1977°C's Comments 1977°C's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/329540/comments John Hussman: Plunging Equity Valuations Should Impact Stock/Bond Allocation http://seekingalpha.com/article/113351-john-hussman-plunging-equity-valuations-should-impact-stock-bond-allocation?source=feed#comment-347435 347435 I please all stay away from stocks as an asset class indefinitely, if you are not hedged with double short index ETF or other short index instruments, keep away from it alltogether.We are heading for 3000-4000 Dow Jones at some point in the next 10 years.]]> Tue, 06 Jan 2009 11:15:56 -0500 I please all stay away from stocks as an asset class indefinitely, if you are not hedged with double short index ETF or other short index instruments, keep away from it alltogether.We are heading for 3000-4000 Dow Jones at some point in the next 10 years.]]> Markets Should Rally in 2009 http://seekingalpha.com/article/113467-markets-should-rally-in-2009?source=feed#comment-347428 347428 I may allow only one final saying, your article being great, next time you see personally any stock market commentator, top analyst, super banker, hedge fund star etc., ask them from me:
If you guys are so f.....g good, why you work for paycheck and not do it on your own, what sense is to shave every morning and smile non stop or make smart face, if with your guys knowledge of the world you can be lying in your yacht taking a nap and trading in your free time from fishing.
ALL WHO WORK FOR CORPORATIONS AND ARE QUOTED IN MAJOR MEDIA PIPES CAN NOT BE TRUSTED AS THEY ARE A...S.]]>
Tue, 06 Jan 2009 11:10:31 -0500 I may allow only one final saying, your article being great, next time you see personally any stock market commentator, top analyst, super banker, hedge fund star etc., ask them from me:
If you guys are so f.....g good, why you work for paycheck and not do it on your own, what sense is to shave every morning and smile non stop or make smart face, if with your guys knowledge of the world you can be lying in your yacht taking a nap and trading in your free time from fishing.
ALL WHO WORK FOR CORPORATIONS AND ARE QUOTED IN MAJOR MEDIA PIPES CAN NOT BE TRUSTED AS THEY ARE A...S.]]>
Why Oil Will Head Higher http://seekingalpha.com/article/113428-why-oil-will-head-higher?source=feed#comment-347423 347423 Tue, 06 Jan 2009 11:00:44 -0500 Why Oil Will Head Higher http://seekingalpha.com/article/113428-why-oil-will-head-higher?source=feed#comment-347418 347418 Because all best stock market blogs and websites are getting about 50% less visits than last year, and you know what that mens?
It means that we are in very serious economic collapse that will make many people mostly from middle class very poor and majority of poor very slim.
If you think few billionaires will make for the lost gasoline demand during this 1929 Part II crash, then think again.]]>
Tue, 06 Jan 2009 10:59:10 -0500 Because all best stock market blogs and websites are getting about 50% less visits than last year, and you know what that mens?
It means that we are in very serious economic collapse that will make many people mostly from middle class very poor and majority of poor very slim.
If you think few billionaires will make for the lost gasoline demand during this 1929 Part II crash, then think again.]]>
Crudomania Is Over http://seekingalpha.com/article/113446-crudomania-is-over?source=feed#comment-347390 347390 I promise all of you, that till 2015 we will hit 9$ a barrell.
Yeah, Oil is now 50$ and I make money both buying/selling it day by day, but I would never buy December 2017 Crude Oil at 80$, the market traders of all kind predict such a price for 2017 and I have no idea how they come into this 60% above now price call, but may I remind you that in 1999 longest dated futures then for December 2008 were tading, well at around 20-25$.]]>
Tue, 06 Jan 2009 10:30:53 -0500 I promise all of you, that till 2015 we will hit 9$ a barrell.
Yeah, Oil is now 50$ and I make money both buying/selling it day by day, but I would never buy December 2017 Crude Oil at 80$, the market traders of all kind predict such a price for 2017 and I have no idea how they come into this 60% above now price call, but may I remind you that in 1999 longest dated futures then for December 2008 were tading, well at around 20-25$.]]>
New Cartel Announces the End of Cheap Gas http://seekingalpha.com/article/113455-new-cartel-announces-the-end-of-cheap-gas?source=feed#comment-347370 347370 Russia makes it's social unrest controlable at Oil above 100$ and all it's commodities 100% above the curent prices, I expect something terrible will happen in Russia very soon and it will make Oil/Gas cheaper as they are scrambling and begging to sell their hard stuff for dollars.]]> Tue, 06 Jan 2009 10:17:03 -0500 Russia makes it's social unrest controlable at Oil above 100$ and all it's commodities 100% above the curent prices, I expect something terrible will happen in Russia very soon and it will make Oil/Gas cheaper as they are scrambling and begging to sell their hard stuff for dollars.]]> Expert Commodity Picks for 2009: Jim Rogers and Marc Faber http://seekingalpha.com/article/113105-expert-commodity-picks-for-2009-jim-rogers-and-marc-faber?source=feed#comment-346637 346637 Those guys are managers who manage other peoples money, their business is not to make you reach, they are salesmen who sell their products (ideas) and use with this money media influence (what banquets Soros makes for media who cover his talk).
I promise you that they make money not from trading ( this way they lost all long ago) they make money from talking.]]>
Mon, 05 Jan 2009 14:25:28 -0500 Those guys are managers who manage other peoples money, their business is not to make you reach, they are salesmen who sell their products (ideas) and use with this money media influence (what banquets Soros makes for media who cover his talk).
I promise you that they make money not from trading ( this way they lost all long ago) they make money from talking.]]>
2008 Precious Metals Performance: Gold, Silver, Platinum http://seekingalpha.com/article/113174-2008-precious-metals-performance-gold-silver-platinum?source=feed#comment-346446 346446 The dumb will buy Gold because it is down less than Platinum, the smart will not buy either as he will think: How come Platinum considered luxury for the rich of the world went down 70% in few months, isn't it because very rich become concerned about their evaporating savings and stopped buying expensive things.
But dumb investor will say: What do I care Platinum or Rhodium or Palladium crashed, Gold didn't so it looks good I buy in hope others will flood Tiffany's of the world and buy all invenory fast.]]>
Mon, 05 Jan 2009 11:49:00 -0500 The dumb will buy Gold because it is down less than Platinum, the smart will not buy either as he will think: How come Platinum considered luxury for the rich of the world went down 70% in few months, isn't it because very rich become concerned about their evaporating savings and stopped buying expensive things.
But dumb investor will say: What do I care Platinum or Rhodium or Palladium crashed, Gold didn't so it looks good I buy in hope others will flood Tiffany's of the world and buy all invenory fast.]]>
Ratio of Gold to Silver http://seekingalpha.com/article/113225-ratio-of-gold-to-silver?source=feed#comment-346436 346436 SELL GOLD NOW.]]> Mon, 05 Jan 2009 11:43:05 -0500 SELL GOLD NOW.]]> Reader's Comment: Oil Stocks vs. Oil Trading Strategy http://seekingalpha.com/article/113210-reader-s-comment-oil-stocks-vs-oil-trading-strategy?source=feed#comment-346434 346434 I only believe in the daytrade as this is the only one strategy that let's trader a minimal exposure to price action moves long term.]]> Mon, 05 Jan 2009 11:39:09 -0500 I only believe in the daytrade as this is the only one strategy that let's trader a minimal exposure to price action moves long term.]]> Reports of Equities' Death Are Greatly Exaggerated http://seekingalpha.com/article/113213-reports-of-equities-death-are-greatly-exaggerated?source=feed#comment-346421 346421 Now this asset allocation model is dead as well as the current mega crash proved that stock investing is pure speculation that has nothing to do with the overall economic growth.
How come global economy grows 2-4% a year and stocks grow 10-20% a year, doesn't this public companies participate in the global economic cycle or they are on their own?
Think about it.]]>
Mon, 05 Jan 2009 11:34:12 -0500 Now this asset allocation model is dead as well as the current mega crash proved that stock investing is pure speculation that has nothing to do with the overall economic growth.
How come global economy grows 2-4% a year and stocks grow 10-20% a year, doesn't this public companies participate in the global economic cycle or they are on their own?
Think about it.]]>
Gold Due for a Pullback; Silver Approaching Resistance http://seekingalpha.com/article/113191-gold-due-for-a-pullback-silver-approaching-resistance?source=feed#comment-346164 346164 Let me explain why GC is down less than Crude Oil ,Palladium, Nickel or Rhodium it is down less for one very simple reason: most investors who bought mining stocks even 5 years ago (I don't even mention those buying in 2008) lost about everything or in best cases 50% which is not bad looking at any other sector in the global economy, so again why GC didn't crash?
The only reason for this that those that were listening to GC stories 1 year ago and missed big rally sitting on the sidelines, lately came to the market as watching GC that got symbolized last year that it is a best protection from all depressions and recessions plus in the booming leveraged world economy new middle class including billions Chinesse, Indians, Russians, Saudis will buy 1 gram of GC each (I remember such explanations) and the GC will be 2000-3000 $ in a blink of an eye.
So those who started to buy lately out of fear of beat market pushed the price to the opposite direction of Platinum price and making out of it the good opportunity to sell because demand for jewelry declines day by day and cash GC trading volumes already collapsed so those buying futures and options and stocks made a mini bubble that have nothing to do with GC demand when major jewelry stores worldwide and luxury industry in particular see their sales disappear overnight and in panic they cancel all their GC buy orders as inventory is full and it will take now years to sell existing stock.
Those of you who think that all commodities went down 50-70% in such a fast time and it is a joke, I wish you happy GC investing while those of you who understand that we are in the beginning of 1929 era ( who bought GC then?) that can last 30 years I advise sell all your physical GC. futures, mining stocks NOW.
GC very soon will make me very rich at 500 $.]]>
Mon, 05 Jan 2009 07:54:43 -0500 Let me explain why GC is down less than Crude Oil ,Palladium, Nickel or Rhodium it is down less for one very simple reason: most investors who bought mining stocks even 5 years ago (I don't even mention those buying in 2008) lost about everything or in best cases 50% which is not bad looking at any other sector in the global economy, so again why GC didn't crash?
The only reason for this that those that were listening to GC stories 1 year ago and missed big rally sitting on the sidelines, lately came to the market as watching GC that got symbolized last year that it is a best protection from all depressions and recessions plus in the booming leveraged world economy new middle class including billions Chinesse, Indians, Russians, Saudis will buy 1 gram of GC each (I remember such explanations) and the GC will be 2000-3000 $ in a blink of an eye.
So those who started to buy lately out of fear of beat market pushed the price to the opposite direction of Platinum price and making out of it the good opportunity to sell because demand for jewelry declines day by day and cash GC trading volumes already collapsed so those buying futures and options and stocks made a mini bubble that have nothing to do with GC demand when major jewelry stores worldwide and luxury industry in particular see their sales disappear overnight and in panic they cancel all their GC buy orders as inventory is full and it will take now years to sell existing stock.
Those of you who think that all commodities went down 50-70% in such a fast time and it is a joke, I wish you happy GC investing while those of you who understand that we are in the beginning of 1929 era ( who bought GC then?) that can last 30 years I advise sell all your physical GC. futures, mining stocks NOW.
GC very soon will make me very rich at 500 $.]]>
Exxon Apostasy: A Closer Look at the Oil Giant's Real Valuation http://seekingalpha.com/article/113163-exxon-apostasy-a-closer-look-at-the-oil-giant-s-real-valuation?source=feed#comment-346153 346153 That is why exactly XOM is down only 15% not 35% as DJIA or SP 500 from it's high as it's beta is 0.5%.
Investors in XOM who think DJIA or SP 500 are going to be lower from year from now can stick to XOM, investors who are bullish may sell XOM and instead buy more correlated beta stocks to the upside with the value of beta 1 and above.]]>
Mon, 05 Jan 2009 07:31:49 -0500 That is why exactly XOM is down only 15% not 35% as DJIA or SP 500 from it's high as it's beta is 0.5%.
Investors in XOM who think DJIA or SP 500 are going to be lower from year from now can stick to XOM, investors who are bullish may sell XOM and instead buy more correlated beta stocks to the upside with the value of beta 1 and above.]]>
Iraq Production, Conservation Could Keep Oil Price in Check for Years http://seekingalpha.com/article/113124-iraq-production-conservation-could-keep-oil-price-in-check-for-years?source=feed#comment-345750 345750 OPEC is made of ,now take a deep breath and hoppa, OPEC is made,yeah, traders that simple.
What you think that because they wear different clothes than you and look darker they can not be traders?Middle East has long history of trading commodities and first futures were found by Socrates to meet the supply/demand long term agreements between Olive Oil producers and wholesale buyers to stablize the prices and secure delivery as Olive Oil producer was afraid demand will suddenly evaporate and kill it's profits etc. and buyer was afraid of losing access to stable deliveries in times of expected future rising demand and shortage of Olive Oil elswhere.
Since then (2500-3000 years ago?) the relationship between producer/consumer were not easy as sometimes when prices crashed seller made stable profits and at other times seller lost as prices rose and he had to deliver at below prices.
So who is more important in the OPEC/consumer relationship?
I think that both sides are important as we need OPEC for it's Olive Oil, sorry, for it Crude Oil and OPEC needs us for the same reason to sell us it's Oil and make money whatever the price will be, producer just can't shut it's Oil well and go somwhere else do something else as Oil is all he have and it is in their interest keep it running,developing it,selling it and pocketing the profit.]]>
Sun, 04 Jan 2009 17:12:03 -0500 OPEC is made of ,now take a deep breath and hoppa, OPEC is made,yeah, traders that simple.
What you think that because they wear different clothes than you and look darker they can not be traders?Middle East has long history of trading commodities and first futures were found by Socrates to meet the supply/demand long term agreements between Olive Oil producers and wholesale buyers to stablize the prices and secure delivery as Olive Oil producer was afraid demand will suddenly evaporate and kill it's profits etc. and buyer was afraid of losing access to stable deliveries in times of expected future rising demand and shortage of Olive Oil elswhere.
Since then (2500-3000 years ago?) the relationship between producer/consumer were not easy as sometimes when prices crashed seller made stable profits and at other times seller lost as prices rose and he had to deliver at below prices.
So who is more important in the OPEC/consumer relationship?
I think that both sides are important as we need OPEC for it's Olive Oil, sorry, for it Crude Oil and OPEC needs us for the same reason to sell us it's Oil and make money whatever the price will be, producer just can't shut it's Oil well and go somwhere else do something else as Oil is all he have and it is in their interest keep it running,developing it,selling it and pocketing the profit.]]>
Risk Aversion Trading Expected to Return http://seekingalpha.com/article/113125-risk-aversion-trading-expected-to-return?source=feed#comment-345727 345727 Come on guys, haven't you lost enough or haven't you witness the reality of the 2008?]]> Sun, 04 Jan 2009 16:46:50 -0500 Come on guys, haven't you lost enough or haven't you witness the reality of the 2008?]]> A Bull Is Born, 2009 http://seekingalpha.com/article/113100-a-bull-is-born-2009?source=feed#comment-345718 345718 Stop dreaming, we are back to sharp sell off from Monday on.]]> Sun, 04 Jan 2009 16:37:15 -0500 Stop dreaming, we are back to sharp sell off from Monday on.]]> Laszlo Birinyi: S&P 750's the Bottom - Barron's Interview http://seekingalpha.com/article/113129-laszlo-birinyi-s-p-750-s-the-bottom-barron-s-interview?source=feed#comment-345709 345709 I have nothing against any guru as I know that this is the time for old stars to die and new to born.I am not even sure tha Seeking Alpha will be here for another 12-24 months as soon we all will realize the power of economic depression, people who are 80-100 years old ( my dad was born on majestic 1929) could tell you how it was in the 20,30,40,50s when markets crashed and people stood in front of NYSE with their new FORD cars to sell to buy food ( think today of Mercedes, diamonds, antiquities, fine watches etc. as it all will be dumped soon).
Stay away from the stocks if you are Mr.Laszlo style buy/hold type, only short term traders can make money as the power of the crash shaves value of all assets day by day.]]>
Sun, 04 Jan 2009 16:27:38 -0500 I have nothing against any guru as I know that this is the time for old stars to die and new to born.I am not even sure tha Seeking Alpha will be here for another 12-24 months as soon we all will realize the power of economic depression, people who are 80-100 years old ( my dad was born on majestic 1929) could tell you how it was in the 20,30,40,50s when markets crashed and people stood in front of NYSE with their new FORD cars to sell to buy food ( think today of Mercedes, diamonds, antiquities, fine watches etc. as it all will be dumped soon).
Stay away from the stocks if you are Mr.Laszlo style buy/hold type, only short term traders can make money as the power of the crash shaves value of all assets day by day.]]>
Citigroup's Derivatives Reduce Bailout to a Non-Event http://seekingalpha.com/article/113114-citigroup-s-derivatives-reduce-bailout-to-a-non-event?source=feed#comment-345476 345476 This are mostly swaps (loans) linked to long dated treasuries, so 37 trillion USD are not 37 trillion, this is the amount that they serve, so if 10% of those loans will fail it will wipe out 3.7 trillion $ in like 20-30 years or 123 billion $ a year.Now think about deposits that will be transfered from other banks to C and then think again if it is possible for 10% of loans to fail - of course not as each loan after short period of non performance is called back and banks liquidate remaining assets making their biggest buck on it.
I don't say that there is no risk on the banks balance sheet, there is risk but it is managable risk long term and for now banks get help from the government.In the long run (20-30 years) this crash will lok like an opportunity of a lifetime, but as exact low point to buy bank stocks is not known one must be selective and wait.
I would love to go long anything if DJIA will reach at some time in the future 2000-3000.]]>
Sun, 04 Jan 2009 12:19:58 -0500 This are mostly swaps (loans) linked to long dated treasuries, so 37 trillion USD are not 37 trillion, this is the amount that they serve, so if 10% of those loans will fail it will wipe out 3.7 trillion $ in like 20-30 years or 123 billion $ a year.Now think about deposits that will be transfered from other banks to C and then think again if it is possible for 10% of loans to fail - of course not as each loan after short period of non performance is called back and banks liquidate remaining assets making their biggest buck on it.
I don't say that there is no risk on the banks balance sheet, there is risk but it is managable risk long term and for now banks get help from the government.In the long run (20-30 years) this crash will lok like an opportunity of a lifetime, but as exact low point to buy bank stocks is not known one must be selective and wait.
I would love to go long anything if DJIA will reach at some time in the future 2000-3000.]]>
Year-End Buyouts: Big Challenges for the Big Banks http://seekingalpha.com/article/113013-year-end-buyouts-big-challenges-for-the-big-banks?source=feed#comment-345449 345449 This demand for banking overall will make rising revenues ( I had 4 bank accounts last year, now only 1 as I was not sure if other 3 banks will remain so this 1 bank gets 2-3 times more money from me for the services I used before with 4 banks) and even rising profits.
I would not invest now in most banks but one I think will be taken over soon Fifth Third Bancorp (NasdaqGS: FITB) and I am watching carefully.
]]>
Sun, 04 Jan 2009 12:03:36 -0500 This demand for banking overall will make rising revenues ( I had 4 bank accounts last year, now only 1 as I was not sure if other 3 banks will remain so this 1 bank gets 2-3 times more money from me for the services I used before with 4 banks) and even rising profits.
I would not invest now in most banks but one I think will be taken over soon Fifth Third Bancorp (NasdaqGS: FITB) and I am watching carefully.
]]>
Manufacturing Activity Hits a 28-Year Low http://seekingalpha.com/article/112992-manufacturing-activity-hits-a-28-year-low?source=feed#comment-344904 344904 I wish the stock market crash will continue for long time and many factories will close, I hope the people will get to normalicy where one car per family, basic clothes and goods will be enough.
Greed and ideology of money must be killed with the current crash, I propose to establish a "One World Party" which will have the worldwide authority to confiscate millions and billions of dollars from various rich people around the world, I propose to allow any enterpreneur to make a forune of up to 100mln $ per family with all the rest of the wealth will be given back in taxes to the bearers country, why Warren Buffett needs 200 billion dollars? Why Bill Gates needs the same? Why Roman Abramovich needs his ill gotten billions why tycoons keep their billions when people lose their healthcare, their jibs?
Everybody with the wealth of excess of 100 mln $ please contact directly your IRS office in your country and return the money immediately, I promise 100 mln $ will be more than enough for you.]]>
Sat, 03 Jan 2009 13:34:53 -0500 I wish the stock market crash will continue for long time and many factories will close, I hope the people will get to normalicy where one car per family, basic clothes and goods will be enough.
Greed and ideology of money must be killed with the current crash, I propose to establish a "One World Party" which will have the worldwide authority to confiscate millions and billions of dollars from various rich people around the world, I propose to allow any enterpreneur to make a forune of up to 100mln $ per family with all the rest of the wealth will be given back in taxes to the bearers country, why Warren Buffett needs 200 billion dollars? Why Bill Gates needs the same? Why Roman Abramovich needs his ill gotten billions why tycoons keep their billions when people lose their healthcare, their jibs?
Everybody with the wealth of excess of 100 mln $ please contact directly your IRS office in your country and return the money immediately, I promise 100 mln $ will be more than enough for you.]]>
January: Expect Gains http://seekingalpha.com/article/112984-january-expect-gains?source=feed#comment-344896 344896 Sell the dead cat's rally, market is dead.]]> Sat, 03 Jan 2009 13:21:35 -0500 Sell the dead cat's rally, market is dead.]]> Two Veteran Perspectives on the Vix http://seekingalpha.com/article/112985-two-veteran-perspectives-on-the-vix?source=feed#comment-344891 344891 People who were inside the stocks investing anl lost all their money in 1 year, will never make the same mistake again, they will become super conservative for the rest of their life span which is about 20-30 years on average.
Only the new generation, those who are today 1-10 years old will participate actively in the next bubble.
VIX of 90% never happned before which probably means that investors got knock-out in the head and will not recover.
I advise all to keep away from buy&hold style, if you can't daytrade around all that moves and have liquidity, buy 10-30 government bonds and retire with this money as stocks will not beat bonds for years and years.]]>
Sat, 03 Jan 2009 13:15:20 -0500 People who were inside the stocks investing anl lost all their money in 1 year, will never make the same mistake again, they will become super conservative for the rest of their life span which is about 20-30 years on average.
Only the new generation, those who are today 1-10 years old will participate actively in the next bubble.
VIX of 90% never happned before which probably means that investors got knock-out in the head and will not recover.
I advise all to keep away from buy&hold style, if you can't daytrade around all that moves and have liquidity, buy 10-30 government bonds and retire with this money as stocks will not beat bonds for years and years.]]>
First Call of a Double-Dip Recession: Setting Up a Market Bottom? http://seekingalpha.com/article/112986-first-call-of-a-double-dip-recession-setting-up-a-market-bottom?source=feed#comment-344862 344862 Sat, 03 Jan 2009 12:18:21 -0500 Finally, Some Holiday Cheer http://seekingalpha.com/article/112990-finally-some-holiday-cheer?source=feed#comment-344858 344858 Same as to the upside all the crazy levels were broken now we must to brake all the levels to the downside.
The financial unwind will continue very well into 2009 as it seems like all those trades made on major were nothing else but evaporative trades.
If you look at the stock volume of any Russell2000 or Wilshire5000 component, you will then check company's balance sheet,it's P/L,EPS,revenue etc., you will understand suddenly that any single public firm doesn't make so much business on particular day as it's stock volume would otherwise show.
How much GOOG or IBM or GE of the world sells a day of it's products (products is still better than services) compare to it's stock volume, maybe up to 40% for the IBM ( it means for each 1$ of revenue it's volume on the NYSE is 2.5$).
I predict big declines in all worlds stock markets in 2009. ]]>
Sat, 03 Jan 2009 12:11:05 -0500 Same as to the upside all the crazy levels were broken now we must to brake all the levels to the downside.
The financial unwind will continue very well into 2009 as it seems like all those trades made on major were nothing else but evaporative trades.
If you look at the stock volume of any Russell2000 or Wilshire5000 component, you will then check company's balance sheet,it's P/L,EPS,revenue etc., you will understand suddenly that any single public firm doesn't make so much business on particular day as it's stock volume would otherwise show.
How much GOOG or IBM or GE of the world sells a day of it's products (products is still better than services) compare to it's stock volume, maybe up to 40% for the IBM ( it means for each 1$ of revenue it's volume on the NYSE is 2.5$).
I predict big declines in all worlds stock markets in 2009. ]]>
The Riskiness of Bonds http://seekingalpha.com/article/112979-the-riskiness-of-bonds?source=feed#comment-344409 344409 I expect T-Bones to stay at current levels (30 years T-Bones futures range 116.5 - 144) as investors will keep counting equities losses and will run to buy bonds, yes it is crazy but already hedge funds go bust shorting bonds so don't try to time this market, keep away, I myself would enter shorts at 144 on 30Y Treasuries futures but with strict stops in place.]]> Fri, 02 Jan 2009 14:25:16 -0500 I expect T-Bones to stay at current levels (30 years T-Bones futures range 116.5 - 144) as investors will keep counting equities losses and will run to buy bonds, yes it is crazy but already hedge funds go bust shorting bonds so don't try to time this market, keep away, I myself would enter shorts at 144 on 30Y Treasuries futures but with strict stops in place.]]> Randgold Resources: In Gold We Trust http://seekingalpha.com/article/112956-randgold-resources-in-gold-we-trust?source=feed#comment-344361 344361 Gold I like very much for it's shine that's why I bought Rolex Daytona in yellow gold for 20,000$ but I would not be able to exchange my watch even for a 10$ bill at Wal Mart at the cashier.
Or imagine how you pay with 1 ounce gold bar for goods at the cashier.
Mark Medayski]]>
Fri, 02 Jan 2009 13:36:12 -0500 Gold I like very much for it's shine that's why I bought Rolex Daytona in yellow gold for 20,000$ but I would not be able to exchange my watch even for a 10$ bill at Wal Mart at the cashier.
Or imagine how you pay with 1 ounce gold bar for goods at the cashier.
Mark Medayski]]>
One Year Analysis of Lumber Prices vs. Timber ETFs http://seekingalpha.com/article/111585-one-year-analysis-of-lumber-prices-vs-timber-etfs?source=feed#comment-344355 344355 Fri, 02 Jan 2009 13:28:25 -0500 Have Commodity Prices Reached a Bottom Yet? http://seekingalpha.com/article/112779-have-commodity-prices-reached-a-bottom-yet?source=feed#comment-344351 344351 If Gold was 1030$ why it can't be 200$ ?]]> Fri, 02 Jan 2009 13:24:34 -0500 If Gold was 1030$ why it can't be 200$ ?]]> Looking at the Market Through Slightly Bullish Lenses http://seekingalpha.com/article/112941-looking-at-the-market-through-slightly-bullish-lenses?source=feed#comment-344347 344347 Fri, 02 Jan 2009 13:20:37 -0500 Turning Nothing Into Something http://seekingalpha.com/article/112909-turning-nothing-into-something?source=feed#comment-344339 344339 Fri, 02 Jan 2009 13:12:14 -0500