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  • Sirius XM: $3.59 And Rocking - Time To Run?  [View article]
    Thanks Stephen for your always awesome coverage of SIRI
    Today, @$3.59, SIRI becomes my first 10-bagger since entering the stock market in 2009. sometimes ya just get lucky...

    May 15, 2013. 01:37 PM | Likes Like |Link to Comment
  • How To Reduce (Or Eliminate) Taxes On Annaly's Dividends  [View article]
    Short term capitol gains are taxed as ordinary income. its a wash unless you have those cap losses... and those losses are what needs to be addressed
    Apr 25, 2013. 06:20 PM | 1 Like Like |Link to Comment
  • Annaly Capital Could Be A Very Risky Investment Now - Stay Away  [View article]
    RS, what is the posibility that the management teams @nly and agnc and etc can outmanuver the fed over time given that the fed (dumb bully) has stumbled into their playground of many years..
    Ive never known our government agencys to be adept at doing anything well except at breaking things and killing people and even that, they do at increasing cost and ineffiency.
    Given that they are 4 years behind the curve in realizing where they should have STARTED their bailouts (RE markets) how bright are they?
    Always enjoy your articles, just dont always learn as I should.
    Nov 19, 2012. 11:47 AM | Likes Like |Link to Comment
  • Annaly: Brilliant Or Desperate? Time Will Tell  [View article]
    Today Just looked like capitulation to me so I added 20% to my NLY holdings this AM....I'm just even money since starting with Mreits last Jan with the divis and would have been better trading this 6 weeks ago but am trying to build a long term position...I'm odd man out here from the postings I see. Hope you can wish me (good) luck!
    Nov 13, 2012. 01:58 PM | Likes Like |Link to Comment
  • Speculating Bernanke has taken the lead in exit polls, ZH notes gold has gone vertical in the past few minutes (chart). GLD +2%. SLV +3.1%. Oil is on the move as well, USO +2.6%[View news story]
    There has been an interesting strong negative correlation over the last 5 weeks between the price of gold and related securities vs Romney's popularity surge since the debates... Maybe today's action is the result of some early vote tabulations that don't look so good for his cause.
    Nov 6, 2012. 01:12 PM | Likes Like |Link to Comment
  • The Pause That Refreshes... Look For A Sharp Uptrend In Precious Metals  [View article]
    Given your tender age and the probability being high that as a student your mom is still buying and fixing your meals, you might not understand how understated price inflation has been (by purposful govt distorted cpi ) over the equivalent last 2 of your lifetimes and the distortion of gold pricing over the last 100 years also due to govt price fixing...
    I want to use bread and suits as examples of two items in the basket of goods not affected by technology advances as much as many things like energy production and housing construction are.
    100 years ago in 1912 you could buy a loaf of bread for 5 cents and its not uncommon now to pay $4 for a loaf of DECENT bread for a factor of 80X...approx same factor as gold in the time frame....
    in 1912, a $20 St Gaudens double eagle would buy you the finest hand maid suit in NYC. On that basis Gold has a lot of price appreciation to catch up with that suit.
    on a personal basis (which doesnt reflect general market conditions) the house my parents bought for $3500 in 1953, I sold for $646,000 in a down market last May....price factor 184X in my lifetime. (of course it had to be maintained and upgraded a little)
    When you finally get out into the real world, you may grow to understand that Gold is a long term inflation hedge that in many usefull examples may not be priced nearly high enough.
    In 99 years of fed reserve actions, they have destroyed something like 98.5% of the dollars value and the insane actions of the last 4 years have accelerated the demise.
    Run from academia as fast as you can and good luck to you.
    I worry for your unborn children...
    Oct 29, 2012. 12:04 PM | 9 Likes Like |Link to Comment
  • Retirement Strategy: A Market Sell-Off Is A Buying Opportunity  [View article]
    RS, I know you disagree because of your recent articles but I am using the 10% pullback in NLY ( yield greater than 13%) to add a couple more thousand shares yesterday and today.
    My strategy with the mReits is as follows:
    In lieu of PAYING OFF mortgages, I am refinancing @ <3.5% and investing the "payoff money" in mReits @ 12-14% yield therby paying the P&I (paying off the properties) and currently enjoying the 10% spred. Please tell me why not to do this....
    I follow and love your articles!
    Oct 11, 2012. 03:21 PM | 1 Like Like |Link to Comment
  • Are Annaly Capital And mREITs Right For Seniors?  [View article]
    Markos, you stated
    "If the dividend yields of the mortgage REITs were risk free, they would measure closer to that of Treasury Bills."
    So maybe you should use a different example as anyone holding t-bills is guaranteed a 1 to 2% loss on their capitol due to current low but understated and rising inflation...
    Now, that IS risky.
    Look forward to your next article.
    Sep 5, 2012. 02:51 PM | Likes Like |Link to Comment
  • Your Window To Buy Gold Below $1,700 Is Closing  [View article]
    DtR, you stated "I just cannot understand why gold bulls cannot realize that their whole premise for gold is based on buying gold high to sell higher. "
    Basically, PM buyers are "selling dollars low in anticipation of them going much lower" as they have lost 95% of their purchasing power over the last 100 years while PM holders are way ahead in purchasing power.
    The dollar purchasing power has declined parabolicly in my lifetime and the events of the last 5 years will only add to that decline.
    Possible events removing the dollar from it's 60 year "world reserve currency status" are afoot as some economys start and continue to undermine the petrodollar thru direct trading among themselves. The dollar may become irrelevant. In the mean time, it is still the "biggest and best house" in a ghetto of fiat currencies.
    Possibly the only thing really holding "gold" back is the extremely crappy shape of the global economic condition...
    Sep 3, 2012. 12:17 PM | 2 Likes Like |Link to Comment
  • Gold And Silver Are On Their Last Legs ... For A While  [View article]
    Well, Chris, let's revisit this 8 days later..
    I was the fifth post on Ananthan's anylsis and yours was 7th
    does it begin to look like a breakout to you now?
    Aug 24, 2012. 05:54 PM | Likes Like |Link to Comment
  • Gold And Silver Are On Their Last Legs ... For A While  [View article]
    Hey Drew, I was going back and responding to the post by Chris Bersaw to my original Aug 15 post. Why it got placed as a response to you, I dont know???
    SA cant even put the posts in the right places LOL!
    They may mess this one up...
    Aug 24, 2012. 05:51 PM | Likes Like |Link to Comment
  • Bernanke Responds To Congressman's Tough QE Questions: Examining The Exchange  [View article]
    Great article-keep us posted with more.
    We got into trouble when the banks were bailed out and no proper strings were attached to the free taxpayer money...
    The banks, without a mandate to make business and home loans for a couple of percentage point spred (string attached) did what I and millions of other investors did in 2009, we bought the crashed market and we are where we are now.
    The general economy and "average homeowner and small business person" are linked and locked together until the lines of credit are loosened again. We are screwed when that money is rather placed by the banks in market speculation instead of back into the places where the "economy" can get better again.
    My $.02
    Aug 24, 2012. 05:20 PM | 8 Likes Like |Link to Comment
  • Gold And Silver Are On Their Last Legs ... For A While  [View article]
    Well, lets revisit this 8 days later..
    I was the fifth post on Ananthan's anylsis and yours was 7th
    does it look like a breakout to you now?
    Aug 24, 2012. 02:46 PM | Likes Like |Link to Comment
  • Impact Of Share Buyback On Sirius XM Debt Rating  [View article]
    Wow, just remember that anger and envy are killers.
    Good luck to you
    Aug 24, 2012. 01:49 PM | Likes Like |Link to Comment
  • Thus far, neither gold (GLD +2.1%) nor the gold miners (GDX +0.9%) seem worried about the possibility John Paulson may have to unload some of his funds' massive holdings to meet redemption requests (ZH: like cockroaches, once one appears, assume many, many more). It seems Citi is redeeming just as gold and the miners are gathering momentum. Bad timing?  [View news story]
    Well, I know what I would do if faced with the redemptions...
    Sell stocks at the top of their 4 year range and keep the gold which has been beat down the last year and is breaking out to the upside...
    Oh wait, that is what I did.
    Aug 23, 2012. 12:55 PM | 3 Likes Like |Link to Comment