cheapybob's Comments cheapybob's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/44335/comments Another Crisis Looms Right Around the Corner http://seekingalpha.com/article/175060-another-crisis-looms-right-around-the-corner?source=feed#comment-777028 777028 Wed, 25 Nov 2009 09:53:13 -0500 Roubini Hates Gold: Is He Wrong Again? http://seekingalpha.com/article/168632-roubini-hates-gold-is-he-wrong-again?source=feed#comment-729017 729017 Sun, 25 Oct 2009 08:24:44 -0400 The Dollar as a Reserve Currency http://seekingalpha.com/article/168431-the-dollar-as-a-reserve-currency?source=feed#comment-726728 726728 Fri, 23 Oct 2009 08:36:48 -0400 What Does ETF Money Flow Tell Us About Gold? http://seekingalpha.com/article/142903-what-does-etf-money-flow-tell-us-about-gold?source=feed#comment-545435 545435
I the words of Will Rogers: "I'm not worried about the return ON my investment, I'm worried about the return OF my investment." Returning debased and devalued paper even with interest, isn't a return in my book.]]>
Sat, 13 Jun 2009 16:45:21 -0400
I the words of Will Rogers: "I'm not worried about the return ON my investment, I'm worried about the return OF my investment." Returning debased and devalued paper even with interest, isn't a return in my book.]]>
Obama's Economic Ideas Don't Address the Problem - And the Market Drops http://seekingalpha.com/article/115690-obama-s-economic-ideas-don-t-address-the-problem-and-the-market-drops?source=feed#comment-363256 363256 Thu, 22 Jan 2009 14:17:48 -0500 Buffett's Import Certificates Plan Could Pilot the Economy to a Safe Landing http://seekingalpha.com/article/115278-buffett-s-import-certificates-plan-could-pilot-the-economy-to-a-safe-landing?source=feed#comment-360256 360256
A lower standard of living for the future has already been guaranteed by America's borrowing. The bigger the debt is allowed to become, the worse the fall will eventually be, and the longer the idiocy is allowed to persist, the bigger that debt gets.

Face it folks, we don't "trade" much, we just buy stuff with IOU's to PLUTO and beyond.]]>
Mon, 19 Jan 2009 17:31:44 -0500
A lower standard of living for the future has already been guaranteed by America's borrowing. The bigger the debt is allowed to become, the worse the fall will eventually be, and the longer the idiocy is allowed to persist, the bigger that debt gets.

Face it folks, we don't "trade" much, we just buy stuff with IOU's to PLUTO and beyond.]]>
Buffett's Import Certificates Plan Could Pilot the Economy to a Safe Landing http://seekingalpha.com/article/115278-buffett-s-import-certificates-plan-could-pilot-the-economy-to-a-safe-landing?source=feed#comment-359964 359964
Buffet's plan is good because it lets the free market decide what imports are really needed, penalizes imports without tariffs instead of debasing/devaluing the dollar, and provides incentives to production and export of American made goods. The alternative is surely a complete collapse of the dollar, but as always, its a question of when. Without eliminating the trade deficit, I think we will soon find out WHEN.]]>
Mon, 19 Jan 2009 12:28:08 -0500
Buffet's plan is good because it lets the free market decide what imports are really needed, penalizes imports without tariffs instead of debasing/devaluing the dollar, and provides incentives to production and export of American made goods. The alternative is surely a complete collapse of the dollar, but as always, its a question of when. Without eliminating the trade deficit, I think we will soon find out WHEN.]]>
Own Gold? Time to Fold http://seekingalpha.com/article/109582-own-gold-time-to-fold?source=feed#comment-323701 323701 Mon, 08 Dec 2008 09:50:12 -0500 Hang on to Your Gold http://seekingalpha.com/article/109467-hang-on-to-your-gold?source=feed#comment-322934 322934 Sun, 07 Dec 2008 10:38:48 -0500 Is It Time to Buy Gold? http://seekingalpha.com/article/109400-is-it-time-to-buy-gold?source=feed#comment-322520 322520
"Paper is poverty" - Thomas Jefferson]]>
Sat, 06 Dec 2008 15:09:13 -0500
"Paper is poverty" - Thomas Jefferson]]>
Is It Time to Buy Gold? http://seekingalpha.com/article/109400-is-it-time-to-buy-gold?source=feed#comment-322501 322501
"Paper is poverty" - Thomas Jefferson]]>
Sat, 06 Dec 2008 14:38:35 -0500
"Paper is poverty" - Thomas Jefferson]]>
Chart of the Week: Yields on U.S. 10-Year Treasury Notes Below 3% http://seekingalpha.com/article/108441-chart-of-the-week-yields-on-u-s-10-year-treasury-notes-below-3?source=feed#comment-317784 317784 Sun, 30 Nov 2008 18:58:47 -0500 Gold Bugs Beware http://seekingalpha.com/article/105825-gold-bugs-beware?source=feed#comment-306933 306933
If you notice, the COT commercials short position has been declining since 7/15 when gold was $981. I think if you look back in the data you'll find the commercial short position is lowest when the price is low, and maxes out when it peaks.
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Sun, 16 Nov 2008 02:20:34 -0500
If you notice, the COT commercials short position has been declining since 7/15 when gold was $981. I think if you look back in the data you'll find the commercial short position is lowest when the price is low, and maxes out when it peaks.
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Gold Bugs Beware http://seekingalpha.com/article/105825-gold-bugs-beware?source=feed#comment-306932 306932
If you notice, the COT commercials short position has been declining since 7/15 when gold was $981. I think if you look back in the data you'll find the commercial short position is lowest when the price is low, and maxes out when it peaks.
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Sun, 16 Nov 2008 02:20:11 -0500
If you notice, the COT commercials short position has been declining since 7/15 when gold was $981. I think if you look back in the data you'll find the commercial short position is lowest when the price is low, and maxes out when it peaks.
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The Real Cause: Current Account Deficit http://seekingalpha.com/article/102264-the-real-cause-current-account-deficit?source=feed#comment-292306 292306
Just imagine what happens when they realize those dollars are just like confetti.]]>
Tue, 28 Oct 2008 09:25:43 -0400
Just imagine what happens when they realize those dollars are just like confetti.]]>
Gold: The Last Carry Trade http://seekingalpha.com/article/99495-gold-the-last-carry-trade?source=feed#comment-280689 280689 Sun, 12 Oct 2008 15:10:20 -0400 Compared with Canada, U.S. Economy Looks OK http://seekingalpha.com/article/79550-compared-with-canada-u-s-economy-looks-ok?source=feed#comment-177374 177374 Sat, 31 May 2008 17:09:55 -0400 Gold’s 'Grand' Illusion http://seekingalpha.com/article/72182-golds-grand-illusion?source=feed#comment-150408 150408 Mon, 14 Apr 2008 11:35:45 -0400 A Conspiracy to Kill Bear Stearns? http://seekingalpha.com/article/71112-a-conspiracy-to-kill-bear-stearns?source=feed#comment-136140 136140 Thu, 03 Apr 2008 15:16:05 -0400 The Myth of Gold as an Inflation Hedge http://seekingalpha.com/article/70810-the-myth-of-gold-as-an-inflation-hedge?source=feed#comment-135020 135020 Wed, 02 Apr 2008 05:48:13 -0400 Gold: Too Volatile to Be a Safe Investment http://seekingalpha.com/article/70819-gold-too-volatile-to-be-a-safe-investment?source=feed#comment-135019 135019
At least gold is in a long term uptrend and has fundamentals that support its rise.]]>
Wed, 02 Apr 2008 05:44:53 -0400
At least gold is in a long term uptrend and has fundamentals that support its rise.]]>
Is it Finally Time to Sell Gold and Related Mining Stocks? http://seekingalpha.com/article/70499-is-it-finally-time-to-sell-gold-and-related-mining-stocks?source=feed#comment-134098 134098 Mon, 31 Mar 2008 12:02:46 -0400 U.S. Dollar Paradigm Shift Underway http://seekingalpha.com/article/69706-u-s-dollar-paradigm-shift-underway?source=feed#comment-130753 130753
The US dollar is worth WHAT compared to what its supposed to be worth? Go look at your constitution. Its been debased till its almost worthless. In the early 1900's a loaf of bread was 1 CENT. Look at it now.]]>
Mon, 24 Mar 2008 16:15:58 -0400
The US dollar is worth WHAT compared to what its supposed to be worth? Go look at your constitution. Its been debased till its almost worthless. In the early 1900's a loaf of bread was 1 CENT. Look at it now.]]>
Recession? I've Got a Solution http://seekingalpha.com/article/69659-recession-i-ve-got-a-solution?source=feed#comment-130721 130721
I feel the same way that they need to be reduced. I'll throw in some other ideas to improve the situation.

tax non-renewable fuel heavily. I'm talking $2.00 a gallon additional. basically this will increase the price to where people reduce consumption, and imports will drop. offset this tax with equally reduced payroll taxes, either SS or Medicare so that there is no tax increase, just a shift from taxing work to taxing consumption of scarce resources.]]>
Mon, 24 Mar 2008 14:57:03 -0400
I feel the same way that they need to be reduced. I'll throw in some other ideas to improve the situation.

tax non-renewable fuel heavily. I'm talking $2.00 a gallon additional. basically this will increase the price to where people reduce consumption, and imports will drop. offset this tax with equally reduced payroll taxes, either SS or Medicare so that there is no tax increase, just a shift from taxing work to taxing consumption of scarce resources.]]>
How Bad Is the Dollar's Fall? http://seekingalpha.com/article/69535-how-bad-is-the-dollar-s-fall?source=feed#comment-130237 130237 Sun, 23 Mar 2008 09:56:09 -0400 JPMorgan and the Bogus Bear Stearns Deal http://seekingalpha.com/article/68831-jpmorgan-and-the-bogus-bear-stearns-deal?source=feed#comment-127774 127774 Mon, 17 Mar 2008 14:33:35 -0400 What's Caused Job Losses? Productivity Increases http://seekingalpha.com/article/66894-what-s-caused-job-losses-productivity-increases?source=feed#comment-121666 121666 Mon, 03 Mar 2008 16:05:19 -0500 Golden Star Downgraded After Bogoso Disappoints, Again http://seekingalpha.com/article/60776-golden-star-downgraded-after-bogoso-disappoints-again?source=feed#comment-111656 111656 Sun, 20 Jan 2008 11:21:20 -0500 We're in a Recession - and On the Way to $60 Oil http://seekingalpha.com/article/60457-we-re-in-a-recession-and-on-the-way-to-60-oil?source=feed#comment-110999 110999 Thu, 17 Jan 2008 03:07:41 -0500 What Makes Golden Star an Explosive Gold Stock for 2008? http://seekingalpha.com/article/56770-what-makes-golden-star-an-explosive-gold-stock-for-2008?source=feed#comment-104771 104771 Mon, 10 Dec 2007 12:53:33 -0500