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Road Running

Road Running
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  • Alpha Natural -4.6% following Q2 report [View news story]
    we now have a market for outdoor wood furnaces that did not exist ten years ago. I suggest they start tapping into that.
    Aug 2, 2013. 09:32 AM | Likes Like |Link to Comment
  • Detroit Broke City [View article]
    it has to be taken over and run by the Federal Government ala Baghdad. just let the military start rolling through the streets...the everyone know who's in charge...then start the process of getting an "independent and viable Detroit." there are many more already on the way if not in existence already...cities most people have never heard of but some they have...and many big one's on the way if DC screws this one up too.
    Aug 2, 2013. 09:07 AM | Likes Like |Link to Comment
  • The Rules, Part XLVII [View article]
    the classical keynsian policy was not to eliminate the business cycle but to mitigate it's disastrous consequences. how got from there to "preemptive bank bailouts" is a mystery to me.
    Jul 26, 2013. 12:58 PM | Likes Like |Link to Comment
  • Laclede: A Utility With A Healthy Dividend And Potential Catalysts - Is The Price Right? [View article]
    a natural gas utility can't increase rates? really? then indeed not only should it be sold...it should not be bought.
    Jul 26, 2013. 09:17 AM | Likes Like |Link to Comment
  • SA Pro Insider's Report, Thursday July 25 [View article]
    wow...really? no thanks. I think I'll let the market front run me the old fashioned way...by buying positions I already own instead of the one's they already do.
    Jul 26, 2013. 08:51 AM | Likes Like |Link to Comment
  • Silver Bulls Should Consider Aurcana Corp. [View article]
    I don't know. lot of interesting plays in the silver space right now. this would not be my prime operating space at this time.
    Jul 26, 2013. 08:45 AM | Likes Like |Link to Comment
  • Homebuilder Horton - Hold, Fold Or Double-Down? [View article]
    good money after bad. what is the investing thesis here? what "value added" is being produced? these are all inflation hedges...protection against a fear that we all now know is WAY overblown. you need to define what your asset base is here buddy....and how these companies plan on growing it. if I can't make money getting gold out of the ground then obviously slapping up yet another McMansion is going to have it's issues as well. that issue of course is the decline and fall of Government subsidies that serve only to create a housing bubble.
    Jul 26, 2013. 07:02 AM | Likes Like |Link to Comment
  • More on Japanese inflation. CPI +0.2% in June vs -0.3% in May and consensus of +0.1%. CPI excluding food +0.4% vs flat and +0.3%. CPI excluding food and energy -0.2% vs -0.4% and -0.3%. The 0.4% rise is the most since June 2008. Much of the rise in inflation has come from imported materials such as energy and other commodities due to the falling yen, with electricity prices jumping 9.8% and gasoline 6.4%. Now what Japan needs is rising wages so that consumers can afford the higher costs. (PR[View news story]
    really is that all?
    Jul 26, 2013. 06:41 AM | Likes Like |Link to Comment
  • China has ordered over 1,400 companies in 19 sectors to reduce excess output this year as part of the government's strategy of re-balancing the economy. The firms affected include those in the steel, ferroalloys, electrolytic aluminum, copper smelting, cement and paper industries. "This is a real move and is very specific," says ANZ economist Raymond Yeung. "They maintain the overall tone that they’re not focusing on the quantity of growth but the quality of growth." [View news story]
    leave it to a Governmet...a communist one at that...to see excess production as a bad thing. how ironic. of course you can't have capitalism without surpluses.
    Jul 26, 2013. 06:17 AM | 3 Likes Like |Link to Comment
  • Consumer stocks - both staples (XLP, FXG, VDC) and discretionary (XLY, VCR, PEZ) - have valuations that look stretched out, warns Ronald Thomas. The analyst exudes caution after taking a pulse on the economy and checking in on Treasury yields. To buy the sector now is a bet on 4% GDP, according to Thomas, or put another way - "the Fed's Kool-Aid does not justify valuations." [View news story]
    the bulk of the energy and resource boom to date is in hot climates. can you say "consumption." coke, utx, GE...and those are the easy picks. in return comes natural gas, coal and obviously banking. throw in pipelines, railroads and bailouts...it's almost over kill actually.
    Jul 25, 2013. 02:31 PM | Likes Like |Link to Comment
  • Business Investment Picks Up [View article]
    the numbers are too big. we have a winner and his name is Karl Marx. unlike the Banks the Government came in "guns a blazing" in support of the means of production. (Tarp, TALF, zero bound rate policy, HAMP, outright bailouts of Detroit, AIG, the banks) and loe and behold if the means of production didn't soar and commodity prices roll over and die. this country is sprinting down the Innovation Trail right now and all I can say is "make way." the good news to me is that housing is rolling over here. it is a total waste of capital coming out of a recession...I think those who went hog wild in this space have gotten what they deserve (steep losses now.) the only way for a housing market to recover is through rock bottom prices. excepting california and Florida I think we have a long way to go here. having said that there is nothing holding back growth in the US economy right now. the speed of the recovery in equities has truly been astounding. normally after a "2008" you're looking at decades or more.
    Jul 25, 2013. 01:49 PM | Likes Like |Link to Comment
  • Climbing The Ethanol Blend Wall With Biodiesel [View article]
    fuel usage is beginning a long glide path to oblivion. even commercial vehicles can run on batteries now. the loss of this massive market is having profound consequences of which the biggest is natural gas as the substitute for the entire energy complex. (no refining necessary!) obviously the days when the USA feels a need as State policy to bankrupt itself "for the goo" are going to be seen looking back as quite the madness. the fact that no fuel but from the sun might be all that's needed is quite fascinating indeed. the fact that such a thing could become real as soon as next year should give pause to an industry built entirely on regulatory need.
    Jul 25, 2013. 01:08 PM | 1 Like Like |Link to Comment
  • Consol Energy (CNX +5.2%) shares rise despite a surprise Q2 loss as revenue sank and fewer funds are gleaned from asset sales. Still, CNX is seeing better demand this month for its U.S. thermal coal because of curtailments at some competitors as well as increased power demand. CNX says it is "evaluating our overall corporate structure to consider different alternatives to unlock additional value for shareholders." [View news story]
    these are truly Very Large Corporations. it's almost inconceivable to me how much coal Consol et al produce. the only reason they lose money is that the price of coal has collapsed. that says to me energy prices will stay low for some time and that growth in the economy will improve. in other words "these losses are transitory." not saying buy here...but the name of the game is "buy low/sell high." China isn't the only country needing premium coal at a discount.
    Jul 25, 2013. 12:48 PM | 1 Like Like |Link to Comment
  • Commodities Today: Oil Patch Update And Coal Investors Surprised [View article]
    again if US growth picks up here some of these plays will be deals of a lifetime. obviously everyone of these companies has access to global markets so that's a good thing. more importantly is I think the competitive advantage offered by coal to produce peak load electricity at next to nothing. same goes for making steel...which obviously is a big input cost for defense spending.
    Jul 25, 2013. 10:58 AM | 3 Likes Like |Link to Comment
  • Midway Gold's Production Debut Approaching [View article]
    these things are popping out of the woodwork everywhere now. obviously you need far more detail here to make me interested. having said that the sales pitch is still poor. Barrick et al are really hurting right now and need to raise capital. one way to do that is to have them sell interests in "future production" so they can concentrate on existing mines to start paying creditors for their disastrous forays into some obscure locations. this case would seem to be a possibility but who knows. it's not like ABX is doing anything for their money here.
    Jul 25, 2013. 10:46 AM | Likes Like |Link to Comment
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