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Jakarta Expat

Jakarta Expat
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  • The Gold Floor Fallacy [View article]
    Very true Bob but look at the cost of oil now compared to 1984/85/86.
    Dec 9, 2013. 01:05 AM | Likes Like |Link to Comment
  • Why Gold And Silver Prices Are Not Headed For The Stratosphere [View article]
    K202, Sorry but I reject your reality and will replace it with my own but a good read nonetheless.
    Aug 21, 2013. 08:57 AM | Likes Like |Link to Comment
  • For Gold, $1,300 Level Looms Large [View article]
    Bernanke's comments not much better than a 1st year intern at the FED.

    "Gold is an unusual asset. It's an asset that people hold as sort of disaster insurance. They feel if things go really badly wrong, at least they'll have some gold in their portfolio."

    Oh thanks for that Mr. Chairman, I figured that out when Bush and Greenspan were giving away free financing to people who never even came close to qualifying, thus I bought 4kg of gold and 1300 oz of silver and I do not even live in the US..

    "One reason gold prices are lower is people are less concerned about extreme outcomes, particularly negative outcomes, and therefore they feel less need for whatever protection gold affords."

    LOL Is that they only reason Mr. Chairman, do you feel more comfortable with the economy as you think others are, if so stop QE tomorrow.

    "Nobody really understands gold prices and I don 't pretend to understand them either."

    Thank you Mr. Chairman you were clearly not the right peron to put in charge of the FED to keep this great country out of trouble or extend it's problems.

    BTW is there any truth to these numerous and unbelievable rumors that there was a convenient weekend fire in a JP Morgan vault? Seems a bit on the far fetched side to me and not one real news source has picked up ont he story even though being reported by a few obscure gold bug websites as of 18 or 19 hours ago.
    Jul 21, 2013. 11:46 AM | 1 Like Like |Link to Comment
  • Gold Will Drop After Bernanke [View article]
    "Still holding below major resistance at 1300."

    Who expected it would cross over 1300 with Ben talking to Congress, I believe we are all just surprised it has done so well after yesterday's Bernanke speak. Why do you think it rebounded so well Richard?
    Jul 18, 2013. 11:54 AM | 1 Like Like |Link to Comment
  • Gold's Fate Hinges On Bernanke [View article]
    " I don't think its a good idea to move into gold until the Bernanke event risk has passed."

    Richard, I agree, all I was asking was a followup to your statement that you hold gold. I was asking why you are holding it. As for moving in to it. I did that over a 1 year period during mid 2005 and mid 2006 when I bought 4kgs of gold (avg price of 615 USD per oz) and 1300 oz's of silver (avg price of 11.50 per oz).
    Jul 18, 2013. 09:42 AM | Likes Like |Link to Comment
  • Gold Will Drop After Bernanke [View article]
    It may drop today but it has made a pretty decent recovery since his idiotic bag of lies yesterday.
    Jul 18, 2013. 09:21 AM | Likes Like |Link to Comment
  • Gold's Fate Hinges On Bernanke [View article]
    " I think the country will be losing a good deal of its manufacturing income in the next 10 years."

    Richard, how much more damage could be done to manufacturing that has not been done already by Clinton's 2nd term and Bush 2's first and second term?
    Jul 18, 2013. 09:21 AM | 1 Like Like |Link to Comment
  • Gold's Fate Hinges On Bernanke [View article]
    Richard, yes you are right, Bernanke is just a short term influence not the long term. Why do you own gold and do you own it for a possible blow up of our financial system as we know it or do you own it for profitable reasons, or maybe a little of both?

    Jul 17, 2013. 05:47 PM | Likes Like |Link to Comment
  • More Bad News For Apple [View article]
    Ordos, I do not follow Apple but I have owned a 3GS and now have a iPhone 4, my wife ditched her iPhone 4 due to all of the problems she had with it and now uses a Samsung S3 and is happy with it. Could you explain why with all of these new phones coming out why Apple has not come out with a waterproof phone like the Samsung 4 active and the commercial I saw from Sony that now has a waterproof phone. Why would Apple so care little about their customers that they are not going to try and do their best for customers and waterproof their phones as well. Could it be that they love making all of that profit when the phone fails and they blame it on the ultra sensitive water detectors in the phone thus just put it down to water damage instead of fixing the bad quality control of the phone?

    Buy some more stock now, it is obviously a company to support.
    Jul 16, 2013. 09:58 AM | Likes Like |Link to Comment
  • Apple Third Quarter Earnings May Put You To Sleep [View article]
    Apple Third Quarter Earnings May Put You To Sleep

    BUT their phones could kill you...

    Woman dies using a charging iPhone 5, Apple vows to aid in investigation
    By AppleInsider Staff
    Apple has said it will aid in the investigation of the death of a Chinese woman who was allegedly electrocuted when she answered a charging iPhone 5.
    Jul 15, 2013. 09:19 AM | Likes Like |Link to Comment
  • Apple Third Quarter Earnings May Put You To Sleep [View article]
    Mr. Blair the woman in China answering her iphone 5 while it was charging definitely got a death notice.
    Jul 15, 2013. 09:18 AM | Likes Like |Link to Comment
  • Symantec: One Tech Stock That Controls Its Own Destiny On The Way To 30% Upside [View article]
    You can say what you want about Norton antivirus and some is true, I know from personal experience but I take it because to know a virus you need to at least have to know the signature and some of the viruses coming out of India are crazy these days. I get it from downloading software torrents and I accept it. In the last year I have had to backup files files from the last 10 years (carried over from machine to machine) and reformat C & D and reload Windows 7 twice, I accept it because of my reckless behavior in dealing with Torrents.

    BUT, I have found if you search out Norton Power Eraser on the net download it and use it (free of charge by the way) it will find some root viruses that no other scan will and it is free, it works.
    Jul 14, 2013. 11:07 AM | 1 Like Like |Link to Comment
  • Gold - Here's What You Need To Know [View article]
    TOT ok gold is going to 500 USD an ounce but what does the FED do when gold mines start shutting down left and right due to their production price is above 500 USD?
    Jul 8, 2013. 08:43 AM | Likes Like |Link to Comment
  • Gold Continues To Behave Like A Leveraged Long Bond, Not An Inflation Hedge [View article]
    Daro, you seem to be forgetting that th production cost of gold now is a lot higher than it was in the early 80's. It goes down to 600 then how many mines shut down and how much gold will be left in the market at your magic price?

    I bought 4 kg of gold (avg price of 615) and 1300 troy oz of silver (avg price of 11.45) over a 1 yr period from mid 2005 to mid 2006. Still holding and letting it age like fine wine.
    Jul 7, 2013. 11:17 PM | Likes Like |Link to Comment
  • What iPhone 5 Discounts Could Mean [View article]
    Robert McDonald, doesn't this so called "strategy" really point towards an over supply due to weak sales and now with APPL down below 400 USD a share that finally Samsung has Apple on the ropes and scared?

    What about waterproof iPhones, where are they? Sony came out with one, Samsung has the S4 Active coming out and yet Apple seems to not want to implement this, is it because they screw so many of their customers with those over sensitive humidity sensors so they can void the warranty and sell the buyer another over priced part instead of standing behind the warranty?
    Jun 26, 2013. 03:10 PM | Likes Like |Link to Comment
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