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eagle1003

eagle1003
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  • Near-Term Challenges To Continue For Coal [View article]
    Anytime a stock goes from above $100 to 50 cents, there is something seriously wrong. I am concerned that the most of the coal companies may take the easy way out and declare bankruptcy. The share holders, creditors and suppliers are get screwed while the CEOs and executives get to keep their jobs and it's back to business.
    Jun 29, 2015. 11:16 PM | Likes Like |Link to Comment
  • Natural Gas - Conditions Are Weakening, Get Ready To Pounce [View article]
    Just to clarify, UGAZ is not "thinly traded". Today, it was the seventh highest volume ETF.
    Jun 29, 2015. 10:40 PM | Likes Like |Link to Comment
  • The Supreme Court And Coal [View article]
    What is holding Walter back from declaring Chapter 11 immediately? The CEO and his executives will get to keep their jobs so what is the delay?
    Jun 29, 2015. 10:36 PM | Likes Like |Link to Comment
  • Extreme Gold/Silver Futures Shorting Portends Big Rallies [View article]
    Upon close examination it is apparent that the number of shorts increases as the price drops. That's to be expected. At some point, there is a price reversal and a short covering rally commences. Unfortunately, that doesn't mean a rally is going to start from today's price, just because there is a high level of shorts in play. It could but it may drag out until gold has dropped further. Conceivably, over the next few weeks, the price could be $200 lower with a rally then starting from that point. (that is not what I am expecting, just a possible scenario)

    I love the author's enthusiasm but the COT data doesn't give us a time frame nor a definitive entry point. There is absolutely no way of knowing when the short covering rally will commence and at what price. Only the big short sellers have the info on what they have planned and they never share. Short covering rallies tend to ignite only after a nasty sell off that has been accompanied by plenty of analyst negativity.
    Jun 27, 2015. 09:51 PM | 3 Likes Like |Link to Comment
  • Strong Withdrawals From Mainland And Hong Kong Gold Vaults [View article]
    Gold goes up and down as a function of supply and demand. Withdrawals from a warehouse (of gold that has been dug out of the ground and been already bought and paid for) do not enter into that equation.

    The COMEX inventories have proven to be equally useless as being a predictor of where gold prices are headed. The same applies to silver. However, the withdrawal numbers do serve the purpose of providing gold bulls with something to fret over
    Jun 24, 2015. 10:51 AM | 1 Like Like |Link to Comment
  • Precious Metals - Open Interest, Divergences And Options Portend A Move [View article]
    Interesting article that offers an important perspective. Gold has remained relatively expensive despite concerted efforts by the FED and other central banks to drag it down. I suspect that we are about to find out why.
    Jun 22, 2015. 09:19 AM | Likes Like |Link to Comment
  • Barrick And Newmont May Strike Up Merger Talks Again If Gold Prices Continue To Fall [View article]
    Are the two companies actively engaged in merger talks or is this article just about an author who is speculating?

    The author, like many other SA authors, demonstrates a negative bias towards gold with statements such as: "as the price of gold continues to fall" and " if prices fall farther" In fact, gold has not made a new low in seven months.
    Jun 21, 2015. 12:05 PM | Likes Like |Link to Comment
  • Consumer Price Inflation Still Running Almost 2% [View article]
    Articles like this play right into the government's lie that inflation is low when anyone who has to buy the necessities of life know different. Author's who help to perpetuate the lie should be shamed for 'helping' out a government with it's massive con job.

    The true cost of living is well reflected by the Chapwood Index, which tracks a basket of 500 items most frequently purchased by an average family. It includes utility costs. The true inflation rate is over 10%, more than five times the 'official' rate. Sounds about right. (http://bit.ly/1rnlhO6)

    Unlike the government supplied garbage statistics, the creators of the Chapwood index do not allow any fudging of the real numbers.
    Jun 20, 2015. 11:11 AM | 6 Likes Like |Link to Comment
  • Gold - Building Cause To Go Lower [View article]
    Low volatility does not automatically mean that gold must go down. The focus on gold coin sales is puzzling given that coin sales are hardly a blip in overall demand.
    It is interesting at how the author chooses to ignore the seasonality factor. The months (late) June to July have frequently proven to be the best time to buy gold, not sell it! I think I will hang on to my gold assets.
    Jun 15, 2015. 01:32 PM | 1 Like Like |Link to Comment
  • Petroamerica Oil Is A Steal No Matter How You Slice It [View article]
    Thanks for the response. Do you expect reverse share split to occur in the near future?
    Jun 11, 2015. 01:41 AM | Likes Like |Link to Comment
  • Petroamerica Oil Is A Steal No Matter How You Slice It [View article]
    I am intrigued by PetroAmerica but remain concerned with the rapid increase in the number of outstanding shares over the last several quarters. The dilution seems to be ongoing with the latest reported quarter showing an additional 9% increase in outstanding shares. The share float is currently massive at 850 million. Perhaps the author would care to comment on the on going and intense shareholder dilution?
    Jun 10, 2015. 09:28 AM | 7 Likes Like |Link to Comment
  • Media Failure On Russia's Official Gold Reserves [View article]
    Good detective work.
    Jun 6, 2015. 09:17 AM | 2 Likes Like |Link to Comment
  • Is The Gold Demand/Supply Balance Crunch Already Here? [View article]
    What has the 'soaring' Chindia cumulative demand done for gold's US dollar price for the past 4 years? Just asking.
    Jun 3, 2015. 02:41 PM | 1 Like Like |Link to Comment
  • Natural Gas - Failure Is Always An Option [View article]
    Jim: Yes, shorting is always better but shorting isn't as simple as it sounds. All to often, the brokerage firm will call back your shorted shares just when you start to make money on the trade. It seems that they always nail the small trader while leaving the bigger shorters alone. That has been my experience.
    Jun 2, 2015. 11:43 AM | Likes Like |Link to Comment
  • Gold Looks Awful - In 2015 That Means Buy [View article]
    Gold's monthly chart looks promising to me. Patience, grasshoppers.
    Jun 2, 2015. 02:49 AM | 2 Likes Like |Link to Comment
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