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dreadlordnaf

dreadlordnaf
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  • Why Hyperinflation Is A Myth (And What It Means For Gold Prices) [View article]
    Wow, Macro misses the single largest factor in why the expansion of the monetary base so far has not resulted in price increases. It has nothing to do with his copied and pasted econ 101 explanation above. It has to do with the fact that we export inflation. Because 2-3 billion people around the world live in countries which peg to the dollar we can export the impact of inflation to those people. In essence we (America) can create money out of thin air, enjoy the benefits of that new money, but distribute the pain of decreased purchasing power over billions across the globe thus mitigating the impact on ourselves. This occurs because of those countries currency peg.

    This is the only reason prices haven’t risen as much. If other countries ever decide to float their currencies and break the peg, which will happen one day, we are f’d big time.
    Feb 12 10:50 AM | 3 Likes Like |Link to Comment
  • Precious metals go into the tank on chatter the G-7 is set to issue a statement in which all will pledge to get along with regards to currency devaluation. The G-20 meets in Moscow at week's end. GLD -1.2%, SLV -1.5%. [View news story]
    Did you forget your meds again?
    Feb 11 03:42 PM | 1 Like Like |Link to Comment
  • How Safe Are Exxon Mobil's Juicy Dividends? [View article]
    If 2.5% is "juicy" then I would be interested to hear your adjectives for dividends in both the 1% range and the 5-7% range.
    Feb 7 04:46 PM | 2 Likes Like |Link to Comment
  • A Quality Silver ETF Poised To Grow [View article]
    I like SIL a lot. I own many of the underlying companies individually but it is a lot of work to keep up to date on those investments. I think one day when I no longer have the time for this I will invest in SIL instead.

    I originally went the route of individual companies because I felt there were a few gems out there greatly undervalued compared to their peers. Today though, it seems like most of the miners are undervalued.

    Question I have always had about ETFs though that perhaps you know and is relevant to SIL: What do they do with dividends? Do they just reinvest them and it becomes part of the total return? Or do they pay them out to ETF share holders?
    Feb 7 02:47 PM | Likes Like |Link to Comment
  • Initial Jobless Claims: 366K vs. 360K consensus, 368K prior. [View news story]
    Your analysis is flawed on so many levels. First off the unemployed get government benefits that increase the more of them there are. This money does not come from magic.

    Second you cling to the Keynesian myth that spending equals economic growth. It doesnt. Otherwise the US should be in a utopia by now.
    Feb 7 02:35 PM | 1 Like Like |Link to Comment
  • Kevin Puil: $4/lb Copper Is On Its Way [View article]
    Sweet. Im gonna be rich!
    Feb 7 11:03 AM | Likes Like |Link to Comment
  • Kevin Puil: $4/lb Copper Is On Its Way [View article]
    Interesting. How much does a penny weigh? Would $4/lb copper make one pound of pennies worth more for its metal copper value than face monetary value?
    Feb 6 02:54 PM | Likes Like |Link to Comment
  • Amazon's Margin Myth: Sleight Of Hand [View article]
    Interesting. Have you done an article about this predicted price/model of yours? If not it would be interesting to see.

    Oh and a suggested critique of this piece. You should always spell out abbreviations or acronyms, such as 3P the first time you use them.

    Otherwise great investigative article!
    Feb 6 02:39 PM | 4 Likes Like |Link to Comment
  • Amazon's Margin Myth: Sleight Of Hand [View article]
    Glenn - They are stupid. These are the same people who thought the DOW was going to 30,000 back in the 1999 and that housing would go up forever. They just seem "not as stupid" up until the moment their stupidity becomes crystal clear. Though a lot of people could see through their stupidity even before that.
    Feb 6 02:27 PM | 6 Likes Like |Link to Comment
  • A Mexican Silver Takeover [View article]
    Ah man I saw the title of your article, then one of the tagged stocks that I own, and thought that the Mexican government was nationalizing them, until I clicked and read it. You need to pick less panic inducing headlines, hah.
    Feb 6 09:57 AM | 2 Likes Like |Link to Comment
  • Petrominerales: Remains Undervalued But Is High Risk [View article]
    Ive owned Petrominerales for awhile. Happy with the steady div while I wait for exploration, drilling, and other investors to find the stock.
    Feb 5 11:07 PM | 1 Like Like |Link to Comment
  • Why The 'Currency War' Meme Is Useless [View article]
    I think someone doesn't understand the meaning of the word "meme."
    Feb 4 12:21 PM | 2 Likes Like |Link to Comment
  • Activision Blizzard: Why Earnings Will Decline [View article]
    A lot of Blizzard apologists out there... The author has provided the charts and figures but just walking through a narrative reveals the same story. Blizzard is Microsoft 10 or 15 years ago. A company that peaked through some innovative products that blew away the competition, but whose innovation has now stagnated. Like MS they arent going away and will continue to be a financial success, just dont expect the growth you are use to.

    Anyone who has played their recent games deep down sees the lack of innovation that has carried over in their recent games. D3 was greatly underwhelming, it felt like an expansion and UI lift for D2, compared to the leap D2 was from D1. SC2 while still fun is just the age old RTS formula with a few twists. WoW, what can I say about WoW... Its like a big shopping mall. Its now got a little something for everyone in the MMORPG world, sticks to solid concepts, but doesn't really do anything ground breaking anymore.

    I would argue this shopping mall concept is the reason WoW is still competitive. If you want good single player questing mechanics play GW2. If you want mass fun pvp, play Planetside 2. If you want a huge player driven trading/crafting environment play Eve. Currently though no game combines all these elements as well as WoW, but that is only a matter of time. And with more games going to alternative payment schemes, F2p etc, who is to say that playing three different games isnt any more expensive than a WoW subscription. In fact I play the above 3 games. Having played MMORPGs since UO in 1997 I can say there is one fundamental law that has applied to every game: eventually they all go to the wayside....
    Feb 2 08:19 AM | 2 Likes Like |Link to Comment
  • Activision Blizzard: Why Earnings Will Decline [View article]
    Agree with most of your article but I think your understanding of the purpose of the pro gaming events is off. The purpose of those is not to make a profit in and of themselves. They are in fact an alternative form of advertising for the underlying game. Problem is for games like SC2 its an all or nothing form of advertising. Either watching the tournaments makes you want to buy a copy of SC2, or it doesnt. And if you already own SC2 then there is little additional monetization that can result from this form of advertising. Thus I think pro gaming events as advertising are better suited to games with incremental monetization like League of Legends. Where after watching a pro tourney, it can excite you to spend a few dollars, or many, on new champions and/or skins.
    Feb 2 08:03 AM | 1 Like Like |Link to Comment
  • California gets its first upgrade from S&P since 2006, the agency hiking the rating on the state's general-obligation bonds to A from A-. "The economic expansion is gaining positive momentum," and the approval of higher sales and income tax rates "positions the state to capitalize on burgeoning economic activity." S&P should ask Phil Mickelson about that one. [View news story]
    Those statewide maps of which state gives more etc are flawed and only useful in partisan arguing matches. If you notice, many of the states which show negative are small states but with huge a Federal Government presence, especially things like military bases, like New Mexico. The presence of that base is neither an indication of the culture of the people or their economics, but the whims of politicians long ago who decided where those bases would be.

    Second showing a state like Delaware "giving more" is ludicrous. Delaware is the closest thing to an offshore tax haven within the continental US. That is why so many companies have their corporate HQ their on paper. Again this doesnt so much mean that Deleware folk are more "giving" but that their tax shelter strategy has been successful and as a result more corporate earnings, and hence more taxes paid on those earnings, are attributed to their state.
    Jan 31 11:28 PM | Likes Like |Link to Comment
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