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marketwatcher23

marketwatcher23
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  • With Negative Rates, Why Would You Not Trade Paper Money For Gold? [View article]
    you are cherry picking
    Jan 26, 2015. 09:05 PM | 1 Like Like |Link to Comment
  • With Negative Rates, Why Would You Not Trade Paper Money For Gold? [View article]
    The jig is far from up. What the author does not include is the fact that gold has been securitized. Gold, like everything else, is mostly purchased in paper form. So the paper price of gold wags the physical price. If it were not so easy to buy GLD under the guise of thinking you were buying gold, then gold would have a fighting chance. But sheeple will be sheeple and paper gold has ensured that the interest rate argument is negated, pun intended.
    Jan 26, 2015. 08:03 PM | 2 Likes Like |Link to Comment
  • Anti-austerity Syriza set to sweep Greek elections [View news story]
    It's time for a Greek debt Jubilee. Let them start over already. The TBTF banks will take a gamble lending to them with customer deposits.
    Jan 25, 2015. 01:49 PM | 6 Likes Like |Link to Comment
  • Anti-austerity Syriza set to sweep Greek elections [View news story]
    Draghi did not include Greek debt in the ECB QE
    Jan 25, 2015. 01:48 PM | 8 Likes Like |Link to Comment
  • Anti-austerity Syriza set to sweep Greek elections [View news story]
    How is it a socialist fairy tale? Germany controls the purse strings as long as they are on the euro so there is no hope and changQE for them. They leave the euro and default on their debt however and I will be one of many sheeple to book my trip to the greek islands and shower them with precious USD.
    Jan 25, 2015. 01:36 PM | 17 Likes Like |Link to Comment
  • Build America Bond Trust: A And AA Bonds With A Discount To NAV And A 7% Yield [View article]
    Thanks for your response. It seems to reason that if these bonds are of high quality then the only reason would seem to be the potential of rising rates, which is non existent. High yield junk has been sorted out and beaten already, and still has more to come. This fund rising alongside treasuries (TLT) seems to mean it passes the quality test.

    The only other reason would have to be "BABs may be replaced by other types of bonds if no new BABs can be found to buy".

    I am not sure how that would play out but since there are no new BAB's around I suppose it's a realistic scenario that they replace them with lower quality riskier bonds.
    Jan 23, 2015. 09:25 PM | Likes Like |Link to Comment
  • Build America Bond Trust: A And AA Bonds With A Discount To NAV And A 7% Yield [View article]
    To the author: why the big discount to NAV? Can you please elaborate?
    Jan 23, 2015. 05:39 PM | 1 Like Like |Link to Comment
  • Risk Reward Shows Market In The Toilet For 2015 [View article]
    "other than a need to simply feel like I am doing something to put my money to work."

    You just eloquently proved that if you give no alternative and build a rigged market they will come.
    Jan 23, 2015. 07:59 AM | Likes Like |Link to Comment
  • The Bank Of Canada's Turn To Shock Markets? [View article]
    10yr Canadian bond yield is sub 1.5%. They are weakening their currency so their citizens are seeing prices rise and yet they, like the rest of the developed world, suffer from zirp/nirp. We are all going Japan one at a time. Buy stawks.
    Jan 21, 2015. 05:20 PM | Likes Like |Link to Comment
  • Risk Reward Shows Market In The Toilet For 2015 [View article]
    First it was small caps. Then it was high yield energy, now it's financials. It will soon be retailers or someone else. All while the index drifts gently higher.

    Grandma Yellen and the Bernak are sick and tired of watching everyone lose money in a massive bull market. They have made it clear, get in the index and they will take it from there.
    Jan 21, 2015. 09:17 AM | Likes Like |Link to Comment
  • Even The Woefully Underfunded Retiree Can Survive The Next Crash: Here's How [View article]
    I am waiting for you to back up your assertion. There have been daily reports about interest rates going up imminently for the last 6 years as well. So much for that. You gave no detail. So I am not sure what you mean by "detailed above".
    Jan 20, 2015. 08:14 PM | Likes Like |Link to Comment
  • Even The Woefully Underfunded Retiree Can Survive The Next Crash: Here's How [View article]
    When it comes to necessities like food costs rising that is deflationary. People need food no matter what and will pay whatever they have to for it. Spending more and more for food however will cause them to spend less on other stuff that is not as essential. Biflation is rising costs in the things you need and falling costs in the things you have.
    Jan 20, 2015. 09:03 AM | 1 Like Like |Link to Comment
  • Even The Woefully Underfunded Retiree Can Survive The Next Crash: Here's How [View article]
    George you described this recovery with no details. Can you give me some detail on wage growth? You can't because there is none. Can you give me some detail on the savings rate? You can't because people have no savings. Can you explain why 92 million people are unemployed? It certainly is not because the baby boomers all happily retired. You have no real data to back up your assertion that there is a recovery and if you were even half right we would be dealing with inflation, not deflation and rates would be moving much higher, not negative. I am not trying to be unkind here but that's the truth.
    Jan 20, 2015. 07:29 AM | 1 Like Like |Link to Comment
  • Even The Woefully Underfunded Retiree Can Survive The Next Crash: Here's How [View article]
    hendrik don't take anyone's advice to much to heart because nobody knows what tomorrow brings and we are all just guessing. With that said my guess is I'd stay far the hell away from anything high yielding tied to energy. I have been and continue to go from here with the belief that interest rates will stay here or lower for decades and oil will absolutely not be making any comeback in the near future.

    I believe the bernak and yellen have made it clear that we need to get into the broad market and they will lift it for us. Anyone making any bets in individual sectors have seen the carnage (small caps and now energy) and been warned.

    As the economy continues to worsen (I think George is a good guy and writes well but he is absolutely wrong if he thinks anything is recovering and wage growth is around the bend) the fed will continue to push markets higher to try to compensate for it. Good luck.
    Jan 19, 2015. 06:33 PM | Likes Like |Link to Comment
  • Even The Woefully Underfunded Retiree Can Survive The Next Crash: Here's How [View article]
    "Eventually, that will lead more folks to the public sector for employment opportunities"

    You just described Greece George. 85% of employment is public sector. that's exactly where this goes.
    Jan 18, 2015. 08:12 PM | 1 Like Like |Link to Comment
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