and power plants, (hydro and coal) and with the growth requirements in just China alone, (not including India) there will be demand increases for all basic agricultural commodities. If there is a weather event in any agriculture producing, exporting country, this will create even more demand for that agricultural product
While I believe that we will have a short term deflationary cycle, the long term trend for all commodities will continue to rise.
All recessions end eventually, and world governments are pumping extraordinary amounts of capital into their economies. This stimulation to world economies has no precedent, and can lead to only one thing, Inflation, and once you let the inflation genie out of the bottle, it is very difficult to contain.
While you may be correct in the next six months, the inevitable result of the world economic policies will be inflation.
GLTA
DryShips Cancels Acquisition of Four Carriers - What Does it Mean for the Stock? [View article]
It looks like a win-win for George and a lose-lose for shareholders.
Dryships' Questionable Deals Don't Help Investor Confidence [View article]
I would be very interested if someone could answer that question.