Vancan

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  • Gold Shines Brighter Thanks to Fed
    Are you guys sure that lots of cash will flow into gold instead of the alternatives? Lets look at my spending priorities for 2009:

    1) I am going to buy a 50 inch Panasonic Plasma TV, with the highest dynamic range I can afford. And my wife is going to replace her Apple laptop. Are the prices going to be higher or lower than 2008? Well, I hear that Apple laptops are going lower in 2009. And you can bet that Panasonic is going for less than it did last year, or I won't buy it. Will Asia keep the lid on inflation just like they have in the past, regardless of the USD? Of course they will. They are not going out of business.

    2) I will be investing a lot of cash in American industrial companies (and the occasional foreign company) like IBM, NUE, CAT, TSM, CVX JNJ and so on.

    Its not that I have a problem with gold. If I were a currency investor I would be buying gold. But I am not a currency investor, and I do not think the sky is going to fall on American industry, so, except for some deflated home electronics, that's where my cash is going.

    Disclosure: I own all of the companies mentioned above.
    Jan 01 19:38 pm |Rating: +1 -4 |Link to Comment |View article
  • Dividend Investing for Monthly Income
    Dividend Growth Investor:

    Thank you for your many posts. However, it is very difficulty to see the forest for the trees. Could you publish a list of stocks you have disclosed as owning and a list of stocks that you have said you are watching. I have attempted to make such a list, but I am not sure I have found all of your many analysis articles. And, as many were written before the recent crash, I am wondering which you have sold or are no longer considering. Further, many which you did not own at the time of the article you may now own, but we would not know that. None of us would just duplicate your purchases, as they may not fit our investment profile, but we might want to use your list as a starting point, just as you pay attention to the Dividend Aristocrats for a similar reason.

    Thanks
    Dec 04 19:32 pm |Rating: 0 0 |Link to Comment |View article
  • The Coming Dollar Deflation
    David,

    Interesting article. Any disclosures? Are you short gold?

    Vancan
    Dec 02 10:40 am |Rating: +2 0 |Link to Comment |View article
  • Gold: The Next Reserve Currency Player
    I have a second question: Why would anyone buy CEF which is selling at a15% premium over its NAV, instead of buying GLD?
    Dec 01 03:33 am |Rating: 0 0 |Link to Comment |View article
  • Gold: The Next Reserve Currency Player
    I am do not understand why some of you guys think that the dollar (paper value) of GLD would not keep up with the intrinsic value of gold. If the dollar was to drop 50 percent overnight wouldn't the dollar price of GLD increase a proportionate amount overnight?

    Do you have the same feeling about CEF?

    Thanks
    Dec 01 03:05 am |Rating: 0 0 |Link to Comment |View article
  • Wednesday Outlook: Commodities, Emerging Markets
    Trader Vic:

    Because if it is possible that technical analysis is part of the reason we have bubbles which are terribly disruptive to our economy and our lives, then I am going to say so.

    But how did I get to this post and hundreds of others like it? I am forced to read this stuff to know what the tech herd is thinking, because I am forced to play-the-players as a bubble inflates and again when it deflates. I have to do the same thing with the shorts. Figuring out which rumor is true and which is not takes time. (Who knows maybe their rummers will bring down another bank today. Great.) I hate playing-the-players because I should be working full time doing bottom-up research. But I can not do that. It would be ruinous as a bubble deflates to concentrate on a company's value. So once in a while I say so. You know. Free speech.
    Oct 09 15:03 pm |Rating: 0 0 |Link to Comment |View article
  • Markets Are Too Afraid to Bounce
    Can anyone tell me how to find the company stocks held in MDY? Yahoo only gives the top 10, but the top ten comprise less than 10 percent of MDY stocks.

    Thanks
    Oct 09 14:16 pm |Rating: 0 0 |Link to Comment |View article
  • Wednesday Outlook: Commodities, Emerging Markets
    Oh, please! W. Buffet would take all those nice looking charts, shuffle them, glued them end-to-end, turn the resulting super-chart upside down, and see that it was just as predictive as any of them or the whole lot of them or the flip of a fair coin. Its no wonder we have bubbles.
    Oct 09 01:46 am |Rating: 0 0 |Link to Comment |View article
  • Asset Securitization Crisis: The Butterfly Effect
    The butterfly effect is an overused analogy, to wit: As is seldom pointed out, the butterfly/weather analogy only applies (if it applies at all) to systems that are really unstable. A butterfly's flapping wings are not likely to cause a flood in the Sahara or even in the typical rain shadow. And, as Wikipedia points out in the opening paragraph, the butterfly's flapping wings may also PREVENT a tornado in an unstable weather system.

    The butterfly cannot change the stability of the system. In our case, poor Bernanke and Poulson have just that job. As far as I know, it is not their fault that the philosophy adopted by Greenspan allowed (or caused) our financial system to badly destabilize. It is Ironic that his policies resulted in the withholding of capital from our corporations. What would Ann Rand say, now that it is poring in the Sahara?
    Oct 07 13:42 pm |Rating: 0 0 |Link to Comment |View article
  • Who's Gaining from Volatility?
    Disclosures?
    Aug 09 16:13 pm |Rating: 0 0 |Link to Comment |View article
  • As Financials Go, So Go Stock Markets
    Sorry, as the graphics could not be read by Apple Safari, I will not link to articles by this author in the future.

    This is not baseball. It is about money. Waste my money once and you are out.
    Aug 03 22:09 pm |Rating: 0 0 |Link to Comment |View article
  • Does Fuel Efficiency Drive the Auto Industry?
    There is something else about the Prius: It is a joy to drive, and it really doesn't feel like a compact. It is comfortable and holds a lot of cargo with the rear seats down. The CV transmission is a wonder, and the smart key option is worth 5 times the cost. Its real savings comes during around town driving, but I consistently get 45 miles per gallon on long Interstate trips, fully loaded. I'd go long in Toyota if I thought they could make a product line out of the Prius.
    May 10 12:22 pm |Rating: 0 0 |Link to Comment |View article
  • Devising a Defensive Theory
    Where is the evidence that this system will continue working? I have a friend who uses a similar system who cannot afford to loose over the long term. I keep asking that question and she cannot answer it.

    As a general rule, the future cannot be predicted using only the past as an indicator. Otherwise, some really bright technical analyst would have accumulated all of the worlds assets long ago. The fact that the worlds assets are still spread around tells me that you need something else. Is there some fundamental reason that the author's system will work in future like it has in the past?
    Apr 23 13:20 pm |Rating: 0 0 |Link to Comment |View article
  • Wells Fargo Downgraded: Oppenheimer's Whitney Goes Too Far
    Yes, but the silver lining is that those of us who are still pretty light in WFC will be able to pick up more at lower levels. Now, if she could be turned loose on LYG that would also be helpful. Disclosure: Long on WFC, LYG and USB
    Apr 22 07:26 am |Rating: 0 0 |Link to Comment |View article
  • Have We Bottomed Yet?
    Disclosures?
    Apr 08 04:33 am |Rating: 0 0 |Link to Comment |View article

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