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  • China Medical: Why the Rapid Growth?
    you seem to be absolutely obsessed with finding something negative everywhere you look.
    Must feel like a truly gratifying life.
    but then again, you have chosen so.
    Aug 06 05:33 am |Rating: 0 0 |Link to Comment |View article
  • GM May Hit $200 Before Oil Does
    'on July 17th that a historic reversal was at hand in Oil has Peaked, Banks have Bottomed, '
    'I believe there is a secular bull trend in commodities and indeed emerging markets'
    'Although there will be volatile ' Bull Trap' rallies, the uptrend has been decisively broken and I'd avoid long exposure '

    'Although we are in a structural bear market that will last well into the next decade... it's now a good bet that on a 12m view, US equities will be materially higher from here.'

    Hm, understand your reasoning , but the problem with that kind of analysis is that you will be constantly switching between all sorts of secular and non-secular trends. Also, while i can't deny the existence and growing influence of sector rotation by hedge funds and other large institutional investors, I will certainly not adopt to their approach and trade in and out of my positions whenever THEY feel like changing moods.
    And finally, that 'money market funds' argument is a bit of a stretch. a lot if not most of the assets held in these 'money market funds' are higly illiquid paper that cannot be sold - and that finances to a alarge extent the big banks and keeps their house of cards intact - sort of. So you might in fact not see large outflows from there anytime soon
    Aug 05 09:24 am |Rating: 0 0 |Link to Comment |View article
  • Safe Haven Investments Amid a Global Crisis
    fwiw, i would buy physical palladium and platinum and/or the futures - but avoid dogs like pal. swc might have decent chance since their hedges are expiring this year (and some of them have in the past quiarters already). Looks like they timed this as perfect as everything else. going fully hedged through the bull market and coming off naked when the metals crash. well done.
    but that being said, the pgm bull has further tio run - at least in this point i agree with mark.
    Aug 05 06:14 am |Rating: 0 0 |Link to Comment |View article
  • Safe Haven Investments Amid a Global Crisis
    just two major issues that the author conveniently ignores:
    first, just by looking at the share prices of swc and pal anyone can figure out that they do not exactly look like, uhm, 'safe heaven investments'.
    second, pal and to e little lesser extent swc have so far managed to abolutely screw up quarter after quarter after quarter. The auhtor should seruiously ask himself whether these two companies will ever be able to profit from a palladium bull that he envisages. chances are, palladium might indeed catch up with platinmum - while two companies will still make no money.
    so far, their mgmts suck and the fundamentals suck. it's yet to be seen what will happen when fundamentals go better. i for my part don't hold my breath to find out
    Aug 04 10:38 am |Rating: 0 0 |Link to Comme