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yeti786

yeti786
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  • Gold Has Proven Amazingly Resilient Despite Recent Years' Extreme Headwinds [View article]
    James A. Kostohryz:
    <<"Resilient" is an absolutely "remarkable" way of describing the performance of gold in the last couple of years.>>
    I admire such understated restraint!

    However, not sure about this <"Eastern" debt, lately> bit you mention. In this matter Devil 777 has a point. To my understanding USA and Europe collectively owe China several hundred billion - or is it a few odd trillion? - in debt. Most Eastern peoples live within their means. In sharp contrast all Western peoples live beyond their means, constantly borrowing money they do not have nor generate, their Govts constantly borrowing by selling debt they are not sure how or when to repay. (Why do you think China is quietly converting its USD reserves into gold?) Check out the balance of payments between USA/China - who owes whom how much. If China decides to dump the USD overnight or call for all its debt to be repaid at short notice, USA will be worse than Greece, or as another SA writer put it quaintly, 'less than zero'!

    To the author: I do admire your work, but I really struggle to understand how you view recent international events as head winds for gold.
    Can you please specify what head winds we have other than a strong US $? Amply off set by QE in USA and EU, Greece, Ukraine, mid East shenanigans, a seemingly topping US market with shrinking earnings , Chinese stock market collapse, .... all of which are supposed to be tail winds to further gold price. Instead, gold is sinking continuously.

    'Forever Gold' a-la Goldfinger is a nice motif to live by if one's investment horizon is 50-100 yrs. Those looking at shorter time frames to intelligently invest in gold better pay heed to Avi Gilburt. More than a yr back right here on SA he unambiguously said gold GLD will hit <105, likely sub 100 before any real turn around. So far he has been proven right.

    The best!
    Aug 1, 2015. 02:08 AM | 3 Likes Like |Link to Comment
  • Could The Greek Government Collapse This Weekend? [View article]
    Surprisingly, there appears no overt reaction by China/Russia to take advantage of the situation and establish a firmer toe hold in Europe. Does a fractured Europe harm their economic interests more than a united EU? Or could it be that ensuring Germany/US remain saddled with economically weaker partners is to their strategic advantage? Or, is it that somewhere in one of the many dark alleys of international political intrigue prisoners are being exchanged? Ukraine, the Spratleys and Greece come to mind....

    Maybe my thinking is tangential, too oriented towards cold war geo-politics.
    Jul 31, 2015. 02:20 PM | Likes Like |Link to Comment
  • This Week In Pharma: Xoma's Big Day And Dyax Vs. BioCryst Vs. Shire - Who Will Own HAE? [View article]
    Jerome Verony - Hello! "...write an article as asked for by the majority of commentators :) "
    To what end, now? After the horse has bolted the stable? XOMA is done for, for the immediate future, so it can wait. Better the bird in hand - BCRX, et al where inputs can still be acted upon.

    Why heckle the author with semantics? Let him get on with his research than waste time justifying syntax he uses. Surely you understand what he meant to say, its just a stylized way of expressing feelings/thoughts.

    Anyway, XOMA is burnt toast for now and it takes time for the acrid smoke to clear before one can approach its corpse, let alone dissect it.
    Jul 31, 2015. 08:24 AM | 1 Like Like |Link to Comment
  • Evidence-Based Investing: 5 Easy Reasons Why You Should Copiously Buy Gilead Sciences [View article]
    Hello, 13302632! Yes Sir, I agree with what you say.

    Hello, 7777777 angels (there's always a risk of missing the odd 7 here!)

    1. Steep discount in Developed world: If the medicine retail price is 84K and Japan (amongst the most developed) buys at 32K, is that not a steep discount? If EU also has similar pricing around $22,500 discounted from 84K, what would you call it?

    2. ROW: Many authors project income from ROW in support of their thesis for a higher stock price in the future so I to seek clarification.
    If you consider GILD does not expect any revenue from ROW, tell that to the author who claims so, not me! Quote: "I have five words for the disbelievers in Gilead's growth potential: .... 5. The rest of the world."

    I am neither bull nor bear in my approach; just asking to understand better. In nutshell I am suggesting that GILD profits be calculated more realistically - not at 84K/patient but closer to 25K/patient and consider profits from 2nd world countries as bonus and from 3rd world as an anomaly! If such realistic calculations still arrive at a price target of 260 in next 12m, please let me know so I can break the piggy bank!!
    Thanks!
    Jul 31, 2015. 08:02 AM | Likes Like |Link to Comment
  • Gilead Celebrates Busted Payer Budgets [View article]
    Jonathon Gardner/EP Vantage:

    Bobcat9 has put it succinctly; will not repeat those points. Sadly, I do not see one reply or a single rebuttal to the sundry questions posed here to you; or a lucid defence of your argument supported by documentary evidence that GILD's medicine is costlier than other alternative lines of treatment available - such as a liver transplant and other temporary alliviatives - prior to introduction of a confirmed cure by GILD.

    If the number of clicks is your primary objective, here's an equally controversial but more novel writing idea - How much are the middlemen such as Express Scripts (its senior Management and their ilk) costing the patient/tax payer? In my lexicon there is a befitting synonym to middleman - parasite.
    Jul 30, 2015. 10:13 PM | 7 Likes Like |Link to Comment
  • Evidence-Based Investing: 5 Easy Reasons Why You Should Copiously Buy Gilead Sciences [View article]
    Thank you for this piece. One very important factor needs elucidation: The value of GILD's products outside USA.
    As I see it, the developed world outside USA has already secured a good price by way of steep discounts at the cost of GILD's bottom line. This is being further eaten into by the competition.
    ROW (the rest of the world, as you put it) enjoys this product virtually free by way of extreme (>95%?) subsidy by GILD, not to forget generic or 'unlicensed' production by those countries who do not recognise GILD's IP rights and patents.
    So the question remains - can any of the GILD experts quantify future profits outside USA that appears to support such optimism?
    Jul 30, 2015. 10:09 AM | 2 Likes Like |Link to Comment
  • Seeking Alpha's Biotech Weekly: What Can Biogen Tell Us About The Sector? [View article]
    Another competent analyst is DoctorRx.
    Jul 27, 2015. 12:39 PM | Likes Like |Link to Comment
  • Russian Gold Reserves Rise In June: Why Is Russia Still Buying Gold? [View article]
    5731311: Hi again!

    I am a nobody and my views are of no consequence. But maybe you would like to read what an esteemed and respected personage from the Establishment that bashes gold on a daily basis has to say about gold? Maybe it will help you understand better?

    http://bit.ly/1S7OVdC

    The best!
    Jul 27, 2015. 11:23 AM | Likes Like |Link to Comment
  • Seeking Alpha's Biotech Weekly: What Can Biogen Tell Us About The Sector? [View article]
    Hello again, Mike!
    Author’s reply » "yeti786, sounds like you'd have the makings of an article idea."

    Me, I shoot/write about serious fluff - nature in the high Himalayas above 5000 meters, the jungles of Brazil, Andaman & Nicobar Is., the Danube delta, etc.

    Mercenary topics like these - I am happy to offer rights on this idea free to the likes of Bret Jensen, Chris deMuth, Jason Napodano and a few others whose names do not readily come to mind but are very competent and thorough analysts in the bio tech field.

    But seriously, this topic should be covered in a series covering those stocks with most potential there in EU. As an editor with SA, surely you can identify and nominate suitable experts to do a far better job than I ever will.

    Some names from my casual reading: GNFT, Galapagos, Ablynx, MDXHealth, Celyad, Innate pharma, Cellectis, Adocia, Erytech.

    Once the US $ starts slipping against the Euro they will prove real gems for Bret to add to his collection!

    The best to all!
    Jul 27, 2015. 11:18 AM | Likes Like |Link to Comment
  • Russian Gold Reserves Rise In June: Why Is Russia Still Buying Gold? [View article]
    5731311:
    "Gold is for people who understand and are part of history; a difficult proposition for many people who don't have one...."
    and your response: 'gold is for losers. price is truth.'

    Kindly read more carefully and understand what I wrote - Gold is a store of value (not a trading instrument) spanning generations and retaining purchasing power.
    
    Current gold price is inconsequential. Price is not the truth; it is ephemeral, transient. Even as temporary changes in its price can be a subject of mercenary manipulation, its value as a medium of exchange remains constant.

    The purchasing power of gold, its steadfast ability to retain value has been demonstrated over several millennia of history. If you look at price action maybe you want to look at gold in other currencies than US$ and explain its rise to us?

    No other medium of exchange has such global acceptability or has survived so long. Neither will paper currencies; like peak oil, we are nearing peak Dollar/Euro.
    Jul 27, 2015. 09:39 AM | 3 Likes Like |Link to Comment
  • Russian Gold Reserves Rise In June: Why Is Russia Still Buying Gold? [View article]
    DUAGO -
    "the amount of stupid statements (as if there facts) about gold never cease to amaze me."

    Myopic US foreign policy echoes many uneducated views on gold here. Gold investments are generational in their life spans, not a subject of weekly/monthly pronouncements and graph tracings. Gold is for people who understand and are part of history; a difficult proposition for many people who don't have one....

    "You really think it's a good idea to do like what a desperate and long dysfunctional country is doing?"

    Even a simpleton knows that holding of a currency over which one has no control and especially belonging to an inimical traditional opponent is not in the best interests of any country. Why should Russia and China hold US $ and US debt? To allow Americans to continue their blissful life swamped in debt without any seeming moral will or inclination or responsibility to repay? Which they can one day just default on, like Greece, leaving the world who bought their debt to suffer their gluttony? 'Hair cut' they call it, what an euphemism for financial immorality of high order! And the insufferable cheek to point fingers at others?

    Gold will buy Russia/China/Iran and even any one of us just about anything anywhere on Earth at just about the same value in real terms. 5000 yrs of human history stands witness to this statement. And the US Dollar in comparison? For the cynic I suggest you see some real graphs on the real and relative value of gold and US$ last few hundred yrs.... no, hold it; that's more history than the USD can cope with, try a hundred yrs instead. Should do.

    The average person with limited vision is dumping weak currencies in favour of the king of all currencies - the $. Those with greater foresight are dumping this king of currencies for real money - Gold. That's all there is to it.
    Jul 26, 2015. 03:36 PM | 8 Likes Like |Link to Comment
  • Newmont Mining Stock Falls Despite Strong Second Quarter Results; Is This A Buying Opportunity? [View article]
    All miners are high grading and exploiting low energy prices. Short term we may have a pop, but long term we need to see their all in costs when oil prices start climbing and higher grades have all been shovelled out.
    Jul 26, 2015. 06:49 AM | 3 Likes Like |Link to Comment
  • Seeking Alpha's Biotech Weekly: What Can Biogen Tell Us About The Sector? [View article]
    Author’s reply » Thanks to everyone for your comments. I was especially interested in observations about relative P/Es and growth expectations in the biotech majors.

    I think it is high time European biotech stocks were selectively put under the microscope. They exhibit similar advancement in research at far lower/realistic evaluation. Those EU biotechs planning to debut IPOs in USA or market their products in USA in the near future should make good starting points. Plus, the ongoing European QE should help secure better returns.
    Jul 25, 2015. 12:54 PM | 3 Likes Like |Link to Comment
  • Alon Partners, Cyclic Stocks Pay Huge Returns [View article]
    Thanks for this head up, Tom, much appreciated!
    As mentioned by others here, an analysis of the crack spread as it affects ALDW, CVRR, NTI in coming 6 months will be equally appreciated!
    Jul 25, 2015. 12:36 PM | Likes Like |Link to Comment
  • Sentiment on gold sours further [View news story]
    There is only one way to beat/counter manipulation: Buy/trade/hold physical.

    Do people know why the mighty US military never beat the frugal Afghan Mujahaddin earlier and are not making much headway (except on paper scribed by US sponsored Media) against the ISIS now? The Mujahaddin did not rely on EW to wage war, whereas the US military are sitting ducks in their fancy MBT tracks without C3 and EW support. The Mujahaddin hugged earth, the US military were all over, (mostly in the air), but not where it really mattered - on the ground, physically.

    Morale of the story - to win, get physical. This applies as much to gold. And don't please tell me it won't help because the big sharks play by different rules, blah-blah.... (If you wish to play by their rules that use paper gold - which is easily manipulated - you will never win.) Change the rules to the extent you can. Change the key rule - refuse to play with all paper gold derivatives. Buy/Sell only physical. Change begins from within; change will happen only if each one of us decides to start first, now. Not wait like sheep to follow the herd, as and when it happens. If each one of us buys only physical (in personal capacity or a manager of funds invested in gold/silver), manipulation will not prove as effective

    Unfortunately, most people do not understand the essential nature of gold - as a store of value over a long period of time, not a short term trading instrument.
    Jul 25, 2015. 03:21 AM | 5 Likes Like |Link to Comment
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