Tony Daltorio's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/81218/comments http://seekingalpha.com/article/181000/comments?source=feed#comment-836336 836336
Like the Federal Reserve, you are missing the most destructive type of inflation - asset inflation. Look at the US Treasury market or stock market - both trading at bubble levels and will implode at some point.]]> Wed, 06 Jan 2010 15:18:45 -0500
Like the Federal Reserve, you are missing the most destructive type of inflation - asset inflation. Look at the US Treasury market or stock market - both trading at bubble levels and will implode at some point.]]> http://seekingalpha.com/article/181000/comments?source=feed#comment-836333 836333
That is why the dollar is dropping and other asset markets are outperforming the US stock market.]]> Wed, 06 Jan 2010 15:16:28 -0500
That is why the dollar is dropping and other asset markets are outperforming the US stock market.]]> http://seekingalpha.com/article/180963/comments?source=feed#comment-836162 836162
The problem is 100% right here in the US with the ruling Elites - Wall Street and the one-party political system in Washington.

And I did say one party - there is NO difference between the Dems and the Reps - Bush or Obama - they all interested in maintaining the status quo and enriching themselves while they're at it at the expense of the 'peasants'.]]> Wed, 06 Jan 2010 13:52:07 -0500
The problem is 100% right here in the US with the ruling Elites - Wall Street and the one-party political system in Washington.

And I did say one party - there is NO difference between the Dems and the Reps - Bush or Obama - they all interested in maintaining the status quo and enriching themselves while they're at it at the expense of the 'peasants'.]]> http://seekingalpha.com/article/180860/comments?source=feed#comment-834412 834412
Two problems with the government pension plans in the US:

1) too much has been promised - entitlements need to be cut.

2) too much 'professional' Wall Street money management - if the money was managed better, maybe having more allocated to emerging markets and commodities, there wouldn't be such a black hole after investing too much into US "blue chips" like GE and other garbage.]]> Tue, 05 Jan 2010 15:52:17 -0500
Two problems with the government pension plans in the US:

1) too much has been promised - entitlements need to be cut.

2) too much 'professional' Wall Street money management - if the money was managed better, maybe having more allocated to emerging markets and commodities, there wouldn't be such a black hole after investing too much into US "blue chips" like GE and other garbage.]]> http://seekingalpha.com/article/180861/comments?source=feed#comment-834401 834401 "Boo-Hoo, it wasn't our fault - it was the fault of all of those 'cunning' Chinese peasants who were saving their money....."
What a joke!]]> Tue, 05 Jan 2010 15:46:16 -0500 "Boo-Hoo, it wasn't our fault - it was the fault of all of those 'cunning' Chinese peasants who were saving their money....."
What a joke!]]> http://seekingalpha.com/article/180745/comments?source=feed#comment-834372 834372 Tue, 05 Jan 2010 15:27:30 -0500 http://seekingalpha.com/article/180591/comments?source=feed#comment-830480 830480 Sun, 03 Jan 2010 11:43:02 -0500 http://seekingalpha.com/article/180308/comments?source=feed#comment-828924 828924
Do the opposite, continue to invest in China and the emerging markets.]]> Fri, 01 Jan 2010 11:04:05 -0500
Do the opposite, continue to invest in China and the emerging markets.]]> http://seekingalpha.com/article/180304/comments?source=feed#comment-828918 828918
And hey, if you want to rant about manipilation, rant about major manipulation - the stock market.

To the Boyz, like Goldman Sachs, the commodities markets are a drop in the ocean as compared to what they make from the stock market.]]> Fri, 01 Jan 2010 10:58:01 -0500
And hey, if you want to rant about manipilation, rant about major manipulation - the stock market.

To the Boyz, like Goldman Sachs, the commodities markets are a drop in the ocean as compared to what they make from the stock market.]]> http://seekingalpha.com/article/180296/comments?source=feed#comment-826764 826764 Wed, 30 Dec 2009 14:46:30 -0500 http://seekingalpha.com/article/179937/comments?source=feed#comment-823887 823887
Much of the service sector is Unreported in China's GDP numbers since many of the services in China are done on a cash basis.....

So their GDP may actually be even higher!]]> Mon, 28 Dec 2009 13:54:11 -0500
Much of the service sector is Unreported in China's GDP numbers since many of the services in China are done on a cash basis.....

So their GDP may actually be even higher!]]> http://seekingalpha.com/article/179851/comments?source=feed#comment-822903 822903
He is right that the Fed will continue QE and buying Treasuries (all of them,if necessary) as long as they can...but he is wrong in assuming the stupidity of foreigners (who are not stupid).

When foreign investors see that the Fed is the only buyer of US Treasuries, they will sell the US dollar en masse and finally force the Fed, kicking and screaming, to stop QE and raise interest rates.]]> Sun, 27 Dec 2009 18:01:23 -0500
He is right that the Fed will continue QE and buying Treasuries (all of them,if necessary) as long as they can...but he is wrong in assuming the stupidity of foreigners (who are not stupid).

When foreign investors see that the Fed is the only buyer of US Treasuries, they will sell the US dollar en masse and finally force the Fed, kicking and screaming, to stop QE and raise interest rates.]]> http://seekingalpha.com/article/179878/comments?source=feed#comment-822896 822896
Avoid companies exposed to loser economies like the US and instead look at companies with large exposures to winner economies like China & Brazil (many of the Brazilian steel stocks trade on the NYSE).]]> Sun, 27 Dec 2009 17:51:57 -0500
Avoid companies exposed to loser economies like the US and instead look at companies with large exposures to winner economies like China & Brazil (many of the Brazilian steel stocks trade on the NYSE).]]> http://seekingalpha.com/article/179254/comments?source=feed#comment-817502 817502 Tue, 22 Dec 2009 14:37:39 -0500 http://seekingalpha.com/article/179149/comments?source=feed#comment-816136 816136
It is the United States where the government has taken untold billions and given it to the speculators who masquerade as bankers to speculate in the stock and bond markets, not the emerging markets.

And though all economic numbers are subject to questions, it is in the US where the economic statistics are, shall we say, very questionable.]]> Mon, 21 Dec 2009 15:20:33 -0500
It is the United States where the government has taken untold billions and given it to the speculators who masquerade as bankers to speculate in the stock and bond markets, not the emerging markets.

And though all economic numbers are subject to questions, it is in the US where the economic statistics are, shall we say, very questionable.]]> http://seekingalpha.com/article/179057/comments?source=feed#comment-816129 816129 Mon, 21 Dec 2009 15:14:04 -0500 http://seekingalpha.com/article/179064/comments?source=feed#comment-816127 816127
But any drop in Asian markets will pale in comparison to the bubble-level US markets.]]> Mon, 21 Dec 2009 15:11:08 -0500
But any drop in Asian markets will pale in comparison to the bubble-level US markets.]]> http://seekingalpha.com/article/179107/comments?source=feed#comment-816119 816119
And as for not being suited for individual investors because oil is divorced from fundamentals and subject to "manipulation"...

You are quite naive, the "manipulation" in the commodities markets is but a drop in the bucket as opposed to the manipulation of the stock markets...and as to being divorced from fundamentals, can you say bubble stocks like Apple and other tech darlings.]]> Mon, 21 Dec 2009 15:05:39 -0500
And as for not being suited for individual investors because oil is divorced from fundamentals and subject to "manipulation"...

You are quite naive, the "manipulation" in the commodities markets is but a drop in the bucket as opposed to the manipulation of the stock markets...and as to being divorced from fundamentals, can you say bubble stocks like Apple and other tech darlings.]]> http://seekingalpha.com/article/179007/comments?source=feed#comment-814496 814496
What they resent, and rightfully so, is having to have their progress "verified" by the environmental wackos and the United States. Who made the US the world's 'boss'...they are only the world's biggest deadbeat. ]]> Sun, 20 Dec 2009 11:22:49 -0500
What they resent, and rightfully so, is having to have their progress "verified" by the environmental wackos and the United States. Who made the US the world's 'boss'...they are only the world's biggest deadbeat. ]]> http://seekingalpha.com/article/178897/comments?source=feed#comment-813649 813649
"Them durn foreners wouldn't dare not use our dollars - after all, we're Americans and we're entitiled to the best of everything always and without doing any work."]]> Sat, 19 Dec 2009 13:50:13 -0500
"Them durn foreners wouldn't dare not use our dollars - after all, we're Americans and we're entitiled to the best of everything always and without doing any work."]]> http://seekingalpha.com/article/178846/comments?source=feed#comment-812646 812646
But Wall Street and the banks, with the recent exception of Bill Gross are uber-bullish on Treasuries and continue to buy billions of dollars worth every day...

The point to bear in mind is that when this bubble bursts, it is the end for these financial institutions...even Uncle Sam won't have pockets deep enough to bail them out.]]> Fri, 18 Dec 2009 15:14:47 -0500
But Wall Street and the banks, with the recent exception of Bill Gross are uber-bullish on Treasuries and continue to buy billions of dollars worth every day...

The point to bear in mind is that when this bubble bursts, it is the end for these financial institutions...even Uncle Sam won't have pockets deep enough to bail them out.]]> http://seekingalpha.com/article/178443/comments?source=feed#comment-811086 811086
Yes, the unions are a problem,etc.....

But the real problem is Wall Street...if the pensions were run properly, they would not have incurred the huge losses as they did last year.

Instead everyone just goes along with the "conventional wisdom", aka buying S&P 500 index etc., and no one thinks outside the box.]]> Thu, 17 Dec 2009 15:24:32 -0500
Yes, the unions are a problem,etc.....

But the real problem is Wall Street...if the pensions were run properly, they would not have incurred the huge losses as they did last year.

Instead everyone just goes along with the "conventional wisdom", aka buying S&P 500 index etc., and no one thinks outside the box.]]> http://seekingalpha.com/article/178357/comments?source=feed#comment-808953 808953
Why? Because if the Fed doesn't, the dumb ass US banks who keep buying Treasuries (in their wink-wink agreement with the Treasury department) will be in bigger trouble than before, holdings Treasuries which have collapsed in value, and heading for the banking graveyard.]]> Wed, 16 Dec 2009 15:54:50 -0500
Why? Because if the Fed doesn't, the dumb ass US banks who keep buying Treasuries (in their wink-wink agreement with the Treasury department) will be in bigger trouble than before, holdings Treasuries which have collapsed in value, and heading for the banking graveyard.]]> http://seekingalpha.com/article/178182/comments?source=feed#comment-807222 807222
What Obama really wants is for the Fed to continue giving money to Wall Street at 0% so that they will buy Treasuries.

The winners - Washington and Wall Street.

The losers - the once-thriving American middle class.]]> Tue, 15 Dec 2009 16:25:20 -0500
What Obama really wants is for the Fed to continue giving money to Wall Street at 0% so that they will buy Treasuries.

The winners - Washington and Wall Street.

The losers - the once-thriving American middle class.]]> http://seekingalpha.com/article/177836/comments?source=feed#comment-804265 804265 Sun, 13 Dec 2009 19:27:15 -0500 http://seekingalpha.com/article/177540/comments?source=feed#comment-804262 804262

On Dec 10 12:42 PM DrBenway wrote:

> >> The only dark cloud on the horizon is the prospect of increased
> Chinese inflation from the declining yuan.
>
> I can offer a few other dark clouds:
>
> - An unsustainable real eastate bubble (especially commercial). When
> I was in Shanghai, I stayed in half-empty hotels 5 start hotels paying
> about $80 a night
>
> - A huge manufacturing overcapacity. China's prices have actually
> DEFLATED while the economy is supposedly growing at over 8%. Just
> look at any data
>
> - A stimulus-driven non-organic GDP growth. What will happen after
> the stimulus is withdrawn and there's still no one to export to?
>
>
> All in all, it is not a matter of if the Chinese bubble will poop
> but when.]]> Sun, 13 Dec 2009 19:19:00 -0500

On Dec 10 12:42 PM DrBenway wrote:

> >> The only dark cloud on the horizon is the prospect of increased
> Chinese inflation from the declining yuan.
>
> I can offer a few other dark clouds:
>
> - An unsustainable real eastate bubble (especially commercial). When
> I was in Shanghai, I stayed in half-empty hotels 5 start hotels paying
> about $80 a night
>
> - A huge manufacturing overcapacity. China's prices have actually
> DEFLATED while the economy is supposedly growing at over 8%. Just
> look at any data
>
> - A stimulus-driven non-organic GDP growth. What will happen after
> the stimulus is withdrawn and there's still no one to export to?
>
>
> All in all, it is not a matter of if the Chinese bubble will poop
> but when.]]> http://seekingalpha.com/article/177554/comments?source=feed#comment-804258 804258
Commodities and overseas markets are the place to be.

If you want to throw your money away buy the US dollar, US Treasuries and many US tech stocks which will approach their intrinsic value of zero over the next several years.....


On Dec 13 05:15 AM CLH wrote:

> Gold is of little or no importance. The important thing is the dollar
> which is hardly talked about. The dollar is headed up which will
> continue to destroy gold. After 1980 the dollar had a huge peak.
> If you want to throw your money away ---buy gold. The same goes for
> most commodities.]]> Sun, 13 Dec 2009 19:12:22 -0500
Commodities and overseas markets are the place to be.

If you want to throw your money away buy the US dollar, US Treasuries and many US tech stocks which will approach their intrinsic value of zero over the next several years.....


On Dec 13 05:15 AM CLH wrote:

> Gold is of little or no importance. The important thing is the dollar
> which is hardly talked about. The dollar is headed up which will
> continue to destroy gold. After 1980 the dollar had a huge peak.
> If you want to throw your money away ---buy gold. The same goes for
> most commodities.]]> http://seekingalpha.com/article/177396/comments?source=feed#comment-800293 800293
Notice I said investment, not trading. That's one problem with the US - people think one week is long-term.....]]> Thu, 10 Dec 2009 14:41:13 -0500
Notice I said investment, not trading. That's one problem with the US - people think one week is long-term.....]]> http://seekingalpha.com/article/177262/comments?source=feed#comment-798483 798483 Wed, 09 Dec 2009 14:57:21 -0500 http://seekingalpha.com/article/176893/comments?source=feed#comment-796658 796658 Tue, 08 Dec 2009 15:39:11 -0500