Noneleft's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.com/user/949847/comments http://seekingalpha.com/article/1201261/comments?source=feed#comment-15192561 15192561
Since the US and UK governments are doing the same thing, will the IMF also censure those countries too? Why single out the Argies?]]> Tue, 19 Feb 2013 07:30:34 -0500
Since the US and UK governments are doing the same thing, will the IMF also censure those countries too? Why single out the Argies?]]> http://seekingalpha.com/article/1163201/comments?source=feed#comment-15150031 15150031 Mon, 18 Feb 2013 09:11:53 -0500 http://seekingalpha.com/article/1097031/comments?source=feed#comment-13388781 13388781
He was referring to the guy, who thinks there is no inflation. His wife must buy the groceries because otherwise he would have noticed that in the real world where real people do real shopping, prices are inflating.]]> Mon, 07 Jan 2013 08:52:37 -0500
He was referring to the guy, who thinks there is no inflation. His wife must buy the groceries because otherwise he would have noticed that in the real world where real people do real shopping, prices are inflating.]]> http://seekingalpha.com/article/1091551/comments?source=feed#comment-13295391 13295391
Rising employment.
A budding housing recovery.
Fragile green shoots in Europe."

That seems one of the most unlikely scenarios possible. To take the debt ceiling problem away means having to do something about the debt and deficit. Just removing the ceiling itself is not it. The problem is the spending itself, not the ceiling which caps it.]]> Fri, 04 Jan 2013 07:56:03 -0500
Rising employment.
A budding housing recovery.
Fragile green shoots in Europe."

That seems one of the most unlikely scenarios possible. To take the debt ceiling problem away means having to do something about the debt and deficit. Just removing the ceiling itself is not it. The problem is the spending itself, not the ceiling which caps it.]]> http://seekingalpha.com/article/1091551/comments?source=feed#comment-13269761 13269761
Could you comment more specifically on:
1. CEF (and GTU) closed end funds. Someone mentioned them higher. They are demonstrably backed to a 95%+ degree, and do not employ weasle words in their trust documentation but are very clear. This is in complete contrast to GLD. Albeit I don't think you can redeem real metal for shares in CEF or GTU, and this may be your main concern.

2. Would be interested in your reply you have to jeffca ^]]> Thu, 03 Jan 2013 14:23:15 -0500
Could you comment more specifically on:
1. CEF (and GTU) closed end funds. Someone mentioned them higher. They are demonstrably backed to a 95%+ degree, and do not employ weasle words in their trust documentation but are very clear. This is in complete contrast to GLD. Albeit I don't think you can redeem real metal for shares in CEF or GTU, and this may be your main concern.

2. Would be interested in your reply you have to jeffca ^]]> http://seekingalpha.com/article/1086341/comments?source=feed#comment-13138591 13138591
That's exactly why I replaced BRD with CGR in my portfolio, after seeing my shareholding diluted.]]> Mon, 31 Dec 2012 02:23:48 -0500
That's exactly why I replaced BRD with CGR in my portfolio, after seeing my shareholding diluted.]]> http://seekingalpha.com/article/1073261/comments?source=feed#comment-12820711 12820711 Are the trustees of GLD already aware their fund will be in big trouble and they are preparing in advance of a huge black hole being discovered?]]> Thu, 20 Dec 2012 11:43:58 -0500 Are the trustees of GLD already aware their fund will be in big trouble and they are preparing in advance of a huge black hole being discovered?]]> http://seekingalpha.com/article/1074061/comments?source=feed#comment-12817921 12817921 "[gold]...is only worth what others are willing to pay you for it!! "

Sounds nice but that statement actually applies just as fully and accurately to any traded asset, including currencies, commodities, stocks and bonds. That statement describes exactly how markets work regardless of what is being bought and sold.]]> Thu, 20 Dec 2012 10:58:22 -0500 "[gold]...is only worth what others are willing to pay you for it!! "

Sounds nice but that statement actually applies just as fully and accurately to any traded asset, including currencies, commodities, stocks and bonds. That statement describes exactly how markets work regardless of what is being bought and sold.]]> http://seekingalpha.com/article/1063131/comments?source=feed#comment-12589641 12589641
True, but we have never seen more positive fundamentals for gold as right now. With so few people invested in PMs, and so little of the available global capital invested in PMs, it is very likely that most gold investors are only in it precisely because they are keenly aware of the fundamentals and risks. So your comment does not support your argument IMO.

"...9 out of 10 people invested in gold just want to sell it at a higher price."

I like your 9/10 statistic, but lets be serious for a moment - have you heard of anyone ever making investments in something because they want to sell at a lower price? Such a person has probably already signed power of attorney over to their closest sane relative, and I think they would be involved in any investment decisions so unlikely that could ever happen.]]> Fri, 14 Dec 2012 03:08:59 -0500
True, but we have never seen more positive fundamentals for gold as right now. With so few people invested in PMs, and so little of the available global capital invested in PMs, it is very likely that most gold investors are only in it precisely because they are keenly aware of the fundamentals and risks. So your comment does not support your argument IMO.

"...9 out of 10 people invested in gold just want to sell it at a higher price."

I like your 9/10 statistic, but lets be serious for a moment - have you heard of anyone ever making investments in something because they want to sell at a lower price? Such a person has probably already signed power of attorney over to their closest sane relative, and I think they would be involved in any investment decisions so unlikely that could ever happen.]]> http://seekingalpha.com/article/858021/comments?source=feed#comment-12555691 12555691 Thu, 13 Dec 2012 08:44:18 -0500 http://seekingalpha.com/article/856911/comments?source=feed#comment-12554861 12554861 Thu, 13 Dec 2012 08:18:09 -0500 http://seekingalpha.com/article/1020301/comments?source=feed#comment-11896771 11896771 Fri, 23 Nov 2012 09:17:48 -0500 http://seekingalpha.com/article/901191/comments?source=feed#comment-11896741 11896741 Fri, 23 Nov 2012 09:16:32 -0500 http://seekingalpha.com/article/1025131/comments?source=feed#comment-11896731 11896731
I would suggest a company which fulfills such a criteria right now is IAG.

disclosure: I don't own either presently.]]> Fri, 23 Nov 2012 09:16:29 -0500
I would suggest a company which fulfills such a criteria right now is IAG.

disclosure: I don't own either presently.]]> http://seekingalpha.com/article/1020301/comments?source=feed#comment-11807641 11807641 Tue, 20 Nov 2012 11:03:39 -0500 http://seekingalpha.com/article/1002411/comments?source=feed#comment-11539451 11539451 Tue, 13 Nov 2012 08:27:07 -0500 http://seekingalpha.com/article/999221/comments?source=feed#comment-11538751 11538751 http://seekingalpha.co...]]> Tue, 13 Nov 2012 08:06:26 -0500 http://seekingalpha.co...]]> http://seekingalpha.com/article/995771/comments?source=feed#comment-11538021 11538021
AAPL can go down pretty fast too - in the last two months it dropped from $702 to $540. This shows that even the most fashionable stocks are still a risk. Gold is in a bull run for the last decade.

Does your friend know how you refer to him?]]> Tue, 13 Nov 2012 07:37:40 -0500
AAPL can go down pretty fast too - in the last two months it dropped from $702 to $540. This shows that even the most fashionable stocks are still a risk. Gold is in a bull run for the last decade.

Does your friend know how you refer to him?]]> http://seekingalpha.com/article/918981/comments?source=feed#comment-11532891 11532891 Are you making jewelry and selling it?"

Galt- not using it for making jewelry, no. I'm using it as a way to store value. Cash and banks are no good for that in the current climate, gold is much better.]]> Tue, 13 Nov 2012 00:28:02 -0500 Are you making jewelry and selling it?"

Galt- not using it for making jewelry, no. I'm using it as a way to store value. Cash and banks are no good for that in the current climate, gold is much better.]]> http://seekingalpha.com/article/999221/comments?source=feed#comment-11516301 11516301 Mon, 12 Nov 2012 15:11:20 -0500 http://seekingalpha.com/article/999221/comments?source=feed#comment-11512741 11512741
The problem for #2 voters is, if all of you are going to get the money which will be robbed from the other guy - who are all these other guys and what happens when it turns out that not enough of them have enough money to give to all the #2 voters? More borrowing, more devaluation, more disincentive to work, earn, or invest, and more US decline.]]> Mon, 12 Nov 2012 14:08:38 -0500
The problem for #2 voters is, if all of you are going to get the money which will be robbed from the other guy - who are all these other guys and what happens when it turns out that not enough of them have enough money to give to all the #2 voters? More borrowing, more devaluation, more disincentive to work, earn, or invest, and more US decline.]]> http://seekingalpha.com/article/950911/comments?source=feed#comment-11505321 11505321 Mon, 12 Nov 2012 11:39:07 -0500 http://seekingalpha.com/article/999221/comments?source=feed#comment-11504801 11504801
The politest thing I can say to you is that you definitely voted for the wrong person.]]> Mon, 12 Nov 2012 11:28:44 -0500
The politest thing I can say to you is that you definitely voted for the wrong person.]]> http://seekingalpha.com/article/950911/comments?source=feed#comment-11498101 11498101
http://bit.ly/ZeXrJW]]> Mon, 12 Nov 2012 09:15:03 -0500
http://bit.ly/ZeXrJW]]> http://seekingalpha.com/article/868291/comments?source=feed#comment-11498081 11498081
http://bit.ly/ZeXrJW]]> Mon, 12 Nov 2012 09:14:14 -0500
http://bit.ly/ZeXrJW]]> http://seekingalpha.com/article/999221/comments?source=feed#comment-11494721 11494721
The nominal price of real things (including, or perhaps especially, gold) goes up in relation to a falling currency. That means it is better to buy those things today while their nominal price is lower than it will be tomorrow.

Whatever other arguments or academic side issues are brought to bear, it is hard to escape that as a fact of both history, and economics, given the prevailing environment and policies.]]> Mon, 12 Nov 2012 07:39:14 -0500
The nominal price of real things (including, or perhaps especially, gold) goes up in relation to a falling currency. That means it is better to buy those things today while their nominal price is lower than it will be tomorrow.

Whatever other arguments or academic side issues are brought to bear, it is hard to escape that as a fact of both history, and economics, given the prevailing environment and policies.]]> http://seekingalpha.com/article/998641/comments?source=feed#comment-11494301 11494301
IMO the question of whether cost inflation will be passed on to the royalty companies depends on:
1. how good they are at negotiating contracts
2. how desperate the miner is to access funding at the time of the negotiation

The jury is still out for me, but so far the evidence tends to suggest the royalty companies will do well.]]> Mon, 12 Nov 2012 07:05:52 -0500
IMO the question of whether cost inflation will be passed on to the royalty companies depends on:
1. how good they are at negotiating contracts
2. how desperate the miner is to access funding at the time of the negotiation

The jury is still out for me, but so far the evidence tends to suggest the royalty companies will do well.]]> http://seekingalpha.com/article/998081/comments?source=feed#comment-11493941 11493941
As Churchill says, democracies are the worst form of govt except all the other forms which have been tried before.

He also said that the best argument against democracy is a 5 min conversation with the average voter. This has been amply demonstrated to me recently when seeing some US voters being interviewed by news channels, as they celebrate their 'victory'.]]> Mon, 12 Nov 2012 06:37:41 -0500
As Churchill says, democracies are the worst form of govt except all the other forms which have been tried before.

He also said that the best argument against democracy is a 5 min conversation with the average voter. This has been amply demonstrated to me recently when seeing some US voters being interviewed by news channels, as they celebrate their 'victory'.]]> http://seekingalpha.com/article/995771/comments?source=feed#comment-11484221 11484221 http://bit.ly/QzDHzG]]> Sun, 11 Nov 2012 18:28:42 -0500 http://bit.ly/QzDHzG]]> http://seekingalpha.com/article/995771/comments?source=feed#comment-11461331 11461331
minor, I must have misunderstood you. You seem to be saying it takes faith to believe that the value of currency will decline? I don't understand. Do you know Obama was just been re-elected? Check out developed world deficits and debt levels. Inflation is the only way todays socialist governments can keep spending.]]> Sat, 10 Nov 2012 16:19:07 -0500
minor, I must have misunderstood you. You seem to be saying it takes faith to believe that the value of currency will decline? I don't understand. Do you know Obama was just been re-elected? Check out developed world deficits and debt levels. Inflation is the only way todays socialist governments can keep spending.]]>