fubar02

Loading...
Symbols:
Authors:
comments4
  • Positive ratings 0
  • Negative ratings 0
  • Net rating 0
Filter comments by:
Highest rated Latest comments
Or filter by symbol:

Latest Comments
4 Comments

    • Mon Aug 4th 10:14 AM
      |
      Rating: 0 0
      Commented on:
      Time to Short the Utilities
      For what it is worth, the author's fundamental argument is flawed. He states "(a) Note yields are declining (i.e. interest rates are rising)." When interest rates rise, note prices decline and their yield to maturity increases, not vice versa. His use of the word "yields" is incorrect. (From the technician).
      View article »
    • Mon Aug 4th 09:47 AM
      |
      Rating: 0 0
      Commented on:
      Time to Short the Utilities
      I submitted an article to Seeking Alpha on July 17th (three weeks ago) on this same issue when XLU was at 39.48 with exactly the same conclusion. It was rejected as being too technical as opposed to fundamental and was not accepted for posting. Once again, charts come in first.
      View article »
    • Sun Jul 20th 16:59 PM
      |
      Rating: 0 0
      Commented on:
      Historic Financial Collapse Underway?
      Most of Stansberry's article is solid. The only problem I see with it is that as a student of and believer in the Kondratieff Wave and member of "Who's Who in Hard Money Economics" in the early 1980s, I wrote an advisory article that sounded pretty much the same. Back then they called people like me "gold bugs."

      Now twenty five + years and constantly inflationarily later, the U.S.A. is still here, oil prices are up once again, and the dollar is again in deep do do as it should be. (Last time it was saved by a hike in short rates to near 15% as I recall.)

      Today we seem to be back at a similar point in a long-term cycle as we were in 1981+/-.

      As an investment advisor then, I found the hard way that meritoriously dwelling on the true risk of fiat currencies was no way to make or save client money over a forseeable future, for gold dropped from $850 an ounce to about $250 and silver from near $50 an ounce (the market was cornered...maybe like oil is today) to $4.15.

      All this happened, of course, while the U.S. continued to inflate the money supply and put interest rates at fire sale levels.

      That of course added fuel to house prices, allowing Wall Street to securitize the smoke and sell it to the rest of the world.

      This is all to say that while my head and gut tell me the author is right, historically the U.S.A. has managed to muddle through some pretty tough stuff (weak $, Vietnam War, collapse of the savings and loans, etc.) in the not so distant past.

      Hopefully, this muddling medium-term cycle will continue and the very long-term and complex one signifying the complete decline and fall of the U.S.A.'s currency and democracy will be further off in the future this trip as it was last time.
      View article »
    • Mon Apr 14th 10:26 AM
      |
      Rating: 0 0
      Commented on:
      Jim Rogers' Picks and Pans - Barron's Interview
      Having been in the investment research business for 40 years + I can remember that, ever since his days with George Soros, Rogers has been net bullish on commodities. He understands that inflation is not what you see in prices of goods...that comes after the real inflation which is the government's freedom and penchant to water the currency. Stick with Rogers. He is a brilliant long-term fundamental thinker. We do the long-term technical when.
      View article »