Seeking Alpha

filipo

filipo
Send Message
View as an RSS Feed
View filipo's Comments BY TICKER:
Latest  |  Highest rated
  • The Only 20 Companies That Matter [View article]
    Sandiego,
    Always be critical...
    Mar 28 04:24 AM | Likes Like |Link to Comment
  • The Only 20 Companies That Matter [View article]
    Edaugh,

    GDP = C + I + G + X - M

    and NOT

    GDP = C + I + G (X-M)

    http://bit.ly/1hh2sLH

    There's no reason to multiply Government spending by the balance of exports and imports.
    Mar 28 04:23 AM | 2 Likes Like |Link to Comment
  • The Only 20 Companies That Matter [View article]
    Edaugh,
    Spot on.
    Mar 28 04:16 AM | 1 Like Like |Link to Comment
  • The Only 20 Companies That Matter [View article]
    The,
    Don't worry, be happy.......
    Mar 28 04:13 AM | 1 Like Like |Link to Comment
  • Gold: The Declines Won't Stop Here [View article]
    krug,
    "Now waiting to see if right should forms for a chance to get long or if more short selling is in order."

    That's where sentiment distilling comes in handy.
    Mar 28 04:12 AM | Likes Like |Link to Comment
  • Gold: The Declines Won't Stop Here [View article]
    Jin,
    Did you address your TV set salesman already ?
    Mar 28 04:09 AM | Likes Like |Link to Comment
  • Chinese February Gold Imports Show Strong Chinese Demand: What Chinese Credit Crunch? [View article]
    Tao,
    Global Jewelry demand is still a larger part of the gold market than the investment part.
    The more paper gold overwhelms the physical market, the closer we get to the point where those who hold the physical stuff won't be found willing to sell to that part of the market which can't deal with paper gold, namely jewelers and industry.
    Try to make a golden necklace with a digital -even worse than paper- future contract on gold.
    Unless you're a medieval alchemist, you won't succede.
    Mar 28 03:59 AM | 2 Likes Like |Link to Comment
  • Why I Strongly Disagree With Goldman's Bearish Gold Call - Buy The GLD [View article]
    Avi,
    Know your history:
    http://bit.ly/1h1UT74
    During the Cuba-crisis there was a scramble for gold. The London Gold Pool had to intervene to "calm" the markets, selling large amounts of gold.
    Mar 28 03:07 AM | 3 Likes Like |Link to Comment
  • Why I Strongly Disagree With Goldman's Bearish Gold Call - Buy The GLD [View article]
    You are right Ruben in your interpretation of the historical facts.
    It was only after the markets discovered that QE did not cause the huge avalanche of inflation they had expected, that the gold price started to plunge.
    Another reason was that the armageddon premium had been lifted, meaning the systemic collapse which we all had expected to happen, did not concretize.
    That sent gold prices lower, which is only normal, in retrospect.

    But the first year QE was applied, analysts saw monetization of the debt and hence huge inflation coming and sent gold higher.
    Mar 28 02:55 AM | 3 Likes Like |Link to Comment
  • Why I Strongly Disagree With Goldman's Bearish Gold Call - Buy The GLD [View article]
    eagle,
    "the real problem was collapsing demand from India"

    It seems smuggling has been so large that there cannot be spoken of an Indian collapsing demand.
    Besides, China certainly took over official imports from India.
    At the end, large institutional investors appear to have done the wrong thing, based on wrong data. Eventually they'll have to pay for that.
    Mar 28 02:49 AM | 2 Likes Like |Link to Comment
  • Why I Strongly Disagree With Goldman's Bearish Gold Call - Buy The GLD [View article]
    eagle,
    "with the other being that China may reduce it's buying binge during 2014"

    Not probable:
    http://bit.ly/1h1Rwx0
    Mar 28 02:40 AM | Likes Like |Link to Comment
  • Why I Strongly Disagree With Goldman's Bearish Gold Call - Buy The GLD [View article]
    Markos,
    "and see what appears set to happen in Ukraine."

    Indeed, and not only is this a probable scenario, but imo it is the best scenario: Ukraine should be divided according to a border that separates the two most important cultures: Ukrainians and Russians.
    It's only by doing so that the self determination of the people will be respected and possible future havoc will be avoided.
    That this happens in a military way is deplorable, but that's how the world powers are used to operate, or how else should we interpret Vietnam, Iraq, Tibet....
    Mar 28 02:22 AM | 4 Likes Like |Link to Comment
  • The Only 20 Companies That Matter [View article]
    Moon,
    You certainly have a point, especially when you write
    "If you are hoping for these big companies to pull America out of recession you are 100% wrong. If the economy is bad they will just slice costs and employees."

    However, we're not considering US economy. We're asking whether being shareholder of one of the aforementioned 20 US companies is a safe bet or not and whether investing in these companies at these price levels is also a safe bet.
    And then, I think, the answer is twice, yes, knowing however there will be other rounds of slicing costs and employees that will follow in the future.
    Mar 27 05:05 PM | 2 Likes Like |Link to Comment
  • The Only 20 Companies That Matter [View article]
    Jeffrey,
    "Great point. With negative real rates, the market can justifiably support higher P/Es than historically normal."

    Indeed, that's what I meant and it's something that some analysts tend to forget. This is uncharted territory we're in, and that asks for some flexibility of judgment.
    Excellent article, by the way.
    Mar 27 04:59 PM | 3 Likes Like |Link to Comment
  • Gold continues slide [View news story]
    ltsg,
    The Chinese have repeatedly said that what they want is a basket of currencies with gold forming part to replace the USD as a reference currency.
    There are scholars in the West who favor this idea.
    A reference currency for the people behind that currency is a curse and a blessing. It's a curse because it overvalues the said currency and hence hinders export from that nation and it's a blessing because it enables the citizens of that nation to live a life of leasure without having to work hard.
    However, the Chinese have their own problems -huge leveraging that is popping, to name but one- so I don't think this takeover will happen very soon.
    Europe wil never cooperate with the BRICS to back another reference currency than the USD. There will be trade between Europe and the BRICS, yes, but Europe will never question the very existence of the USD as a reference currency. There would be a revolution needed to implement that.
    Mar 27 04:38 PM | Likes Like |Link to Comment
COMMENTS STATS
2,568 Comments
2,285 Likes