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eagle1003

eagle1003
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  • Over The Long-Term You Cannot Bet Against China Because The Chinese Are Too Smart [View article]
    A higher population means a greater number of those that score at the genius levels. It is those people that are 'harnessed' by business to invent shit that can be used to advance the lot of mankind. But, unfortunately, as those with IQs in the 75 range become an ever greater percentage of country's population, due to their unrestrained reproductive tenancies , things start going south as the social programs to support the those idiots gradually bankrupts the nation. Don't think for a second that the elite don't understand this. The solution proposed by the elite to address the problem would be viewed by most as being too radical.
    Jan 7, 2015. 01:46 PM | 1 Like Like |Link to Comment
  • Over The Long-Term You Cannot Bet Against China Because The Chinese Are Too Smart [View article]
    If average Q has a influence on a countries economic progress, the US is in big trouble.
    Jan 7, 2015. 12:46 PM | 4 Likes Like |Link to Comment
  • Advantage Oil & Gas: Great Candidate For Natural Gas Investors [View article]
    I have been watching Advantage and I think it's a great play if natural gas prices recover above the $4 mark. The paying down of some of their debt is certainly noteworthy. That said, natural gas pricing is looking pretty shaky right now and there may be a lot more pain in store for NG only producers like Advantage, particularly if the next few months are abnormally warm and further hedging cannot be done at a reasonable price.
    Jan 7, 2015. 12:07 AM | Likes Like |Link to Comment
  • Rally In Gold Continues, But For How Long? [View article]
    The rising dollar is diverting attention away from gold's underlying strength. While American investors dither, waiting for that "one more bottom" that so many SA contributors are calling for, the rest of the world is watching gold rise up in brisk fashion and with excellent chart action in what ever currency one can think of.

    The miners have also offered a clue as to what is coming by outperforming gold, by a wide margin, notably, during the in past week. Maybe we should be paying closer attention to what is the price action is telling us and less attention to the nay-sayers who think the rally can't last long.

    The author did present some COT reports to support his bearish case but let's not forget that unlike pork bellies, gold is traded around the world and on several other exchanges besides the COMEX. Unless the numbers are at very extreme values, the COT reports are of little consequence as the COMEX loses its relevance to the eastern exchanges that refuse to play the 'paper' gold scam.

    The smart money has been buying stocks, real estate and even farmland in an attempt turn cash into something that will remain valuable when things start coming apart during the next few years. Now it's gold's turn. When gold finally does break out, it will probably be a 'shock and awe' fashion that stuns the average investor into a paralysis while watching gold leap beyond reach. I am talking about the possibility of 100 dollar a day moves. The FED and it's fellow central banks are eventually going to lose their war on gold and the naked short selling will stop as the demand for the real gold accelerates.

    At the very least, I expect we will see gold testing it's all time highs before the end of 2015. All those who have been waiting so long for the right time to dive in, will be left in the dust. I don't intend be one of them.
    Jan 6, 2015. 11:36 PM | 11 Likes Like |Link to Comment
  • The Break Point For Oil Companies [View article]
    As they say, the cure for low prices is low prices. It isn't going to take much of a drop in supply to send crude oil prices back up. I doubt that we will have to wait for years to see $100 an barrel again, maybe even within one year.

    Demographics are no doubt playing a part in the drop in demand by those living in the West but it is the demographics of the East that will eventually determine the price of energy as their middle class becomes more mobile and wealthy.

    We can live without gold and silver, but without oil to power our industry and agriculture sectors, we are all screwed, unless, of course, someone has developed a working cold fusion source of energy.
    Jan 6, 2015. 08:02 PM | 1 Like Like |Link to Comment
  • 10 Remarkable Gold And Silver Trends Going Into 2015 [View article]
    This author has done a good job of bring together several conditions that are relevant to the direction of the precious metals markets. Nice work.
    Jan 6, 2015. 07:50 PM | 1 Like Like |Link to Comment
  • Gold In 2015 - When The Russian Empire Strikes Back [View article]
    John: Absolutely. Anyone with an unlimited supply of freshly minted cash can drive down or prevent any commodity from rising when ever naked short selling is permitted, that is, so long as buyers are content with 'on paper' ownership rather than taking actual delivery (as in gold and the COMEX). The CME group, owners of the COMEX, offers special volume discounts to the Central banks. Read this: http://bit.ly/ZM4fTO. It is all explained quite well in the following article: http://bit.ly/1tqteVf

    Sorta sounds like a rigged game, doesn't it?
    Jan 1, 2015. 12:57 AM | 4 Likes Like |Link to Comment
  • GLD: What Will It Take To Resurrect The Gold Bull Market? [View article]
    I would like to see an article on how much it costs to produce paper gold and what limit supply limits there may be for such 'gold'.
    Dec 31, 2014. 11:55 AM | 8 Likes Like |Link to Comment
  • Why I'm A Bearish Gold Bug [View article]
    Excellent article! Well put concerning the way gold prices are controlled via the paper ETF's. Every time one of us plays gold by buying a gold ETF instead of physical gold, we are playing right into the hands of those who don't want to see gold rise. (the 'protectors' of fiat currency)

    The CME doesn't offer huge trading discounts to central banks without good reason and wouldn't do so if there were no demand from the central banks. It is the central banks that use short selling, in an unlimited fashion, to crush any exuberant demand for paper gold and guess what, it works! Mean while, the smart money buys physical gold at prices far below what they should be while dumb investors continue to pour money into the paper market where conversion to real gold is made difficult or, in some cases, impossible.

    As the author points out, the disparity between paper prices and physical is what we need to watch. A real breakout for gold will undoubtedly be accompanied by a rapid and substantial increase in the premium. Hopefully as the disparity grows ever larger, the paper ETFs will be exposed for the scam that they are.
    Dec 30, 2014. 07:18 PM | 1 Like Like |Link to Comment
  • Will 2015 Be The Turning Point For Metals? [View article]
    The declining metals and other commodity prices may be telling us something about the the state of the 'recovery' that the media has been yapping about.
    Dec 30, 2014. 07:05 PM | 1 Like Like |Link to Comment
  • GDX - The Way To Play Gold In 2015 [View article]
    Markos: Your advice to play gold via GDX rather than by way of individual miners, is sound. If gold continues it's slide during 2015, and that is quite possible, there will be bankruptcies and buyouts at dirt cheap prices, An investor could suffer serious losses. GDX, being an ETF, will never go bankrupt.

    I remain long gold and short the S&P. Being short the S&P has been painful but a significant correction of several weeks duration is in the cards.
    Dec 28, 2014. 05:13 PM | 1 Like Like |Link to Comment
  • Tough Year Lies Ahead For The U.S. Coal Industry [View article]
    The coal stocks are a crap shoot. Some of the bigger players aren't going to make it.
    Dec 28, 2014. 11:13 AM | 2 Likes Like |Link to Comment
  • Still No Reason To Buy The Dip In Natural Gas [View article]
    I live in western Canada and it is balmy for this time of year. A warm December has crushed any chance of a spike in prices. The shorts got lucky. If January is also abnormally warm, $2.50, or lower, is almost a certainty. I am waiting until mid to late January before looking at the long side.
    Dec 27, 2014. 05:55 PM | Likes Like |Link to Comment
  • The Oil Price Crisis: What Is The Economic Cost To The U.S.? [View article]
    Falling gasoline prices are not what most people would call a "crisis". If this is what deflation is all about, let's have more of it!
    Dec 27, 2014. 05:39 PM | 7 Likes Like |Link to Comment
  • 2014's Trash Could Be 2015's Treasure [View article]
    Eric, good article. Would you care to venture into uncharted waters and tell us what sectors you see as the big performers for 2015?
    Dec 27, 2014. 11:04 AM | 3 Likes Like |Link to Comment
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