Seeking Alpha


Send Message
View as an RSS Feed
View howard26's Comments BY TICKER:
Latest  |  Highest rated
  • What Does The Year 1941 And Gold Have In Common? [View article]

    Avi has been giving buy signals for longer term investors in physical metals. Even he has been dollar cost averaging in down here.

    Better to buy a couple of hundred above the bottom than miss it altogether.

    You can shop around, but Doug Eberhardt has a nice webpage at and it is worth a visit if only for information. Opinion is my own and I do not work for nor do I know Doug Eberhardt.

    Best of luck in your trading/investing.

    Nov 25, 2014. 11:01 AM | 1 Like Like |Link to Comment
  • Are You Preparing For $10,000 Gold? [View article]

    If you are buying physical gold, why wait until the " final bottom"? Wouldn't you hate to miss a potential 300% climb trying to pinch the bottom 200 bucks out of an ounce? How about grabbing some down here (in Avi's 105-95 range on this next drop) and hold some cash back for the final bottom when it happens. That way you don't miss getting in if Avi is a little off on his analysis - something even he admits to?

    I believe Avi even mentioned that he has been averaging in recently on the purchase of physical coinage. Also, although I don't have the link, you can find an article written by Avi recently featuring the goals of the longer term investor of physical metals.

    PS: Stick a link in here when your article comes out on SA please. I am one who likes to read other's ideas as well. If you have something to offer, I would not want to miss an opportunity to read your contribution. Thank you.

    Best of luck to you.
    Nov 24, 2014. 10:33 AM | Likes Like |Link to Comment
  • Russia: no plans to reduce oil output [View news story]
    Russia trying to fracture OPEC, OPEC trying to fracture the U.S. Frackers, and the U.S. trying to fracture Russia ..... Hmmm vicious cycle.

    I really don't know how Russia can decide to cut back production. As Hispeed says they are already hurting and raw materials are the backbone of their exports and overall economy.

    Interesting to see how this will turn out.
    Nov 22, 2014. 05:12 PM | 4 Likes Like |Link to Comment
  • Gold bid disappears - down $20 in minutes [View news story]
    FOMC doesn't matter. Oh, yes, I have seen gold spike/dip right after an announcement, but within 48 hours the price gives it back. So unless you are a day trader, this won't matter. Go back and look at the charts.
    Nov 19, 2014. 11:49 AM | Likes Like |Link to Comment
  • Are You Preparing For $10,000 Gold? [View article]

    Just remember one thing: Has anyone ever seen a Brinks truck in a funeral procession?

    I hope you are still around for many years, however one has to decide at some point it actually might be more fun to spend some of it! :^)
    Nov 17, 2014. 11:59 AM | 4 Likes Like |Link to Comment
  • Are You Preparing For $10,000 Gold? [View article]

    Go to and then talk with Doug Eberhardt. They have a nice selection of precious metal products. He writes blogs and thoughts on the website which will give you insight on when will be a good time to buy and what product would be best for you to purchase based on your investing goals.

    If you are wanting to hold physical metals, you can't go wrong with the 1 ounce coins. And the US Eagle, Canadian Eagle are good choices.

    Look into the IRS rules when it comes to selling the coins as there are some interesting reporting requirements based on type of coin or bar sold. If you hold them and transfer to beneficiaries upon your passing, someone will eventually want to sell the coins so some tax rules may play into your decision.

    If you are interested in the GLD ETF (most traded by volume), use it as a trading vehicle only and don't stay in it long. You will come to that conclusion after reading the prospectus. You should really read the prospectus on any thing you put money into.

    Best of luck to you. You won't be disappointed with physical.

    PS: I have never met Doug Eberhardt, but have read his ideas and articles. The choice of coin is just my opinion and others may have more to offer.
    Nov 17, 2014. 11:57 AM | 2 Likes Like |Link to Comment
  • Are You Preparing For $10,000 Gold? [View article]
    Ha! There is nothing like presenting a palatable risk/reward equation to justify further exploration of space. I have been wanting to see this since the end of Apollo! Thanks EN.
    Nov 17, 2014. 11:41 AM | Likes Like |Link to Comment
  • Are You Preparing For $10,000 Gold? [View article]
    Is it possible Paulson sold his GLD shares because, not only does he think there is an imminent threat to the dollar, but there also could be an imminent threat to the GLD? Perhaps he sold his shares to purchase physical? Just a thought. He is probably keeping close eye on the remaining shares.
    Nov 17, 2014. 10:30 AM | 1 Like Like |Link to Comment
  • Are You Preparing For $10,000 Gold? [View article]

    When the equities market falls, 75% of the time any given stock will also drop in price. No matter the stock or company. Miners may hold out and be stronger initially, but if the equities market falls in a big way, I am not sure if one would want to own stocks on the way down.
    Nov 16, 2014. 11:18 AM | 1 Like Like |Link to Comment
  • Still Lower Prices Ahead For Oil? [View article]
    Good call, Fish. Although I am somewhat of an Elliottician, I like your logic.
    Nov 16, 2014. 10:38 AM | Likes Like |Link to Comment
  • GLD: Please Do Not Overreact - Part 1 [View article]

    Good point. If one buys some now, and we get another chance in a few months to add to it - great. It would be curious what the price would be now (or at Avi's local bottom call) vs. the price at the true bottom in Q1, when one adds the premium above spot to be expected then.
    Nov 10, 2014. 11:50 AM | Likes Like |Link to Comment
  • Here's Why Gold Prices Have Been Declining [View article]
    I have always wondered "what if I fall and whack my head, then forget where I put it....." And if you tell someone else in case you conk yourself on the head, you have defeated the purpose of keeping it in the yard.

    Then there is that pesky neighbor kid who just got a metal detector for christmas..........

    Always something, huh?
    Nov 7, 2014. 09:40 AM | 7 Likes Like |Link to Comment
  • The 'Real' Reason Gold Will See $5000 [View article]

    Agree with above re: lack of differences between Republicans and Democrats. And totally agree with the "socialist vs. moralist" comparison. My complaints about the Republican party is as yours: interjecting "moral issues" into politics.

    Take a look at the Libertarian Party platform. Fiscal conservatism, pro personal responsibility, and keeping government out of personal decision.
    Nov 6, 2014. 10:12 AM | 1 Like Like |Link to Comment
  • GLD: 'I Am As Mad As Hell, And I Am Not Going To Take This Anymore' [View article]
    Its the rocket...............

    They are gonna find out the Russians blew it. After all it was using rehashed Russian engines designed in the 60's for their old "moon program". Didn't any one know the Russians are upset over European sanctions, US support of EU sanctions, the price of oil being held down causing havoc to their economy, and the fact some of the engine parts were made in the Ukraine.........

    Ooooh, did I just say "Ukraine" ??? Oh oh, I am turning into a sheep!!!

    I am enjoying all the humor here, as well as Avi's prophetic tease for his weekend article.
    Oct 29, 2014. 11:09 AM | Likes Like |Link to Comment
  • GLD: 'I Am As Mad As Hell, And I Am Not Going To Take This Anymore' [View article]
    Lets hope the vaccine is not so rushed through that the side effects end up being as bad as the virus it is supposed to kill.
    Oct 27, 2014. 10:50 AM | Likes Like |Link to Comment