Seeking Alpha

Living Off Dividends » Comments » GLD

  • The Dollar's Tipping Point [View article]
    great advice. I've been stocking up on physical gold as well.
    Mar 29 14:14 pm |Rating: +1 -1 |Link to Comment
  • Gold and the Dollar: Value is in the Eye of the Beholder [View article]
    brilliant presentation!

    I've been discussing similar topics on my blog, but unfortunately I don't have the clarity of vision that you do!

    are you hiring ;-)
    Mar 02 09:06 am |Rating: +1 0 |Link to Comment
  • Time to Buy Gold Stocks: A Vicious Circle Turns Virtuous [View article]
    What an insightful piece. Very well put together.
    Aug 18 18:09 pm |Rating: 0 0 |Link to Comment
  • Gold's Value In the 21st Century: About As Real As the Myth of El Dorado [View article]
    Gold is a hedge against prosperity.

    the US is bankrupt.

    I spent $13 dollars to buy 16 rolls of toilet paper. When the cost to them become more than
    $16 (and it will) toilet paper will be more valuable that your precious dollar.

    You can wipe your ass will your dollars, i'll stick to gold.
    Aug 18 12:46 pm |Rating: 0 0 |Link to Comment
  • Rising Crude Oil Is Driving the Dollar Down [View article]
    ethonal will not take over oil in the US. corn is just too expensive. it was a foolish idea to begin with. Now food costs are increasing and so is oil. demand for oil is increasing every day in india and china. they will keep the price high and maybe it will go to $200/barrel in the next 5 years.

    offering subsidises for solar power would've been smarter. but farmers have bigger lobbies than solar panel companies.

    even subsidizes on fuel efficient vehicles would help reduce our dependence on foreign oil. The US has the worst fuel efficiency of any country.
    Aug 03 13:23 pm |Rating: 0 0 |Link to Comment
  • Rising Crude Oil Is Driving the Dollar Down [View article]
    Interesting theory, but I don't think the Dollar and Oil prices are necessarily correlated. The US imports EVERYTHING, from toothpaste for inmates, petfood and anything that you use on a daily basis. The US is producing NOTHING and sending all its Dollars abroad instead.

    So, I think the reason why the dollar is dropping because governments all over the world are hold way too many dollars and are now diversifying out of it - Basically they're becoming net sellers.

    Japan and China have somthing like $2 trillion USD between them. WTF are they going to do with all that? With no end to the trade deficit in sight, there doesn't seem to be any way to unwind it. Its the selling of these dollars that is pushing pressure on value of USD.
    Aug 02 13:04 pm |Rating: 0 0 |Link to Comment
More on GLD by Living Off Dividends
Comments by Ticker
Living Off Dividends'
Comments Stats
42 comments
Rating: 1 (2 - 1 is )