Seeking Alpha

HardKnox » Comments |

Sort by:
Latest | Highest rated
  • Jobless Recovery: Fasten Your Seatbelts [View article]
    I hope the author does not believe that history will replicate itself based exactly on prior recessions. Maybe by recovery, what is meant is that the stock market will price in 24 months of gamblers addiction growth into market prices. Don't be so political, having your own agenda and not looking at the current reality. That is feeble minded politics, and this site should not be. Thank you for breaking down unemployment in a couple prior recessions for us, but please consider more factors. I agree with someone else's post that a better indicator may be indicators from foreign reports as our market has become extremely and at some times perfectly correlated with foreign markets.

    Hurricane season anyone?
    Aug 09 22:17 pm |Rating: 0 0 |Link to Comment
  • The Crude Oil Collapse Is Coming [View article]
    I liked your article. However, I don't necessarily agree that people will learn there lesson about spending or steroid business growth. I haven't exactly researched it to say that people are not saving, but I don't believe they are saving for the long term or even because they are responsible, only that they are scared about something might happen that is so over their head they can't even understand.

    Greedy people talk about green shoots even though, they know there are none, and then rip the rugs out from individual investors....who gets hurt in a financial market collapse???? Mutual funds and hedge funds? hahaha yeah I bet C and GS are wallowing in a river of sadness. Only one thing gets learned from crises like this: big biz gaming the system becomes a finer art, but Joe is just a schmo.
    Jul 21 19:24 pm |Rating: +3 -2 |Link to Comment
  • Coal Stocks: The Real Economic Indicator  [View article]
    "Many would have you believe that the most important commodity in the world is oil. There is no denying that crude is vitally important to understanding what is happening in the world economy."

    Actually in today's malnourished world, corn probably is the most important as high fructose corn syrup is a main ingredient in many foods. However, oil is damn important. It would be hard to argue any one commodity is or is not the most important, because they all support each other. But, crude is so incredibly important because it is the lifeblood of the world economy. It is the fuel and grease of economies. To mine coal, harvest corn, refine crude, print dollars, get to work, acquire crude, we require crude!

    The one main and most important thing you left out of your article is that...the dollar has gotten crushed in the past year and rallied in the past 4 months.

    DJKNOX
    Jul 21 18:50 pm |Rating: +1 0 |Link to Comment
  • Ridiculous Attack on Oil Speculators [View article]
    gotcha, thanks for all the insight
    Jul 09 16:35 pm |Rating: 0 0 |Link to Comment
  • Ridiculous Attack on Oil Speculators [View article]
    Hmmmm... I have been following oil for the past year and a half now. I am 22 and I highly disagree with you. Yes commodities generally track currencies, however this is not the only price determinant of commodities. Obviously in the case of oil, supply and demand does not fall in this category... Recently oil has fallen about 15% in the 9 days or so. I don't recall the dollar in a miraculous rally recently.

    I also agree with RJM on your producer logic. If Producers expect prices to go up, obviously to your logic, means they expect the dollar to depreciate, they would have production at their maximum utilization. I'm assuming that you do believe that speculators can jack up the price since you assumed if they cut supply, they could artificially increase the price. I fail to understand why you talked about producers in that sense. What producers could do is play the futures game and speculate it up.

    Also, I don't understand your overall stance. I think you do believe that speculators can affect prices, but you are just saying the government is over regulating.
    Jul 09 08:13 am |Rating: +2 -2 |Link to Comment
  • Big Banks in Trouble: Huge Mortgage Write-Downs Seem Inevitable [View article]
    Who does not buy a house as an investment??(people who can't afford one....) and the first comment saying all the people who were only buying houses to resell them are wiped out... there is a whole new wave of these types of people buying up "cheap" houses, hoping to resell them: market efficiencies and gambling
    Jun 28 16:26 pm |Rating: 0 0 |Link to Comment
Comments by Ticker
HardKnox's
Comments Stats
6 comments
Rating: 2 (6 - 4 )