Seeking Alpha

nooseah

nooseah
Send Message
View as an RSS Feed
View nooseah's Comments BY TICKER:
Latest  |  Highest rated
  • GLD: And So It Begins [View article]
    There is a structural dollar 'short' in the market as wholesale funding at the major global banks is collapsing, which could lead to a rather damaging spike in the dollar in the coming months.

    There have been one or two lone voices suggesting we'll see the DXY rally to 110-115 area as a result. Can you begin to imagine what that would do to ALL markets?

    Despite commodities having been battered already, such a move in the DXY would send them to much lower lows in short order and, for the nimble, would represent a genuine 'once-in-a-lifetime' buying opportunity as the Fed would have to respond instantaneously with a massive injection of dollar liquidity to alleviate dollar tightness.

    Given the lack of liquidity that would likely exist in asset markets it would be difficult to 'fill your gold boots' but any exposure you could get would, no doubt, turn out to be wildly profitable in the long run.
    Jul 28, 2015. 07:13 PM | 1 Like Like |Link to Comment
  • Will The Fed And China Bring GLD Back Up? [View article]
    GLD is headed lower because the USD story is set to dominate commodity prices in general in the weeks and months ahead.

    However, we are likely approaching a bottom in precious metals and commodities so, for the longer-term investor, a prime opportunity beckons particularly in light of the alternatives.
    Jul 28, 2015. 03:29 AM | 2 Likes Like |Link to Comment
  • Apple: Fiscal 2015 Was OK, But Fiscal 2016 Shaping Up To Be A Better Year [View article]
    Lots of "hope" in this article.

    I "hope" to win the lotto this weekend.

    You get the picture ..
    Jul 24, 2015. 07:04 PM | 4 Likes Like |Link to Comment
  • Commodities head deeper into the red [View news story]
    Tai Yu
    You accord the Fed too much respect. Can you not see what they've done here?

    They lower interest rates to zero to stoke DEMAND but instead just keep sick and ailing companies afloat (to sustain employment) but it leads instead to over-capacity.

    The Fed wants inflation to erode the debt but instead stokes DEFLATION through over-capacity -- this is why commodities are tanking: too much supply (caused by ZIRP) swamping anaemic demand.

    The job market is nowhere near as strong as the official figures suggest and the consumer is tapped out so ZIRP has negligible effect on demand.

    Bill Bonner described the people at the Fed as High-IQ Morons and that pretty much sums them up. The Fed has done nothing but damage to the economy since 'saving' the banking system back in 2009. In fact what actually saved the banking system was the repeal of FAS159 in the accounting rule book.
    Jul 23, 2015. 06:34 PM | Likes Like |Link to Comment
  • Commodities head deeper into the red [View news story]
    It's happening in front of your eyes - you just need to be qualified to see it.

    If you're asking me where I see the precise bottom, only a fool would attempt such a forecast, but any time you buy in the next few months is bound to be a good entry point.

    Commodities are not going to zero.

    Profit-less social media and digital companies on the other hand ....
    Jul 22, 2015. 10:14 PM | 2 Likes Like |Link to Comment
  • Apple's (AAPL) CEO Tim Cook on Q3 2015 Results - Earnings Call Transcript [View article]
    Umm ... truth hurts, no?

    You guys are like religious nut-jobs. One day the stock will just expire and you guys will still be banging the drum and singing the Jobsian anthem.

    How do I break this to you gently .... God doesn't exist!

    There ....
    Jul 22, 2015. 06:56 AM | 1 Like Like |Link to Comment
  • Commodities head deeper into the red [View news story]
    Classic washout ... commodities are already down some 70-80% from their peak and the selling is beginning to accelerate. Part of this is acknowledgement that we are heading rapidly into a global recession and part is collateral-based.

    This is not so much about interest rates as a rapid deleveraging within the Eurodollar system. How long before Yellen is left with no choice but to print another few trillion just to keep the banks functioning ... and the realisation that without constant 'support' the system collapses.
    Sit tight, keep some powder dry and look forward to one to the greatest investment opportunities of this decade: commodities, gold ... whatever hard commodity floats your boat.

    (Just get remember to get rid of your consumer stocks)
    Jul 22, 2015. 06:27 AM | 13 Likes Like |Link to Comment
  • Apple's (AAPL) CEO Tim Cook on Q3 2015 Results - Earnings Call Transcript [View article]
    Oh dear, the AAPL bulls are squirming ...

    But .. but ... how could this 'sure thing' tank 7%??!!

    I have more Apple devices than most normal people but no company (particularly a consumer goods company) can sustainably remain on the current steep trajectory. It's an irrefutable fact.

    Added to which the global economy is sinking into the mire and consumption will decline steeply as a result. Take off the rose-tinted glasses folks, put down the Kool-aid and start soaking up reality.
    Jul 21, 2015. 09:44 PM | 7 Likes Like |Link to Comment
  • Citigroup Is Underappreciated [View article]
    Complete nonsense. Citi is very much appreciated ....

    ... by the 'legendary' Dick Bove.
    Jul 20, 2015. 08:15 PM | Likes Like |Link to Comment
  • Bove makes bull case for banks [View news story]
    Ah, the legendary Dick Bove!

    The guy who, in March 2008, said that you would never see a cheaper opportunity to acquire Citi stock than right then (it was trading in the low $30s) ....

    ... and then it crashed to around $1!!

    Anyone who believes this guy, or indeed thinks he has an ounce of credibility, deserves all that is coming to them. Enjoy your poverty paups!
    Jul 20, 2015. 07:08 PM | 2 Likes Like |Link to Comment
  • Is The Shiller P/E Wrong About Valuations? [View article]
    You can criticise Shiller's CAPE ratio all you like but when just about every other indicator is flashing red at the same time you can safely say there is little doubt over valuations.

    It is true that the CAPE and other measures are not great for market timing, but then, there is no reliable indicator in existence (for obvious reasons).

    As an investor you can, of course, assess the risk (upside versus downside) and trade accordingly and right now the risks seem as skewed as they've been since, oooh, lemme think now: 2007, 2000 ... and so on.
    Jul 6, 2015. 06:52 AM | 2 Likes Like |Link to Comment
  • Alexis Tsipras's Critical Miscalculation - It Serves Stocks This Week [View article]
    Oh dear, Markos ..... I hope you weren't long the S&P500 cause I think you've just been stopped out ..
    Jul 5, 2015. 06:26 PM | 2 Likes Like |Link to Comment
  • Will The Greek Referendum Spike Gold? [View article]
    Er, yes .... about 6 bucks, so far ...
    Jul 5, 2015. 06:24 PM | Likes Like |Link to Comment
  • A Simply Outrageous Call On Gold [View article]
    It is truly debatable that a 50 yr forecast has much value to anyone.

    Besides, the dollar is unlikely to exist (in its current guise) in 10yrs, much less 50yrs, so for this forecast to have any relevance Avi would have to clarifiy if $25,000 was in constant dollar terms. If it isn't, inflation over the next 50yrs would likely easily get gold to $25,000 all on its own i.e. 'real' value unchanged.

    The technicians will be able to trade the short-term moves but gold's medium future will be determined by the path taken to fiat's denouement.
    Jul 3, 2015. 12:26 AM | Likes Like |Link to Comment
  • Apple caves on music streaming royalties [View news story]
    Things must really be going well for Apple if they insist on not paying artists for this trial period:

    "We're so big, music needs us more than we need them." Poetic indeed.

    After the U2 'free' album debacle you'd have thought Cook would have learnt his lesson, but no ..
    Jun 22, 2015. 06:46 AM | 2 Likes Like |Link to Comment
COMMENTS STATS
549 Comments
994 Likes