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6228371

6228371
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  • 10 Promising Emerging Markets [View article]
    No comments about Thailand, Indonesia, or Peru?
    Mar 24, 2015. 08:27 AM | Likes Like |Link to Comment
  • Dollar Bulls Squeezed By Euro Data [View article]
    The dollar rally was excessive. Now that the dollar is starting to decline, the question is how low will it go. Will the dollar index get below 90? Below 80? The strong dollar was starting to do major damage to the US economy, so I am glad the dollar is declining now.

    http://bit.ly/1LxuPX0
    Mar 24, 2015. 08:20 AM | Likes Like |Link to Comment
  • Why I Bought Freeport-McMoRan [View article]
    FCX also reduced its quarterly dividend to just 5 cents. Let's see how the stock reacts. I bought shares of the COPX fund rather than FCX. COPX has only around 3.5% of the fund invested in FCX.
    Mar 24, 2015. 08:07 AM | 1 Like Like |Link to Comment
  • Why I Bought Freeport-McMoRan [View article]
    Instead of overloading on FCX, buy some SLW. Imo silver seems poised for a strong rally.
    Mar 23, 2015. 02:55 PM | Likes Like |Link to Comment
  • GAMCO Global Gold, Natural Resources & Income Trust: Only So Much It Can Do [View article]
    I am long the BCX, GNT, and IRR to get nice payouts as I wait for commodities to rebound. I am also long GDX, SLW, SIL, and PLTM though which have much lower payouts. BCX is invested in oil stocks, agricultural stocks, mining stocks, and other natural resource related stocks. Its current 15% discount to NAV makes it especially enticing.
    Mar 23, 2015. 06:49 AM | Likes Like |Link to Comment
  • Crude drops after bearish Saudi comments [View news story]
    It won't work especially since the dollar is continuing the decline of last week.
    Mar 23, 2015. 06:38 AM | 3 Likes Like |Link to Comment
  • Why I Bought Freeport-McMoRan [View article]
    Copper and gold are likely to rally strongly if as I expect the dollar moves much lower. I am long BCX, GDX, COPX, GGN,IRR, SLW, and SIL as plays on a weakening dollar. FCX has been underperforming COPX. COPX has around 3.4% in FCX. Look at the chart of FCX/COPX.

    http://bit.ly/1N06E0T
    Mar 23, 2015. 06:16 AM | 3 Likes Like |Link to Comment
  • Oil Crash Just Getting Started - Levered Under-Hedged Juniors Like Magnum Hunter In Jeopardy [View article]
    "The US by contrast is leading the world in growth at the moment hence the strong $"

    Huh?????? Some emerging market countries such as China are leading the world in growth. When did the US have annual GDP growth over 7%? The US is now struggling with the effects of the strong dollar, which is suppressing the level of exports, while also making sales abroad much less profitable. You should hope for a great weakening of the dollar from here. Otherwise the US economy is likely to experience much slower growth.
    Mar 23, 2015. 05:51 AM | 2 Likes Like |Link to Comment
  • Silver Wheaton Looks Cheap [View article]
    The issue with platinum though is that most platinum mines are in regions that are not so politically stable. Think about Russia, Africa, etc. Otherwise platinum group metals streams would be great.
    Mar 22, 2015. 07:09 PM | Likes Like |Link to Comment
  • Oil Crash Just Getting Started - Levered Under-Hedged Juniors Like Magnum Hunter In Jeopardy [View article]
    It seems like the Euro will continue to rally against the dollar, from its recent low of around $1.05. Let's see if the Euro finishes the quarter over $1.10, and gets back to $1.20+ by the end of June. Let's see if the Euro is over $1.35 by the end of 2015.
    Mar 20, 2015. 06:47 AM | Likes Like |Link to Comment
  • Janet Yellen Speaks: Do Words Matter? [View article]
    " Currently we're facing a labor force participation rate of 62.8%, a 37-year low, with 93 million people now out of the workforce."

    Another problem with the unemployment statistics is that they don't take into account those who are earning much less now than they did 5 or 10 years ago. If a person earned $100,000+ a year 10 years ago, and is now earning $10 an hour, even if they work 40 hours a week now, is it reasonable to count them as being fully employed now? Perhaps there should be an underemployment index, which not only measures those who are unemployed, but also measures those who earn less than 80%(or should it be 90%?) of the inflation adjusted amount they earned 10 years ago?
    Mar 20, 2015. 05:40 AM | Likes Like |Link to Comment
  • Gold on the move behind dovish Fed [View news story]
    "It's a mad, mad, mad, mad, mad world. But equations are equations and my kids calculator can't compute in trillions."

    Buy them scientific calculators. A trillion is just 1x10^12. Here is a nice reminder of inflation. Perhaps everyone should have a framed one hanging on their wall, so they can be constantly reminded.


    http://bit.ly/112AW0D
    Mar 20, 2015. 05:25 AM | Likes Like |Link to Comment
  • Gold on the move behind dovish Fed [View news story]
    "622, understood, but "inspite of the debt" the dollar rallies. "

    It rallies until it declines. An interesting article.

    http://bit.ly/1LxuPX0
    Mar 19, 2015. 02:06 PM | Likes Like |Link to Comment
  • Gold on the move behind dovish Fed [View news story]
    Perhaps the last move up for the dollar, before the dollar index has a steep decline? The dollar is likely to have a strong decline, and commodities are likely to have a strong rally when the US debt ceiling is increased. The 25% rally in the dollar index over the past 9 months seems like it was totally unwarranted. The US debt keeps increasing, and we still run huge budget deficits. Medicare and Social Security are unfunded. They should have their own funds.
    Mar 19, 2015. 01:50 PM | Likes Like |Link to Comment
  • 'The U.S. Is Broke' [View article]
    "Trillion. Billion. What's a few zeros in funny money."

    http://bit.ly/112AW0D
    Mar 19, 2015. 10:03 AM | 4 Likes Like |Link to Comment
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