WMARKW

WMARKW
Send Message
View as an RSS Feed
  • 3 Awesome Silver Miners To Buy, 1 To Skip  [View article]
    "but my guess is that supply gluts will not allow price appreciation."

    Why do you use the term supply gluts? For example, there is not even enough silver mined in the USA to meet demand to produce US Mint requirements for Silver Eagle bullion coins? A shortfall of some 5 million ounces.

    Canadian silver production has declined 57% from its recent high in 2002 at 44.1 million oz to an estimated 18.6 million oz this year. The Canadian Mint as well is short supply to make it's bullion coins.

    "Yet, as long as the price of silver is mired where it is, so too will Pan Am's stock."

    This is the use of another term "mired" that is evaluative term. You contention is that it is mired and you use a negative or pejorative term. I would not say the price of silver is "mired" at all, but high by historical standards. Please consider that in the case of both PAAS and CDE, there are huge amounts of historically low infrastructure costs that are embodied in their properties. Competition, or new start-ups would have huge up front costs to get to these production volumes.
    Jan 20, 2012. 02:48 AM | 6 Likes Like |Link to Comment
  • What's To Like About The United States Banking System?  [View article]
    John, you say the whole industry is changing. Do you think for the better or not?
    Jan 20, 2012. 12:30 AM | Likes Like |Link to Comment
  • My Mom's Portfolio: A Simple Recipe For Retirement Income  [View article]
    Nevertheless, Jean....congratulations on your first post on SA. Welcome to the party.
    Jan 20, 2012. 12:27 AM | 1 Like Like |Link to Comment
  • Krugman, Keynes, And The Economy  [View article]
    Aardvark. I worked in healthcare companies for about 15 years - medical devices. In my last company we had a device that was great for patients. Good outcomes, excellent results, and impossible selling task to get practitioners to change their practice to use the technology. Sometimes, they for example, would rather use a less efficient pharma product than a simple and less expensive device. Other times, it was clearly an issue of the fact that the practitioner was not an employee of the hospital, and significantly removed from the effects of their practice on patient outcomes, because post surgery, they would send the patient to the recovery room and let the nurses their handle their outcomes. The point is that there is an infinite amount of room in the system for improvement.
    Jan 20, 2012. 12:12 AM | 3 Likes Like |Link to Comment
  • The Truth About Gold  [View article]
    Martin: "That is the truth about gold. It is not very complicated. All you have to do to make money in gold is to figure out what other people are going to think about gold tomorrow."

    My problem is I have never been quite able to predict with any certainty what tomorrow will bring. Once it happens, then people react to it. I guess I need to practice my reading tea leaves.
    Jan 20, 2012. 12:01 AM | 2 Likes Like |Link to Comment
  • Could QE3 Fail?  [View article]
    hooper....I think we are taking about financial markets as being "parasites" here. They are happy to live off the host, even at a high level of consumption, even if it kills the host, because their game is accumulate at the expense of someone else. This is why these guys are not "producers". They are the epitome of blood sucking consumption addicts. We need to provide antibodies to the corpus so as they suck they also die.
    Jan 19, 2012. 10:25 PM | 1 Like Like |Link to Comment
  • What's The True Risk Of Credit Default Swaps?  [View article]
    My understanding of notional is a little different. For example, if I have a notional interest rate derivative bet on the amount of $10 million at 5% and you bet rates are going to 4%, the notional value is $10 million but the payout risk on the derivative is 100 basis points (the derivative) on the $10 million (notional). Am I wrong?
    Jan 19, 2012. 10:21 PM | 1 Like Like |Link to Comment
  • Why it's time to break up the big banks, according to Sheila Bair: Customers would benefit, the government would benefit, the banks themselves would be stronger. It would be in shareholder's best interest too, she says; P/Es and price-to-book for the supersizers far underperforms the bigger regional banks - they'd likely be worth plenty more in easier-to-understand pieces.   [View news story]
    Poor, poor Sheila....I suspect this will put a couple dozen nails in her career coffin. Sheila, don't you know you can't talk like that in public. The handlers will put your name on the "Of No Use Anymore" list.

    Well....at least I admiring you for your guts, Sheila.
    Jan 19, 2012. 10:14 PM | 1 Like Like |Link to Comment
  • Stock markets have already digested a significant amount of very bad news, so there's no reason to fear an impending collapse, says Marc Faber. A rare turn for the uber-bear, who's know for his dire predictions. "My view is simply: relax." We have major support going back to August 2010, and even if the S&P does manage to drop, the Fed will just step in with another round of quantitative easing.   [View news story]
    There are no problems in the world that $50 or $100 Trillion of Fed produced digital dollars can't solve.....right? I mean.....we don't have to worry a bit about bank solvency.....do we?
    Jan 19, 2012. 10:10 PM | 2 Likes Like |Link to Comment
  • Stock markets have already digested a significant amount of very bad news, so there's no reason to fear an impending collapse, says Marc Faber. A rare turn for the uber-bear, who's know for his dire predictions. "My view is simply: relax." We have major support going back to August 2010, and even if the S&P does manage to drop, the Fed will just step in with another round of quantitative easing.   [View news story]
    Goodness....matosa....do you not understand that corporations have been working for decades to allow cheap labor to take the jobs from the high priced, "rich" Americans.
    Jan 19, 2012. 10:08 PM | 1 Like Like |Link to Comment
  • Stock markets have already digested a significant amount of very bad news, so there's no reason to fear an impending collapse, says Marc Faber. A rare turn for the uber-bear, who's know for his dire predictions. "My view is simply: relax." We have major support going back to August 2010, and even if the S&P does manage to drop, the Fed will just step in with another round of quantitative easing.   [View news story]
    Long Live the Fed !!!!! ;-(
    Jan 19, 2012. 10:06 PM | 1 Like Like |Link to Comment
  • Could QE3 Fail?  [View article]
    It's my contention that QE is simply about protecting insolvent banks. Any approach that the FED/Central Banks take is designed primarily to protect the banking brotherhood from "recognized" insolvency vs. "realized" insolvency.
    Jan 19, 2012. 06:22 PM | 1 Like Like |Link to Comment
  • Could QE3 Fail?  [View article]
    "Cost of borrowing: Interest rates on mortgages and credit generally are lowered as the benchmark government paper yield is lowered resulting in greater cash flow to households."

    Jeremy - Any idea what the tradeoff is between the "cost of borrowing" effect that benefits debtors and the income lost by savers (holders of deposits and treasiries) as interest rates go down? Is this not generally a wash?
    Jan 19, 2012. 06:19 PM | Likes Like |Link to Comment
  • Could QE3 Fail?  [View article]
    jhooper....the word "confidence" also has "Con" and is generally associated with the concept of a "Con" game. Thus the Fed, and Central Bankers all over the world who rely on their duping the populace in general, are all about trying to maintain confidence in fiat currency and thus their perpetuation of the CON game.
    Jan 19, 2012. 06:08 PM | 1 Like Like |Link to Comment
  • Krugman, Keynes, And The Economy  [View article]
    Aardvark: "We have a raging epidemic of obesity and all the problems it brings."

    This is a statement of fact. There is nothing the health care profession can do about this until you change a person's behavior. So is it that you intend to just provide health services to obese people, without treating the cause of the problem. Perhaps we will just give all welfare women having babies Hysterectomys and all obese people Lap Chole's.

    That being said, thanks for your service in the field of healthcare.
    Jan 19, 2012. 04:00 PM | Likes Like |Link to Comment
COMMENTS STATS
10,765 Comments
17,625 Likes