Jimbo

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Gold's Not the Best Investment in Inflationary Times

I am surprised that one concept has not been used in this voluminous discussion: STAGFLATION.
Jan 07 16:46 pm |Rating: 0 -1 |Link to Comment |View article
Algonquin Power: A Promising Renewable Energy Income Investment

On the advice of an investor newsletter, I bought this stock on monday. The stock went up 8% on that day and I was pleased. On Tuesday, the company announced a drastic reduction in the dividend and the stock crashed. It is still struggling to come back. I have also been burned on other suggestions by this newsletter. The author of said newsletter does not know what he is writing about. Like Enviro 111, I am in a holding pattern on this stock.
Jan 07 15:48 pm |Rating: 0 0 |Link to Comment |View article
Gas Prices Will Go Up with a Fury

I have been investing in energy for more than thirty years. I would welcome a viable set of alternatives to petroleum but it seems to me to be somewhere between 10 and 30 years away from happening. I am appalled at the head in the sand attitude in Congress regarding the securing of domestic sources of petroleum supplies.
Jan 05 12:03 pm |Rating: +1 0 |Link to Comment |View article
Environmentalism May Face Major Setback in 2009

I consider myself to be an environmentalist. I support the revival of light rail and streetcars. We have composted our household garbage for more than thirty years. We have a solar water heater that is saving at least $50 a month in electricity. I rode a bicycle to and from work most days of the week for 19 years. Our large backyard is a small farm , producing fruits and vegetables. I took a grandchild to an Elderhostel in 2002 at Northern Arizona University in Flagstaff. I asked some staff members at the Lowell Observatory what they thought of the Global Warming idea. They told me the orbit of the Earth around the Sun and the varying output of the Sun was the main driver of temperature on Earth. I am paranoid about the Utopians who want to capture the economy and society. They strike me as fanatics who would control our every act.
Jan 03 12:44 pm |Rating: +5 -1 |Link to Comment |View article
Why a Psychological Bottom Will Lag Any Real Recovery

There is one aspect that the posters on this thread are overlooking. The Social Security System also pays modest stipends to disabled and mentally retarded folks, as well as certain people with chronic mental illness. I have no beef with this because many of these people would be in very dire straits otherwise. But what rots my socks is that this enormous welfare system is NOT paid into by government employees such as members of Congress, Congressional employees and, yes, employees of the Social Security System: "We have our Own retirement system"!! As far as I am aware, only the military, of all federal employees, pay into Social Security. Congress has traditionally screwed, blued, and tatooed the rest of the populace. Congress has exempted itself from OSHA, the Civil Rights Act of 1964, etc. They just gave themselves another stealth pay raise the other day. I believe it was Mark Twain who observed that Congress was the only original criminal class to emerge in the U.S.
Jan 01 13:24 pm |Rating: +6 0 |Link to Comment |View article
United Socialist States of America? Not Quite

I found the author's description of the questioning reporter to be very revealing. My take is that the reporter was asking the poster to bad mouth the U.S. Certainly, the U.S. has many flaws and has made many mistakes but mainstream journalists seem to be obsessed with finding fault with, and criticizing the U.S.
Jan 01 13:05 pm |Rating: +1 0 |Link to Comment |View article
Tradermark's 13 Outlier Predictions for 2009

I hate to say it, but your predictions have plausibility written all over them. I recall the alleged Chinese curse: "may you live in interesting times"!
Dec 31 17:59 pm |Rating: 0 0 |Link to Comment |View article
The Economic Meltdown: Dismantling, Yes; Doom, No

I completely concur with RCA's outstanding comments. The author confuses his political opinions with economic analysis. Too bad we can't recall the war in Iraq and then replay history to see what the consequences would have been.
Dec 27 10:27 am |Rating: +3 0 |Link to Comment |View article
Why I See Long-Term Deflation

I like prudentinvestor's analysis. The only thing he left out is the word: "stagflation"... which is ,unfortunately, the worst of both worlds. It seems like almost all grocery items we purchase in the stores are higher. The local electric utility has won a 25% increase in its' base rate ,effective January 1. I believe the price of motor fuel is going back up in the coming year because actual production costs, for many producers, are higher than current market prices and producers will simply shut down. The bottom line: The standard of living for most of us will fall for some time.
Dec 23 15:58 pm |Rating: 0 0 |Link to Comment |View article
The Deflation Scam

A trenchant article with interesting replies. Allow me to suggest a synthesis: STAGFLATION.
Dec 20 09:38 am |Rating: +1 0 |Link to Comment |View article
U.S. Dollar: The Trade of the Decade

I sure would like to believe this scenario. But I fear the author has been smoking the really, really good stuff. I fail to see the basis behind the idea that the "assets" purchased by Bernanke and the Fed will turn out to be profitable. When I contemplate the fiscal recklessness of Congress and several presidents, I fear for the future of my grandchildren.
Dec 18 10:11 am |Rating: +1 -1 |Link to Comment |View article
Jim Cramer Is Starting to Sound a Lot Like Lenin

I have begun to think that Jim Cramer needs to have his medication adjusted and possibly lay off the strong coffee. Many individuals on Wall Street have disgraced themselves and Capitalism. One consequence seems to be we are entering a period of Socialism. I am seeing a developing trend in the coming Obama administration to take the country in the direction of a Socialist transformation and this seems to have been his goal all along. The Wall Street crowd has just handed the country to Obama and company on the proverbial silver platter.
Dec 17 10:50 am |Rating: 0 0 |Link to Comment |View article
Exploring Madoff's Ponzi Scheme Will Unveil the Causes of This Global Monetary Crisis

This is a stunning analysis. But I despair of any solutions or remedies. BOTH political parties have been corrupted and the big coverup is now underway. We need term limits for congress and it should be a criminal offense for any former congressman to lobby for ANYTHING!
Dec 16 10:10 am |Rating: +4 -1 |Link to Comment |View article
Oil Price vs. Gas Price: Is $1 a Gallon Realistic?

Bowman711's comment is interesting. I can understand the manipulation of gold because it is a relatively small entity and governments have, at least in the past, held a significant amount of gold to sell into the market. Oil and gas are a different matter. Economists are fond of the term: "margin" as in the term: everything happens on the margin. A relatively small move in demand may get multiplied in a large price movement, up or down. I wonder if this is what's happening now. I seem to see a significant drop in motor traffic in my area at certain times of the day or week.
Dec 07 12:25 pm |Rating: 0 0 |Link to Comment |View article
Inflation? Don't Hold Your Breath

There may be another answer to the paradox of pay cuts, staff cuts, and work rule changes versus higher prices: It's called "stagflation"...
Dec 05 10:04 am |Rating: 0 0 |Link to Comment |View article

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Wall Street Breakfast - Sample Wall Street Breakfast: Must-Know News by SA Editor Rachael Granby Bank trio becomes duo. Wells Fargo (WFC) will become the largest U.S. bank by branches with its bid for Wachovia (WB), after Citigroup (C) withdrew from compromise negotiations late yesterday on concerns about the quality of some of Wachovia's assets. Wells Fargo, with a bid valued at $11.4B, expects the purchase to be completed by the end of the year, and denies it will have to absorb assets shakier than originally thought. Government considers next steps. As the financial crisis continues to worsen, the U.S. government is considering two dramatic steps to turn around, or at least slow, the damage: guaranteeing billions of dollars in bank debt and temporarily insuring all U.S. bank deposits. The moves, which would mark the government's most extensive intervention to date, are in discussion stages only. Credit stays frozen. As frozen credit markets refuse to thaw, the cost of default protection on corporate bonds reaches new global records amid investor concerns the credit crisis will trigger corporate failures as companies struggle to finance their businesses. Interbank lending remains limited, and borrowing from the Fed's expanded discount window continued its trend of setting new highs every week, as the total daily average rose to $420.2B vs. $367.8B last week. Oil demand withers. The International Energy Agency warned Friday worldwide oil demand... Email continues...
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Investing Ideas - Sample Seeking Alpha - Investing Ideas Cramer's Picks Farewell Financial Bear Raids - Cramer's Mad Money (10/14/08) by SA Editor Joan Wickham Better Picks - Cramer's Lightning Round (10/14/08) by SA Editor Joan Wickham Perhaps Industrials... Cramer's Stop Trading! (10/14/08) by SA Editor Joan Wickham Long Ideas Utilities Beginning to Generate Interest for Longs by Joe Kunkle The Long Case for Encore Capital by Value Investor Insight 2009: The Year of the Channel for SaaS Vendors? by Jeff Kaplan Two Global Infrastructure Investment Opportunities in ETFs by Investment U Market Behaves Sanely - Fast Money Recap (10/14/08) by SA Editor Joan Wickham Short Ideas Why Short Sellers Are the Heroes of Wall Street by Investment U Salesforce.com: Pricey and Coming Down Fast by Charlie Bottle Google: 3Q Results Reveal Chinks in the Armor by Mark Krieger Email continues...
Jim Cramer's Picks -
Sample

Better Choices - Cramer's Lightning Round (10/15/08)

by SA Editor Rachael Granby

Stocks discussed in the lightning round session of Jim Cramers Mad Money TV program,
Wednesday, October 15.

Bullish Calls:

Continental Resources (CLR) -- "This is a remarkable decline. All of the high quality ones are down so much, I can't go against it. This is where you pull the trigger.
3M (MMM) -- The moment this stock starts yielding 5%, I'm a buyer. Until then, keep your powder dry.

Bearish Calls:

Computer Sciences (CSC) -- This is a company that was going to be bought, but they passed up the chance. Now I don't want to buy it."
Annaly Mortgage (NLY) -- I think this is a business model that needs to borrow money. Definitively do not buy."
Northrop Grumman (NOC) -- You can't own the defense stocks right now. If I had to own one, I'd look at Lockheed Martin (LMT) with its good dividend.
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