Seeking Alpha

Duke67

Duke67
Send Message
View as an RSS Feed
View Duke67's Comments BY TICKER:
Latest  |  Highest rated
  • Gold futures flat at $1,783.90 after being in the red earlier following CME's 22% hike in margin requirements last night. With global stocks gyrating wildly, what are the odds of the yellow metal soon turning green and hitting $1,800, as it did yesterday for the first time.  [View news story]
    There is no such thing as a "safe bet". After all, both GLD and SLV are just funds.
    Aug 11 08:44 AM | Likes Like |Link to Comment
  • A glance at European share prices this morning may lead one to think, "eh, not so bad." Actually, it is, as the effectiveness of government interventions can now be measured in minutes. Flat now, Italy and Spain were up close to 4% earlier following the latest ECB maneuver. Stoxx 50, +2.2% early, now -1%.  [View news story]
    Wow, so this time it lasted just minutes!
    Angela could better stay on her holidays.
    Aug 8 07:11 AM | Likes Like |Link to Comment
  • U.S. Downgraded: What to Do Now [View article]
    Well, I will buy some gold when at about $1,500 and lower.
    Aug 7 11:13 AM | 1 Like Like |Link to Comment
  • U.S. Downgraded: What to Do Now [View article]
    Dollars the best short term investment.
    Aug 6 05:26 PM | Likes Like |Link to Comment
  • Time to Get Serious About the Real Crisis [View article]
    The tax would not come anyway (no substantial job creation ahead), so why don't give a 1 year payroll tax a try? The government would benefit from slightly higher sales tax on spendings and corporate profits.

    I like the idea! Much more realistic way of supporting economy than any QE.
    Aug 5 10:37 AM | Likes Like |Link to Comment
  • Don't Bother Paper Trading [View article]
    OK but do you think that sex education and the real life experience is the same? Also, if flight simulator is the same as flying then every second computer boy is an astronaut!

    Mr. Roche is right, nothing like learning the hard way with real losses and real gains...
    Jul 28 06:53 AM | Likes Like |Link to Comment
  • Austerity We Can Believe In [View article]
    I.T., you should add one more whether: whether Greece will continue cheating everyone again with their austerity measures or will take it seriously this time.
    Jun 30 05:59 AM | 6 Likes Like |Link to Comment
  • PASOK MP Kourouplis, the only ruling party member who ended up voting against the austerity bill, has been ejected from the party.  [View news story]
    Well, you are right. The EU political system is actually based on coalition committee. Basically 2-3 party leaders decide everything and the rest are just puppets. We just saw it live from Athens, the birthplace of democracy.
    Jun 29 09:58 AM | 1 Like Like |Link to Comment
  • PASOK MP Kourouplis, the only ruling party member who ended up voting against the austerity bill, has been ejected from the party.  [View news story]
    And when they plan to execute him?
    Jun 29 09:22 AM | 1 Like Like |Link to Comment
  • PASOK MP Kourouplis, the only ruling party member who ended up voting against the austerity bill, has been ejected from the party.  [View news story]
    This Greece comedy on democracy in a late phase is not according to my taste. I prefer Shakespeare.
    Jun 29 09:20 AM | 1 Like Like |Link to Comment
  • Oracle's (ORCL) Larry Ellison, one of the most aggressive tech buyers with 70-plus deals since 2005, is calling a timeout. "Anyone looks at the valuations today... we don't think they make any sense," Ellison said last night - a remarkable admission from the man who snatched Sun Microsystems away from IBM and fought tooth and nail to buy PeopleSoft.  [View news story]
    Yes we need a timeout. Summer is here to chill us out.
    Jun 24 05:50 PM | Likes Like |Link to Comment
  • Oil Reserves to Be Tapped With Aim to Boost World Economy [View article]
    There might also be a link with GDP estimation published on Friday...
    Jun 24 07:58 AM | Likes Like |Link to Comment
  • Greece's representative to the IMF expects a deal on an austerity plan to be reached between the Greek government and the EU/IMF today. Wasn't a deal already reached that is now being debated in Greek parliament? Meanwhile, CNBC reports Northern EU leaders refusing any more concessions to Greece.  [View news story]
    The same opposition in Austria, Slovakia, Czech rep. Everyone is really tired of that never ending mess.
    Jun 23 11:10 AM | Likes Like |Link to Comment
  • Nothing surprising in today's comments from Mohammed El-Erian that Greece and other EU state's are likely to default in some fashion. Of more interest is his brushing aside the meme that Greece alone could provoke another GFC. "Too small in terms of economic impact," he contends.  [View news story]
    Smaller EUROzone members tend to avoid throwing more funds on Greece. Yesterday's vote is just one small step in a line of prerequisites to get the next tranche. Even if Greece confirms the austerity measures in a vote next week (much bigger challenge than yesterday), still a EU country may block this entire stupidity.
    Jun 22 10:41 AM | 1 Like Like |Link to Comment
  • It's Triple Witching Day today, and Josh Brown notes in the last 10 years, only 13 of the weeks following have been positive, with none occurring in June. In fact, the week after a June Triple Witching has been negative for the DJIA for 19 consecutive years.  [View news story]
    Well, if this one June Quad Witching ends in green, then this is definitely a proof of today's markets craziness.
    Jun 17 12:46 PM | 1 Like Like |Link to Comment
COMMENTS STATS
136 Comments
256 Likes