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  • Why Are Shipping Stocks Ignored? [View article]
    Yes, someone said as much in the comments for the UK article. Our company regularly ships using sea freight, and the cost per container has definitely receeded somewhat.

    During boom times, it could take the better part of a week to get a rate for a small container. Now, we can get it within a matter of hours.

    That article sort of explained our predicament.
    Oct 1 09:14 AM | Likes Like |Link to Comment
  • Are We Poised for Another Great Bull Market? [View article]
    I still go all in on the "Black Swan" mentality. Past charts are no predictor of future results, they just set us up for the unexpected.

    That being said, I still don't think that we are in for a market boom, based on variables in world events. The Swine Flu scare (2nd wave), wheat rust (and eventually, higher pricing associated with scarcity), and random tsunami events are more than enough to send investors fleeing.

    Uncertainty is what will keep the Bull at bay.
    Sep 30 09:37 AM | 1 Like Like |Link to Comment
  • Why Are Shipping Stocks Ignored? [View article]
    You have to look at International Ocean Freight as well. Recently, I was nosing around "the interwebs", and found an article the London Telegraph did on Ghost Fleets off the coast of Singapore.

    It's like a graveyard of underutilized capacity. The economy is still in the tank, even if losses are slowing. We are still on a downward trend for the forseeable future.
    Sep 30 09:32 AM | 1 Like Like |Link to Comment
  • Caterpillar Could Benefit from Worldwide Stimulus Programs [View article]
    CAT will eventually return to prominence. Commodities will have to make a significant comeback, in order for mines to invest in new equipment.

    Due to mine closure, there is significant value in the used equipment business, and it is available at fire sale pricing. Smart mines will be buying the used equipment, and only buy new when absolutely necessary.

    Until some of the old equipment is absorbed by the marketplace, I don't expect numbers to improve.
    Sep 28 03:47 PM | 1 Like Like |Link to Comment
  • Crumbling Greenback a Boon for Short Dollar ETFs [View article]
    While I recommend physical gold and silver, the next best bet is a GOLD ETF, or as you say, currency backed by a substantial amount of gold: the swiss franc.
    Sep 21 09:39 AM | 1 Like Like |Link to Comment
  • Too Early to Take Profits in Gold [View article]
    While I am not a "news trader" per se, I think that a different argument of whether to hold or sell should be pursued: We are in a time of change, for better(yeah, right) or worse. Gold is stable. When everything else is unstable, that which is stable increases in value.

    Now is not the time to be trading on price, but rather how much instability we see on the horizon. I see quite a bit, from the Middle East, to Asia and Russia, not to mention what is going on in our political establishment. If you hold precious metals, do just that: Hold 'em.
    Sep 18 01:02 PM | 2 Likes Like |Link to Comment
  • Japan to the U.S.: 'We Don't Want to Exclude You, But...' [View article]
    I am in agreement that we are at the end of our ability to police the world. Fiscally, we can no longer afford it, and our moral imperative is spent.
    Sep 16 02:32 PM | 4 Likes Like |Link to Comment
  • Obama Is Wrong to Impose Punitive Tariffs on Chinese-Made Tires [View article]
    The USW is wrong on this one, and so is Obama. He has no clue as to what is going on the tire industry. The main reason for the loss of these jobs is a lack of demand for new cars, and steep cuts in the mining and construction industry.
    Sep 14 03:41 PM | 5 Likes Like |Link to Comment
  • Market Breakout Is Serious [View article]
    I concur with triple black. Heating and natural gas always rise this time of year. Silver, as I have stated ad nauseum, is poised for a sharp, upward correction. Grain continues to be attacked by wheat rust, floods and drought. All in all, a very nice play.
    Sep 10 09:41 AM | Likes Like |Link to Comment
  • Cadbury Bid Indicates We're in a Stock Bull Market [View article]
    So this one buy, one attempt at an acquisition, should send wary investors back into the market? C'mon. People are still losing jobs, the USD is declining, and consumers are decreasing consumption.

    I'm not a technical trader, but I think your exuberance is a bit premature, if not completely irrational.
    Sep 10 09:10 AM | Likes Like |Link to Comment
  • China Admits Gold's Monetary Role: Time to Buy [View article]
    The Chinese middle class is growing substantially. So much so, that the SUV is a huge seller. If you can buy an SUV, you can buy an ounce of silver at $17. Gold, in lesser amounts, maybe. But most people in that country can afford an oz. or two of silver.
    Sep 9 02:54 PM | Likes Like |Link to Comment
  • Why Silver Beats Gold as a Precious Metals Play [View article]
    I agree with the buy on silver. Historically, it trades on an 18 or 15:1 ratio against the price of gold. Silver is extremely undervalued, more portable, and more affordable for the average investor (who doesn't have $20 that they can find to invest).

    Get it, and get it now.
    Sep 8 10:40 AM | 3 Likes Like |Link to Comment
  • Has Gold Finally Broken Out? [View article]
    The more governments stockpile(China), and insurance companies hedge with gold (NW Mutual), then the stronger the move.

    That excludes the stock market crash that is coming on shortly. It's time to get on the train, and ride gold to the top.
    Sep 4 08:56 AM | 4 Likes Like |Link to Comment
  • Why Metal and Mining Stocks Are a Buy [View article]
    I am probably not as familiar with Rio's balance sheet as I should be, but isn't much of that debt from acquisitions that promise to pay out? They've been gobbling up smaller mines during this recession, and the assets they've acquired should more than exceed their debt in the mid-to-long term.
    Sep 3 09:13 AM | Likes Like |Link to Comment
  • Crude Oil Ready to Break Lower [View article]
    There is one situation that would move both gold and oil prices higher in tandem: Israel attacking Iran, or one of the other Arab states. I know we've all heard the rumours, but the clock is ticking, and I think you are going to see a huge move in both commodities before the year is out.
    Sep 3 09:03 AM | Likes Like |Link to Comment