Marc Courtenay

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Government's Panicked Response to This Economic Crisis

That is a valid point. Cash is king during deflationary times.

On Jan 07 08:57 AM User 55065 wrote:

> I agree with most of what you say, except for the last sentence "only
> winning asset classes in this environment are going to be cash,".
> How can cash outperform anything in high inflation period. When inflation
> is high, only materials and hard assets can protect you-and cash
> turns into trash quite fast!!
Jan 07 17:11 pm |Rating: 0 0 |Link to Comment |View article
Caterpillar: Does It Deserve the Goldman Downgrade?

Appreciate the author's insights. Word on the street is CAT might be getting into the alternative power business in a much bigger way starting next year. That would be a very smart move for the company and they could benefit from the infrastructure-Obama boom that is directly ahead.
Dec 15 17:34 pm |Rating: 0 0 |Link to Comment |View article
Will We See a Big Upward Move in Gold?

Thanks for mentioning your opinion on those two. I'll be watching them with you.

On Dec 14 08:26 PM FUNDRUNNER wrote:

> USU DNN looking ready as well!!
Dec 15 17:30 pm |Rating: 0 0 |Link to Comment |View article
Will We See a Big Upward Move in Gold?

I'm guessing on what "the Fed's leverage" is all about...but I've heard some stories from reliable sources telling me that the Fed does whatever, and I mean whatever it thinks it must do to assert its agenda. Nothing would surprise this author in the current "no oversight" financial environment here in the US>

On Dec 14 11:12 PM JudeJin wrote:

> "What did Gramley mean by "...the Fed's leverage"? That would suggest
> that the Fed not only owns "gold certificates" but also future contracts
> and options on futures. "
>
> i hope the author could interpret the "fed's leverage" correctly.
> i think the fed's leverage is the same debt-to-equity ratio on the
> balance sheet of any corporation, not the futures/options play the
> fed might have.
>
> although i'm also bullish on gold, i do wish all the gold bugs don't
> mis-interpret other people's remarks.
>
Dec 15 17:28 pm |Rating: 0 0 |Link to Comment |View article
Will We See a Big Upward Move in Gold?

Thanks. Jim is usually right sooner or later.

On Dec 15 06:17 AM Simmons wrote:

> "I own some gold and if gold goes down I'll buy some more and if
> gold goes up I'll buy some more," ... "Gold during the course of
> the bull market, which has several more years to go, will go much
> higher" Jim Rogers
>
> Jim is very bullish on gold, he is prediction huge inflation down
> the road.
>
> jimrogers-investments..../
>
Dec 15 17:26 pm |Rating: 0 0 |Link to Comment |View article
Will We See a Big Upward Move in Gold?

Thanks for your comments. The "wild card" over the next few months will be how much the world believes we are still in "deflation" and how much downside manipulation the "big players" exert on to the precious metals markets.

On Dec 14 06:03 PM Robert Nabloid wrote:

> I take a longer term view and prefer not to use leverage (though
> I have done so a few times).
>
> Please look back in history and show me a good fiat currency. Why
> was gold at one time $42?
>
> I don't consider gold an investment, but a store of wealth. Is it
> the best store of wealth? I don't know, but it works a lot better
> than stuffing fiat dollars under the mattress or in a bank account.
>
>
> "I firmly believe that there will be a trading range for all the
> better commodity stocks and ETFs that will give us several chances
> to buy low and sell high over the months directly ahead. Your comments
> on that will be appreciated. Happy holidays to you all."
>
> I don't see the price of gold crashing anytime soon if that's what
> your asking, so if you are a trader looking to get in and out, perhaps
> after December 31 I would expect the dollar to get weaker. I'm not
> 100% sure but I was under the impression that many companies that
> are based in the US but have international operations like to repatriate
> some of their foreign dollars into USD's for end of year accounting
> purposes? I could be way off and maybe they just use the exchange
> rate on last day of their corporate year end. Either way, I'm expecting
> some bad layoffs in January with most of that data about January
> to be coming out sometime in February. So Between Jan 1 and March
> 1, I think gold should get stronger? I'm only guessing and I'm not
> good at such short time frames. That's why I don't do short-term
> trading.
Dec 15 17:25 pm |Rating: 0 0 |Link to Comment |View article
What Does Backwardisation Mean for Silver Prices?

Thanks Peter for clarifying the nebulous commodity exchange language. How about more info on what" the collapse of our international monetary system, based as it is on irredeemable promises to pay" will look like. I'm speaking about that which is not obvious and what that will do to the developed world's economies.
Dec 12 16:44 pm |Rating: 0 0 |Link to Comment |View article
Is It Time to Buy? What History Shows

Carl, I couldn't agree with you more. "It will get worse before it gets better" says our Pres.-elect, and the truth is we have never, and I mean NEVER, seen the likes of this kind of financial/credit crisis in our lifetimes.

On Dec 09 10:45 AM Carl Spackler wrote:

> All of these signals - high VIX, the gurus buying stocks, market
> rising on bad news, etc... have been flashing for 5 months. What
> has that gotten investors - losses. I am always amazed at how many
> people will try to find the bottom of a market only to get hammered
> further. To me, it is the surest sign that there is more room to
> go down.
>
> Too many people still have the psychology that this is another in
> the line of shallow recessions. Wake up folks! This is a one in
> a hundred year event. This is a deep recession. This is a deep
> bear market. Periods such as this when researched show that the
> bottom is in place when we have at least 6 months of trading within
> a narrow range. We hit a new low just last month, so I have not
> seen 6 months of sideways action yet.
>
> Keep on trying to find that bottom. If somehow on your ninth try
> you actually hit it - yipee!!! The smarter money however will hold
> off establishing longs until the market shows signs of stabilizing
> (at any price) for 6 months. Big drops like this take a long time
> to stabilize and do not do it in a month or two, so you have plenty
> of time to get on the bus when it actually gets here, mso what's
> the hurry?
Dec 10 20:37 pm |Rating: +1 0 |Link to Comment |View article
Crude Oil's 2009 Forecast: Time to Buy?

The Market Oracle is an outstanding publication and everyone who is a serious investor should subscribe....and the price if perfect!!
Dec 10 20:30 pm |Rating: 0 0 |Link to Comment |View article
IAMGOLD: Expect a Move Higher

Thanks for an insightful and convincing report. It is very useful to have all of us sharing information and following the best companies. IAG is certainly one of the top 7 gold companies on my list and their valuation is tops. Thanks Glenn for bringing us this info.
Dec 09 12:39 pm |Rating: 0 0 |Link to Comment |View article
A Great Deal of Potential Reward and Risk in Metals, Energy and Commodities

Wouldn't you know it. I posted the article and the commodities (except natural gas) start rallying. The best analysts I know think a "short-covering rally" might be just around the corner. They also suggest that a "black swan event" might surprise the markets over the next 90 days leading to a spike upward. My guess is that oil will trade in a range between $40 and $80 for the foreseeable future.

On Dec 07 12:01 PM Pipo wrote:

> Oil had its Biggest weekly drop since the Persian Gulf War in 1991.
> Is a short covering rally ust around the corner?
>
> www.oiltradersblog.blo...
Dec 08 20:07 pm |Rating: 0 0 |Link to Comment |View article
Is It Time to Buy Gold?

This reflects my opinion as well, Cruiser9805. His article tells us a great deal about why gold has fallen and is staying suppressed. It also reflects why short-term it might collapse more on fears of deflation and massive paper-trading manipulations. But as a "store of value" in times of great fear, uncertainty and a daily onslaught of bad news, gold holds its value better than most investment. Yes, the dollar could go up a little more, but it has already had a gigantic move, and it's next big move will probably be down. The over 50 comments on this article shows what a controversial topic this is, and that's one of the BIG REASONS THIS IS A TIMELY ARTICLE. Congratulations to the author is in order.

On Dec 05 09:34 AM cruiser9805 wrote:

> I guess that's why china is looking to up it's gold RESERVES by 300%!!
> If gold is not that important why does the US have over 260 million
> ounces guarded by such extreme security measures? Matter of fact,
> why is it even called a RESERVE? I mean, i don't hear about copper
> reserves or zinc reserves...or even silver reserves being guarded
> in Fort Knox or the Federal Reserve.
> Like your article says, if it's just put back in the ground(in a
> vault) and has no value why so much noise about it. Sorry your article
> is contrarian to what you are trying to prove. I guess the best comment
> would be that in times of inflation or deflation gold holds its value
> best.
Dec 06 16:11 pm |Rating: 0 0 |Link to Comment |View article
Mosaic Warns, Stock Is Up

Hi Trader Mark: I appreciate what your wrote and the thoroughness of your analysis. I'm hoping to buy MOS on a big "down day" in the market and the stock.
My target price is around $21. Any thoughts on that. I'd also appreciate hearing from you as you gain more insights or new details on MOS. My email is
Marc@ChecktheMarkets.c... Thanks, and keep up the good work.
Dec 06 15:19 pm |Rating: 0 0 |Link to Comment |View article
Gold and Silver Prices Will Begin to Shine

Pumping trillions of dollars into the monetary system is historically and eventually an inflationary stimulus (loads of money chasing goods and services). I lived through the stagnant 1970s and I saw what inflation can do . The classic definition of inflation is more accurately involved with the eroding purchasing power of the paper currency. In time that means gold and silver goes up, up and away...probably sooner than later

On Dec 05 09:24 AM Marp wrote:

> Gold doesn't pay any interest. The Fed funds are no their way to
> achieve that objective,too. Plus the Feds are busy printing trillions
> of dollars of new debt. I guess paper , historically, is a better
> storage of value. Or isn't it?
Dec 05 13:07 pm |Rating: +1 0 |Link to Comment |View article
Gold and Silver Prices Will Begin to Shine

First, I try to follow my "mentors" suggestions which have been correct more times than they have been incorrect. In this unprecedented derivatives and credit crises, all we have are "clues". Secondly, AUY and many other well-managed miners tend to trade in ranges and there have been many opportunities to "buy low and sell high" in shorter periods of time. Lastly, no one I've heard of and follow was able to anticipate how badly the resource stocks would be decimated. Seeking Alpha isn't a forum for authors to "pump
their own holdings" but a place to share ideas and compare our investment strategies and experience. It should be a way of networking with other investors and learning from each other.

On Dec 05 05:22 AM Marketer25 wrote:

> This fellow's comments ought to come with a warning message. That
> being he hasn't got a clue.
> Yes, I know this "comment" section is not a forum to discredit authors
> but nor should authors use Seeking Alpha to relentlessly and desperately
> try to pump their own holdings.
> For the record, I do not own AUY but this fellow does and has been
> recommending it all the way down.
Dec 05 12:42 pm |Rating: 0 0 |Link to Comment |View article

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