Jasper M

Jasper M
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  • The Silver Singularity Is Near  [View article]
    I'll take the under on that trade.(currently holding short silver)

    And Seraphim, if silver is going to depend, even in part, on solar, which in turn requires something the equivalent of something like $50+/barrel of oil replaced, then I think its future is not so rosy.
    Jan 28, 2012. 12:14 AM | 1 Like Like |Link to Comment
  • The Ongoing MF Global Disaster  [View article]
    One quibble. Karl: Futures actually date back to Medieval Japan. Rice; and for the same reasons.
    Dec 28, 2011. 05:32 PM | Likes Like |Link to Comment
  • More on Diamond Foods (DMND -18.6%): A Procter & Gamble (PG) spokesman says the company is still committed to completing the Pringles deal in the second half of its fiscal year (ends in June) ... though that still leaves room for the deal's terms to be changed. Deutsche thinks the deal has a 20% chance of collapsing, while RiverPoint Capital's Leon Lowensteine puts the odds at 50%. (previously)   [View news story]
    They pull them out of their highly trained, finely tuned rectums, same as any financial expert.
    (can I say "rectum"?)
    Nov 24, 2011. 01:43 AM | Likes Like |Link to Comment
  • Imagine A News Corp. With No Murdochs  [View article]
    Sounds like the lyrics from a John Lennon song.
    Oct 23, 2011. 06:34 PM | Likes Like |Link to Comment
  • Plug-In Vehicles: Weighed In The Balance, And Found Wanting  [View article]
    Re the horse, Touche'. Lovely mirroring of the metaphor. Can tell you are used to using words to convince people; you remind me of my own layer.

    Re Anonymous,
    First of all, those calling foul in Asia are sometimes threatened with bodily harm, so anonymity is certainly justifiable.
    Second, like a loyal but vicious dog, I have plans for them, so I forgive their Modus operandi.
    I figure, they hone their skills, and build credence, calling out the more obvious frauds in China (= dynamite fishing). Then, with 12+ of these scalps under their belt, they are Made Men . . . and they come acalling on the US banks. Just the announcement would move things.
    Sep 30, 2011. 03:07 AM | Likes Like |Link to Comment
  • The Upcoming Crash Of Apple And Amazon  [View article]
    Disclosure: I am already short both of these.

    I think the "0" case for Amazon might be a bit overstated, as companies Can smarten up under stress, but we'll see.

    But I suspect AAPL will go be even lower than his call, 6 years hence. In pursuit of their business model, customer service has gotten progressively worse, and for years, in a way I can only describe as "cultural". That's unlikely to change quickly.
    Sep 28, 2011. 11:12 PM | 2 Likes Like |Link to Comment
  • Plug-In Vehicles: Weighed In The Balance, And Found Wanting  [View article]
    Great article, John. But a part of me wants to intone . . .

    "Mr. Petersen, please step away from the Dead Horse!"

    Seriously, any who haven't figured it out by now, after all the simple reasoning and good date you and others have presented, are just In The Grip of that mythology. You Can't convince them - 100 years from now, there will be remnant cults of them. So rest yourself, John; they cannot be saved.
    But I look forward to Anonymous Analytics getting around to some of these firms in a year or so.
    Sep 28, 2011. 03:23 AM | 1 Like Like |Link to Comment
  • There Will Be No European Liquidity Crisis (Part 1)  [View article]
    Did a little spit take in my mouth, when I read the title.

    All I can say is, I'll take the 'under' on that trade.

    Disclosure: I am long $US, short Euro.
    Sep 28, 2011. 02:58 AM | Likes Like |Link to Comment
  • Groupon's Revenue Half What It Originally Stated  [View article]
    nnnnoo! REAlly? Groupon?
    Sep 24, 2011. 09:33 PM | 1 Like Like |Link to Comment
  • Chinese Banks Are Imitating Washington Mutual  [View article]
    . . . .and they have a slightly higher mean standard of living.
    Or Do they?
    Sep 18, 2011. 10:18 PM | Likes Like |Link to Comment
  • Why Bother Trying To Value Bank Of America?  [View article]
    GREAT article!
    Sep 18, 2011. 12:51 PM | 1 Like Like |Link to Comment
  • Blue chips such as Microsoft (MSFT), Mellon Bank (BK), CVS, and Exxon (XOM) - "world-dominating ... well-financed and adaptive" - are catching the eye of Jim Grant, but Treasuries aren't. "People are flying for safety into a class of security denominated in the very paper money that others are flying from ... Somebody has not gotten the memo."   [View news story]
    …and, given the recent sudden spike in the $US, that someone is Jim Grant!
    As is so often the case, the opinion is a snapshot of a trend that is over. The fact that most debts are denominated in dollars ensured it strength (probably inconvenient strength) for some time, now that things have gone south.
    "Leper with the most fingers" . . .
    Sep 18, 2011. 12:30 PM | Likes Like |Link to Comment
  • How's Netflix Long Working Out For You?  [View article]
    (*sigh*) Only in the investment world is an early warning considered a failure to perform.
    I Never enter a short with less than a two year time horizon,and Never without a capacious margin. I would not have found his position of Netflix false. I would have counted his earlier opinion as a "do not buy, short on especially damning technicals". Which is sorta what I did.

    Disclosure: Holding LEAP puts in Netflix, now Deeep in the green.
    Sep 16, 2011. 06:48 PM | Likes Like |Link to Comment
  • Researchers Prove The Law Of Diminishing Marginal Utility In Electric Drive Technology  [View article]
    Poor Gaiist battery worshipers – they are like angry dogs, whom Le Petersen taunts from outside the range of the unbreakable leashes of their inherent technical limitations.
    I almost feel sorry for them. Almost.
    Sep 14, 2011. 09:33 PM | 5 Likes Like |Link to Comment
  • Deflation Is Here  [View article]
    You seem to be proceeding from the notion that the Fed can resist/prevent deflation. They can't. Not with this kind of debt overhang. Their own success at credit creation is dooming them to failure, as all that credit can destroy itself (through default) as fast as they make new credit.
    The Fed may jump in out, and all about, but they will fail. As they did with QE 2 (now totally retraced)
    And they demonstrably are losing their stomach for trying. QE twist is a weak sister of their last failure, more of cheerleading. And between being harangued by their personal bette noir, congressman Paul (now with subcommittee chairman authority), and accused of treason by Perry, is it a surprise?
    Sep 12, 2011. 02:53 AM | 11 Likes Like |Link to Comment