Seeking Alpha


Send Message
View as an RSS Feed
View wrongemail's Comments BY TICKER:
Latest  |  Highest rated
  • 3 Gold Exploration Companies With Huge Near-Term Upside [View article]
    Interest rates don't go up when the economy improves. They go up in the expectation that the economy is over heated.Int rates did not go up in 2008 (or whenever ) because the economy was improving.They went up because the housing market was super heated and no one who could afford to buy a house was buying. So they sold the forclosures to foriegn banks and our fed bailed them out and your taxes are higher because of it. Interest rates should be at 15% now but they aren't. Instead the USA produces large amounts of weapons and sells them to whoever will bully sick little fiefdoms in the middle east so that we can use our bombers scare out opposition to our appointed bought and paid for political appointees in these countries. It isn't like the majority of people voted for those ragheads who propose to control the head slicers. They were slammed in place at the price of buying their oil with the dollar.
    So your whole idealistic scenario on interest rates is entirely BS.
    Oct 14, 2014. 07:55 PM | Likes Like |Link to Comment
  • 2013: The Year Of Printing Money [View article]
    You have already on the bailouts. Shouldn't have been done. Now you have no trust in america. It was bad already but now it is a trust crises.Can't be fixed this generation and probably not the next without blood shedding. Bowing to enemies don't work. Look at Japan. they definitely do not need the USA military there. The world is trashed. Scared of the nuec threat which is very real.No one in the EAST is our friend. Maybe Russia can be trusted somewhat since the Chinese are a threat to them among others but I doubt it. Now you have a weak interior with no honor and no leader to restore it. Its all past history falling on an innocent generation.Full of Drug addicts and their suppliers
    Feb 15, 2014. 01:57 PM | Likes Like |Link to Comment
  • 2013: The Year Of Printing Money [View article]
    Actually they don't tell you it is good for you. They say to ignore it.
    Feb 15, 2014. 01:00 PM | Likes Like |Link to Comment
  • Amazon: Why The Giant (P/E Ratio) Must Fall [View article]
    I worked for amzn in Reno. 2005 or so. They had a good warehouse floor personal. They also are like everyone else today they run 2 shifts 12 hours.You work hard 12 hours with half hour off.But the robots your talking about are people who can do that for many years. A lot of them are using uppers to maintain that regiem. Yes you could use mechanical robots to do some of it with the same amount of personal watching them. That doesn't even make sense but it gives a robot maker a job.Their pay was 11 dollars hour for someone who knew little.Just a big mail order operation filling semis for transportation to where ever. When i was was working construction production was the key to making money. That only lasted tell the unions got control.Then it was pensions and medical. All was lost in 1980 resession. for awhile . But it never really came back.McMansions took the place of production. You know where they went.Now government subsidzed. SAD.But to me envirremental regulations are what has destroyed all working classes And guess what in many areas there is no that.Does that mean that the free market is doomed. NO. It means government is doomed eventually to carrying on the same facade of controlling markets and lieing about fundamentals.Which eventually spells a deflationary collapse in a sane society.A hyperinflationary collapse in most societies probably starting in the east since they are the most populated.But most people know this.They just don't want or need to talk about it.So if they have anything at all they are getting out of Dodge.There will be few if any leaders worth 10 cents to fix the problem. And really you should understand this. People leaving the grid will accomplish one thing.Hard feelings from those who cannot.Legalizing drugs is just the start.Trying to confiscate guns will be the end for america. But not for the world. The world will survive until another space object smashes it.TEll then we are stuck with 0and1s. Have a happy landing wherever it is. Nothing is forever and forever does not exist.
    Feb 12, 2014. 04:25 AM | 1 Like Like |Link to Comment
  • If You Own Gold, Sell It And Buy Platinum! [View instapost]
    Here is what I mean by looking at charts.There is a 30 year double top in gold at 850 or so.1980-2009.Close to that anyway. In 1980 interest rates were at 15%-20% depending long and short not far from each other. The dow at 800 in 1980==15000 or something in 2009 or 8 whenever the top was.Rates at5% and crashing to nothing from 2008 till now. So you don't see why a person collecting 1200 in SS is bummed without a pension?LOL. Here we here DEFLATION with a debt 3 times of GDP.LOL. Bonds are stuck in dodo.Stocks depending on what your thinking about are worse than DODO. Now the top 10% obviously have no worries.YET.Just one more war like Vietnam will shoot the messenger in the mouth. So I think the double top at a 30 year span apart in gold is a resistance to the first leg of the new bull market in gold. 2009 the line stretches to.800 to 1900 is 1100.Half of that 550 from 1900 is 1350. We hit 1170 something and the dow is at 16000? lol. With the charts zipping around with all this money in just a few hands it is quite hard to believe that there is no inflation with crude oil around 100 average. average for crude during the 30 year was 25. Food meats, bullshit items on your extras on cars,trucks Vans.Electronic gadgets meant to moniter your citizens and now legal marijuana and no juice from the drug trade.
    You have to be kidding me.The dollar is just a toilet tissue waiting for you to grab it and wipe out. You know I suppose you guys will save this joke and put it on Utube. I have seen many jokes on Utube about the present situation. Survivalist,Martial lawists ,Excuseist galore,Blameists==the list is long.
    So i figure gold and cash is the only thing left for mediocre poor people with a little stash and nothing is left for the downright addicted addicts living from payday to payday. Depending on your age of course. For me at 64 I wish I had that 200,000 BUT NO.
    But I can still pretend.with what I do have.Keep monitoring the sillies and hope for luck in other endeavors besides stocks and bonds.
    Good LUCK
    Feb 3, 2014. 03:36 PM | Likes Like |Link to Comment
  • If You Own Gold, Sell It And Buy Platinum! [View instapost]
    Depends on the amount of money you have weather you could consider buying the metals.Then there is your age. Then there is your countries geo political situation.
    Here goes my thoughts. I'm 64. I remember the 70s well. I read many charts in those days but knew less than I do today.Anyone comparing today to the 60s and 70s are just not telling you anything of which you can judge your buying and selling with.Their explanation of the charts are crude if not manipulative.Gold price was down to 250 in year 2000 or something. The extreme opposite of that value would be if the gold price were at 10,000 today.Hard to beleive huh! Its even worse when you factor in the derivative games and bond market. Bonds are unable to sell today. In essence all that is left is stocks and derivatives holding them up.A few stocks are what would be considered worth holding . The rest are heading for the floor over time maybe not a long time. Buying bonds would be totally insane if your young say under 40.If your old with a lot of money they would be safe if you can stand watching what they will do over 30 years tell you get your principal back. Speculating in options or hedge funds is a sure looser against big banks and politics. That leaves 2 places left. Cash and gold and other monatary type metals. Housing depending.In a socialist environment housing is like joining the slave trade.Safe maybe unless freedom takes the reins. Just like cars houses can be built a lot cheaper. Not allowed today.Those who have paid their houses off still have a tax bill subject to political winds of whoever. Government and the unions who vote them in probably along with some assholes.If freedom takes over the ones with paid off homes will be rich in spirit maybe not in cash though.I don't know.If you have today a pension and 2500 a month you think you can rely on forever, a paid off house of or no house,a couple hundred grand in the bank or stashed I would go half and half on gold and the cash until death do us under.Trade in and out when you have to, never worrying about price.say from the age 30 something to 50. The other age groups if they are educated in the fine art of theft by generational change can afford to play it by ear a little more. You will learn as you go along. Fail and succeed. That is what we all do.Baring a nuec exchange you'll make it.Today debt rules.Tomorrow it may not.
    Feb 3, 2014. 08:53 AM | Likes Like |Link to Comment
  • Why Eric Sprott Likes San Gold Corp. [View instapost]
    They are in the sweet spot
    Feb 3, 2014. 08:11 AM | Likes Like |Link to Comment
  • Why Gold And Silver Will Break To New Lows, Then Rise [View article]
    Warren Buffet to buy grade 70s Gold coins. Any kind you would like to sell ,if you can beat the price set by Soros.
    Dec 30, 2013. 07:06 AM | Likes Like |Link to Comment
  • Why Gold And Silver Will Break To New Lows, Then Rise [View article]
    Excellent commentary. Excellent! My hat is off to you sir.
    Dec 30, 2013. 07:06 AM | Likes Like |Link to Comment
  • 2013: The Year Of Printing Money [View article]
    Did you know that a one ounce silver dollar buys the same amount of oil as it did 50 years ago? It also buys about 3 times the amount of gasoline as it did in 1965 when gasoline was about 30 cents a gallon give or take a few cents. In texas it was 15 cents a gallon which is comparable to today.
    I would have to say then with this information that the central banks and a few millionaires must be buying Gold ounces.
    However food is quite expensive and rent is quite expensive and the unemployment rate adjusted to the way it was calculated then to now is different. With that info I would think that the rate of inflation would be different.
    And last but not least The government has grown substantially.
    Any comments will be read
    Dec 17, 2012. 09:27 AM | 1 Like Like |Link to Comment