Seeking Alpha
  • Jason Burack
    Porter Stansberry is right. Long term $CHK & $DVN are selling for way below book & good investments. But, no real near term catalysts yet.
    3/5/13
    Reply (17)
    • DaLatin: I wish he was right on the USD... Won't be in our life times ! Long live fiatism
      3/5/13
    • Jason Burack: The US Dollar is being saved for last like Kyle Bass says. The Yen and British Pound are going to be massively devalued first.
      3/5/13
    • Jason Burack: Dollar needs to be propped up to devalue the Yen and Pound.
      3/5/13
    • DaLatin: Porter called for the Reserve drop years back. He was wrong and discredited..
      3/5/13
    • Jason Burack: He is a really smart guy and a good long term investor. No one is right all the time.
      3/5/13
    • Jason Burack: As long as you admit you made a mistake and try and learn from it to get better I think that's the most important thing.
      3/5/13
    • DaLatin: JB, no doubt about him being smart ! That he surly is !
      3/5/13
    • Jason Burack: I disagree with his assessments of the oil market though. Shale oil is not a panacea. It helps but no panacea.
      3/5/13
    • Jason Burack: Lots of oil left but production costs will prob rise every year as more marginal oil replaces cheap oil. Also, global demand still growing
      3/5/13
    • DaLatin: Politics is bad.. US doesn't need oil. Nat gas is the green goldmine. Clean and abundant. the US should export all it's oil and cruch OPEC
      3/5/13
    • Jason Burack: The question is how to play nat gas then? Many of the producers in the US have disastrous balance sheets. I like the infrastructure plays
      3/5/13
    • ComputerBlue: Which infrastructure plays do you prefer?
      3/5/13
    • Jason Burack: The Pickens Plan plays are good long term ones. I also like $LNG $TK Gaslog $GLNG and the TK LNG MLP. I forget the symbol on that one.
      3/5/13
    • Jason Burack: There are a few others but not many. Anything that will help the US export LNG should do well long term.
      3/5/13
    • Jason Burack: Frank Curzio also wrote a teaser on nat gas infrastructure plays. Stock gumshoe found all his picks. Check that out.
      3/5/13
    • Jason Burack: I told people who followed my work to start buying $LNG in 2009 when it crashed to 6 and keep accumulating when it was still at 14-15.
      3/5/13
    • ComputerBlue: Thanks JB.
      3/6/13