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eagle1003

eagle1003
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  • The Case Of The Identical Job Numbers [View article]
    Kevin, I always enjoy your thoughtful analysis and well written articles. Thanks!
    Dec 7, 2013. 09:57 AM | 2 Likes Like |Link to Comment
  • Is Oil About To Follow Gold Down? This Chart Says It Will. [View article]
    This is an excellent article that explains the dramatic failure of gold and the author didn't use the word 'manipulation' even once. If he says the crude oil chart looks like trouble, I think it would be wise to heed the warning.
    Dec 6, 2013. 10:01 PM | 4 Likes Like |Link to Comment
  • Gold: Still Not Enough Demand For A Rally [View article]
    chris: I personally know people who took out a second mortgage to buy gold in the early 80's after it had dropped from $800 to $500. It was seen then as a sure thing to go to $1200 real quick. They finally got out several years later when gold dropped below $300 and needless to say, don't play the markets anymore.
    Dec 6, 2013. 12:37 PM | 3 Likes Like |Link to Comment
  • Beware: They Can Manipulate The BLS Data [View article]
    This article is purely speculative and not worthy of publication in SA. Anyone can make up conspiracy theories and this one is a whopper.
    Dec 5, 2013. 02:46 PM | 3 Likes Like |Link to Comment
  • A Look At Corporate Earnings Growth, Liquidity Traps And The Law Of Diminishing Returns [View article]
    Joseph: BTW, I am now short the overall market with the exception of coal and select gold mining stocks with a few dividend paying oil stocks. I believe a nasty correction is very probable in the near future with high flying sectors taking the biggest hit.
    Dec 5, 2013. 12:20 PM | 1 Like Like |Link to Comment
  • A Look At Corporate Earnings Growth, Liquidity Traps And The Law Of Diminishing Returns [View article]
    Joseph, by boosting stock values via QE, the FED has helped to ease one of the greatest developing crisis of our time and yet no one is talking about it. After the 2008 crash, almost all pension funds were in deep trouble. Severe cuts to pensions looked like the only solution and that would have been a disaster to the wave of baby boomers that are just beginning to exercise their option to receive a pension for their remaining years. Given that these same baby boomers are collectively the biggest force of consumer spending, a sledgehammer blow was about to hit the economy that would last for decades. Broke retirees do not make for a healthy economy. The FED's QE programs have gone a long way in boosting stock values and have returned some degree of solvency to the pension funds.

    Unfortunately, unless the funds get out of the stock market while stocks valuations are high (thereby leaving the banks to 'hold the bag'), the problem of insolvency will rear it's ugly head once again the next time we have a bear market and that occurrence is just a matter of time.
    Dec 5, 2013. 12:15 PM | Likes Like |Link to Comment
  • Gold: Still Not Enough Demand For A Rally [View article]
    The gold miners look like a compelling buy although we could see some more disappointing sell-offs that take GDX close to or slightly below it's recent lows. The miners are continuing to under perform gold itself and that is reason not too get to heavy into buying the gold miners just yet. Small positions are advisable.

    There is a better buy that looks like the lows are in. Is anyone paying attention to the coal miners? They have been quietly making a series of higher lows without attracting much attention. No one loves dirty coal anymore and yet the coal miner stocks are moving up in stealth mode. That's how big moves get started folks. My favorites are ANR and ACI. I don't trust JRCC management not to take the easy way out of it's ugly debt problem.(bankruptcy has become part of the American business model)
    Dec 5, 2013. 11:23 AM | 2 Likes Like |Link to Comment
  • Will Natural Gas Continue To Heat Up? [View article]
    The decline in supply is key to future pricing. Below normal temperatures for an extended period could send NG to the $5 range, very quickly. As a previous commentator pointed out, the investment options for NG are not favorable for long term investors. Those seeking long term exposure should try the ETF (FCG) , which is an unleveraged play on producer stocks. Unfortunately, if the stock market tanks, they will also suffer. One can do well with UNG or the leveraged UGAZ by playing the swings and not getting too greedy with profits.
    Dec 4, 2013. 02:21 PM | 1 Like Like |Link to Comment
  • Commodities Today: Oil And Natural Gas In Focus [View article]
    I will be adding to my long NG positions on any pullbacks. This party is far from over and should get interesting.
    Dec 4, 2013. 01:50 PM | Likes Like |Link to Comment
  • Commodities Today: Is Gold Entering Oversold Territory? [View article]
    Heratio : Two Canadian stocks: Imternational Tower Hill @.41 (ITH.TO) and Endeavour Mining (OTCQX:EDVMF) @ 0.53. Allied Nevada (ANV) is a steal at 3.05. All will do very well on a rally. Good Luck
    Dec 3, 2013. 10:51 AM | Likes Like |Link to Comment
  • Commodities Today: Is Gold Entering Oversold Territory? [View article]
    Interesting: "Those points just prove how you think". You must be way smarter than me because I don't know what you are talking about now. I believe gold is in a bear market and said so. Now, do you agree or disagree with that statement? Please keep it simple so those of us who are less gifted will understand and please refrain from name calling (clueless??) as that is contrary to your stated goal of being civil.

    You didn't say if you were going to follow my suggestion and buy some miners with your play money. Would you care for me to elaborate and tell you which ones are my picks or would that be considered 'cheating' ?
    Dec 2, 2013. 11:28 PM | 2 Likes Like |Link to Comment
  • Commodities Today: Is Gold Entering Oversold Territory? [View article]
    Interested: I have no desire to be playing pretend investing games with you and your buddies. I play with real money and have no difficulty telling it like it is rather than how some dreamers wish it should be. I am not angry in the slightest. Why would I be? I wasn't one of the unlucky misguided to have been buying gold during the past year. There is no need to pussy foot around with what is happening with gold. Any market that is down 36% from it's high and has not made a new high in the past 14 months is in a bear market by the standards of any professional investor and I can assure you that I am very professional and successful about investing in the markets.

    I am currently accumulating select gold miners for the inevitable bear market rally that should be strong enough to fool the majority into thinking the gold bull market is back in force. You might want to buy some with your play money. Good luck.
    Dec 2, 2013. 10:39 PM | 2 Likes Like |Link to Comment
  • Commodities Today: Is Gold Entering Oversold Territory? [View article]
    "We do not want to officially move to calling this a bear market at this point in time". You have got to be kidding. If the stock market was 36% off of its highs as gold is currently, would there be any doubt about calling it a bear market? The real question is when and where will gold be when the bear market is over.
    Dec 2, 2013. 01:40 PM | 3 Likes Like |Link to Comment
  • It's Always A Great Day To Buy Gold [View article]
    Saying that one should hold on to gold as it slides deeper into it's bear market because it is a store of value for the long term investor makes about as much sense as holding onto stocks throughout bear markets because someday they will recover. The same can be said for oil, wheat, natural gas and even pork bellies. It's just a lousy way to allocate one's capital.
    Dec 1, 2013. 11:19 AM | 4 Likes Like |Link to Comment
  • Weekly COMEX Gold Inventories: Slow Week For Activity But December Deliveries Approach [View article]
    Waiting for the December delivery date is like watching the finale on a long running TV series. With Comex inventories so low, surely the moment of truth is almost upon us and the Comex will default and gold is going to soar as a result. Am I getting that right?

    So, if the December delivery date comes and passes without an earth shaking event occurring in the gold markets, then what?
    Nov 30, 2013. 12:05 PM | Likes Like |Link to Comment
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