dieuwer

Comment Stream

Comment Stream
Filter comments by:
Highest rated Latest comments
Or filter by symbol:
  • The Bull Market is Off and Running - Again
    Would you call the HUI march drop a "bear trap"?
    Apr 17 08:09 am |Rating: 0 0 |Link to Comment |View article
  • Gold and Silver: Prepare for a Short-Term Decline
    That is why the price of PHYSICAL gold and silver (on eBay, in coinshops) is well ABOVE the price of PAPER contracts, a.k.a futures.
    COMEX and other criminals can play their games for a while, but soon they will have to deliver. When it turns out they cannot, they're forever out of business.
    Apr 13 14:33 pm |Rating: 0 0 |Link to Comment |View article
  • Bargain Hunting for Japanese Stocks
    I think the Nikkei will plunge another 50% or so in real terms before we hit a multi-decade bottom. However, I think this will happen sooner, rather than later:
    The Nikkei has been in a bear market for almost twenty year now and if my memory is correct, not one single stockmarket on the planet experiences a bear market of more than 20 years.
    When the Japanese realize that a strong Yen is actually a good thing, provided it comes with productivity increases, the market will hit bottom and embarks on a multi-decade bull market.
    Apr 12 20:54 pm |Rating: 0 0 |Link to Comment |View article
  • The Euro Under Attack
    Is this the typical Euro-bashing by the Anglosaksons again? Seems like it...
    Please note that the article by Avi Tiomkin is dated 04.21.08
    A future article eh?
    Apr 10 17:28 pm |Rating: 0 0 |Link to Comment |View article
  • Investing in a Resource-Constrained World (Part III)
    I hold my position that the only true and present bubble is in US Treasuries. Supply and demand have driven the price and thus the interest rates on these debt obligations to such levels that the fundamentals, i.e. current inflation do not warrant such prices/rates.
    Even by the FEDs hedonic CPI measures, currently at about 4%, a US Treasury yielding 3% is a nonsensical investment. But we still see "flight to quality". Interesting to note is that whereas a lot of people talk about bubbles in commodities and such, noone is talking about a bubble in treasuries. Well baby, this one is ready to burst!
    Apr 02 21:24 pm |Rating: 0 0 |Link to Comment |View article
  • Gold Bubble May Be Coming to an End
    Usually when people are euphoric about an investment, when people fights to get in and talk about the latest IPO, THEN the bubble stage has arrived. I don't think we are there yet with respect to gold.
    Indeed, there is a lot of bubble talk. However in only one sector there is not: the US Treasury Market. Therefore, I think that it is this market that is actually in bubble land.
    Apr 02 08:29 am |Rating: 0 0 |Link to Comment |View article
  • Gold and Silver Stocks vs. Bullion Investing
    The big difference with the 70's is that we have not seen large swings in either the S&P500, gold or the BGMI. From '73 until '74 the S&P500 decline by about 50% while the price of gold more than doubled. Year to date, the S&P500 is down only 12%! Gold up only 18%. I don't see where this "big correction" in gold is supposed to come from with rates near 0%.
    Mar 28 12:53 pm |Rating: 0 0 |Link to Comment |View article
  • How Cheap Are Gold Stocks Relative to Bullion?
    There is a much simpler way to estimate if miners will outperform the price of gold or not: look at the gold/oil ratio.
    If you take the price of oil as an indicator for operating cost, a decline ratio of gold/oil implies decline profitability because it the miners' cost (oil) increases more than sales (gold).
    However, if the gold/oil ratios rises, it implies that sales (gold) outperform cost (oil) which should make the miners more profitable.

    It is interesting to note that from 2001 to 2002, the gold/oil ratio was rising, from 2002 until 2006 decline, from 2006 to 2007 rising, and recently declining again. So I am not surprised that miners have become less profitable lately.
    Mar 28 12:40 pm |Rating: 0 0 |Link to Comment |View article
  • Silver vs. Gold: 2004 to Today
    I think there is a total disconnect between "paper prices" of silver and "real prices" of silver.
    At the COMEX, there may be a very large short position in order to ultimately drive the price of silver down, as happened briefly last week, but if you look at eBay prices for physical silver they are fairly constant and higher than the COMEX price.
    So as a silver producer, why would I keep selling my silver via the COMEX if I can get a better price at eBay or any other exchange? Say in China or the Middle East?
    If COMEX does not address these issues, it will loose its credibility and go bust,
    Mar 28 09:25 am |Rating: 0 0 |Link to Comment |View article
  • Burst Bubble? Commodities' Long-Term Story Remains Intact
    The bullmarket in gold is over when DOW/Gold ratio is around 1.
    At the moment it is about 13.
    I surmize that at the top, gold will be at $7000-$8000 and the Dow at around 12,000. Thus, I my opinion gold is still VERY undervalued.

    To put action to words, I'm heading to the coin shop this weekend to buy gold.
    Mar 20 16:47 pm |Rating: 0 0 |Link to Comment |View article
  • Next Up: Lehman Brothers?
    Rating agencies to investment banks are as Arthur Anderson to Enron...
    Mar 17 13:00 pm |Rating: 0 0 |Link to Comment |View article
  • What's In Store for Bear on Monday?
    FOREX not amused with this bailout, dollar crashes through 71.50, gold up $10+.
    Mar 16 20:01 pm |Rating: 0 0 |Link to Comment |View article
  • BB+ Brazil vs. AA- Goldman Sachs: Who's Got the Better Credit Rating?
    Rating agencies to banks and brokers, are as Arthur Anderson to Enron.
    Ratings are just a joke. I bet that if Brazil would have it own domestic rating agency, it would rate the brazilian sovereign bonds investment grade, while US treasury bonds "junk".
    Remind this: "ratings are in the eye of the beholder".
    Mar 12 22:42 pm |Rating: 0 0 |Link to Comment |View article
  • Bernanke Invents a New Weapon
    "TSLF", "Liquidity injection"... what a joke!
    HYPERINFLATION! That is what it is: PRINT-MONEY-BUY-DOW, PRINT-MONEY-BUY-SP500, PRINT-MONEY-BUY-NASDAQ...
    Mar 11 15:29 pm |Rating: 0 0 |Link to Comment |View article
  • Commodities Bubble Needs to Burst
    Look at commodity prices from another angle, say Zimbabwean dollars? I bet their prices would be even more parabolic to the upside.
    Does that mean there is a bubble in commodities from a Zimbabwe stand point? Looks like it, but it's not; it's the Zimbabwean dollar that is rapidly depreciating! Same story with the US dollar...
    Mar 03 21:00 pm |Rating: 0 0 |Link to Comment |View article

dieuwer is a Top 100 Commentor

  • 203 Comments, 47 , 6
  • Total Comment Stream rating - = 41