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  • Will The 'Green Economy' Trigger The Next Global Financial Crisis? [View article]
    Excellent article, well done!
    Mar 17 02:38 PM | 3 Likes Like |Link to Comment
  • GM sued for $6-10B over faulty ignition switches [View news story]
    American style litigation has gone a long way in preventing foreign enterprises from setting up shop in the US. That's too bad because the resulting competition would benefit consumers and provide jobs in America as a bonus. Unfortunately, the American legal system is also doing an excellent job of crippling home grown American business with the outrageous court ordered penalties for the inevitable failures to be perfect.

    American entrepreneurs haven't got a chance against the blood sucking lawyers who will not hesitate to bankrupt their young business with lawsuits that can cost millions. American law firms are among the richest in the world thanks to a legal system that is designed to enrich them.

    This farce is not going to end until the American people wise up and stop electing lawyers as their leaders.
    Mar 16 01:02 PM | 4 Likes Like |Link to Comment
  • Hulbert: Corporate insiders are dumping stocks at 25-year highs [View news story]
    High levels of insider selling should never be discounted, particularly when the selling is concentrated in specific sectors or industries. Such selling is very telling when the CFO or CEO are selling shares they own personally. Director activity is less important as is the selling of shares that have been immediately acquired via options.
    Mar 15 06:14 PM | 1 Like Like |Link to Comment
  • Caledonia Mining Is Too Cheap To Ignore [View article]
    I held this one for a while but could not see a a bright future in terms of capital appreciation and a huge possibility of a total loss. Sleep better without it in my portfolio.
    Mar 15 11:45 AM | 2 Likes Like |Link to Comment
  • Gold And Euro Soar On Escalating Ukraine Moves [View article]
    It is always a concern when gold is going up because of some specific world event. Such rallies tend to be short lived. I would much prefer to see gold moving up for no apparent reason in which case one could be long with some confidence. As it is, I am currently in a wait and see mode with no gold related positions.
    Mar 12 06:28 PM | 1 Like Like |Link to Comment
  • Evidence Is Piling Up That The Market Is In For A Downturn [View article]
    It is quite possible that we have witnessed the top, without fanfare. The market is running on fumes and it's just a matter of time before it morphs into a big correction. I remain heavily short except for coal stocks.
    Mar 12 04:26 PM | 2 Likes Like |Link to Comment
  • The Message Of Gold Versus Inflation Indexed Bonds: A Conflict [View article]
    IGDICK: Don't be such a dick. One man's opinion is worth reading over those who don't have one.
    Mar 11 04:24 PM | 5 Likes Like |Link to Comment
  • Is Natural Gas Heading Towards $4? [View article]
    I was hoping we would see much lower numbers this week but it's looking like NG is is going to move up from here. Buying moderately at the 4.65 level.
    Mar 10 04:37 PM | Likes Like |Link to Comment
  • Are Investors Starting To Shift To A Defensive Posture? [View article]
    The declining trading volumes of the market as it continues it's relentless ascent can only mean one thing: the public is not interested in the market and there is definitely no rush to get in. Those who drove the markets in the past, now baby boomers, could care less about reasonable PE ratios and nothing will entice them to invest their retirement money into a market that is now widely perceived to be a casino that is driven by the unfettered greed of big money, algos, and corrupt investment banks. Government regulations have been gutted and regulators are nothing more than pests who occasionally levy fines that have become part of the cost of doing business.

    When the big boys come to the realization that the public is not coming back in big numbers for yet another fleecing and that they only have one another to prey upon in the stock market game of musical chairs, things will almost certainly get very ugly.
    Mar 8 12:08 PM | 4 Likes Like |Link to Comment
  • Excess Reserves: The Elephant In The Room The Fed Doesn't Want To Talk About [View article]
    Should we believe that the trillions of money that the FED has pumped into banking reserves have been sitting idle, accomplishing nothing in terms of inflating asset values (stocks)? If that were the case, then the entire QE exercise was nothing more than a show put on by the FED as well as the BOJ and other central banks. Are the FED members complete fools? That is doubtful.

    Far more believable is that the banks had the means that allowed them to monetize the excess reserves via massive stock market purchases. U.S banks as well as central banks wordwide have been buying up stocks in a big way since bond yields collapsed years back. Here is a good news story that describes what has been happening:

    Pension funds have been direct beneficiaries of higher stock valuations and so have the millions of their client retirees who were facing dramatic cuts in pension payments after the 08 crash. Indirectly, the QE exercise has benefited the working class retirees who were facing disaster thanks to grossly underfunded pension plans. QE has been far more than a get rich scheme exclusively for the wealthy.

    The big unknown now is how will the FED drain excess reserves and how will the banks view their stock holdings once interest rates begin to rise beyond the point where returns on bonds once again exceed the returns of the stock market.
    Mar 8 10:21 AM | 3 Likes Like |Link to Comment
  • This Time It Is Different - Americans Are More Pessimistic [View article]
    In my opinion, Atwater's conclusions make far more sense than the those of this author. The baby boomers are no longer interested in gambling with their retirement funds and want out, not into the markets. The next generation of investors are broke from having to raise their expensive offspring and won't have the excess cash to put into the markets for several years, if ever. Educating the brats will keep most of them underwater until they are wore out from working. (Isn't the 'Cash for an Education' a wonderful business model? Let's keep everyone in debt till they die. Some of those silly Europeans still provide free secondary education.)

    So who does that leave to keep pumping the markets? The banks, of course! It is the banks armed with QE money that has driven stocks to their current lofty levels and it would be a stretch to believe that they are going to continue to drive up the market indefinitely while waiting for the next generation of suckers to step up to the plate. At some point the dam is going to burst and we will be into a relentless bear market.

    Yes, the market could conceivably rise for some time yet but it would be wise to be very careful and not get too enthused about betting the farm on this casino. The time for that was two, three, four and five years ago, not now.
    Mar 7 07:42 PM | 15 Likes Like |Link to Comment
  • Natural Gas Tries To Form A Bottom [View article]
    After closer chart study, I had to lower my target numbers. Sorry for any confusion.
    Mar 6 06:48 PM | Likes Like |Link to Comment
  • Russia Forex Selling Highlights Monetary Policy Risk To Gold [View article]
    Robert may be correct. Gold bought by the central banks can not be counted upon to be gold that will never again be put up for sale. That just isn't how it works. They don't see it as a profit/loss situation as an investor does.

    I don't have a clue where gold is going to be six months from now but it's looking toppy and may sell off hard in the near future. As of today, I have completely sold out of all gold related positions. The easy money has been made on the oversold gold stocks, very few of which are showing clear signs of a lasting reversal.
    Mar 6 06:44 PM | Likes Like |Link to Comment
  • Natural Gas Tries To Form A Bottom [View article]
    I can't get enthused about getting long until we see sub $4.20 numbers. Below 3.90 would be a 'back up the truck' event.
    Mar 6 06:13 PM | Likes Like |Link to Comment
  • Natural Gas Tries To Form A Bottom [View article]
    I am looking for sub $4.40 before getting long. $4.00 be a 'back up the truck 'event.
    Mar 6 06:09 PM | Likes Like |Link to Comment