Page 78 of 169 FirstFirst ... 2868767778798088128 ... LastLast
Results 3,081 to 3,120 of 6727

Thread: Investing

  1. #3081
    Deleterious's Avatar
    Deleterious is online now MotownSports Fan
    Join Date
    Feb 2004
    Posts
    31,768

    Default




    lol so many good lines in that.

    If you review the old laws, its not so uncommon for something like this to be done. So there is no need to panic or to review those old laws because I just told you its true.

    I told you no questions. There really is no time to think about this. Just listen to me and send in the money.

    haha loved it.

  2. #3082
    rhino is offline MotownSports Fan
    Join Date
    Jul 2002
    Location
    michigan
    Posts
    8,433

    Default

    Ha!

    "Do not attempt to destroy the money by yourselves. Only the federal government has the proper facilities for destroying money."
    "If he could have, Guillen would've tried to steal Weaver's girl, scratched Weaver's car, stolen Weaver's lunch and if he had access to a metal folding chair he probably would have tried to hit Weaver with it." -Joe Posnanski

    2008 & 2009 AAT: Mike Hessman; 2010 Cory Costo; 2011 Danny Worth

  3. #3083
    Greenwit's Avatar
    Greenwit is offline MotownSports Fan
    Join Date
    Jun 2005
    Location
    Ft. Worth, TX
    Posts
    9,642

    Default

    Where did all the gold commercials go? I'm seeing more and more silver though I'm not sure why.

    Two words: Costa Rica.

  4. #3084
    rhino is offline MotownSports Fan
    Join Date
    Jul 2002
    Location
    michigan
    Posts
    8,433

    Default

    Quote Originally Posted by Greenwit View Post
    Where did all the gold commercials go? I'm seeing more and more silver though I'm not sure why.

    Really? I haven't noticed a slow down. I've been thinking there are more companies then ever pushing gold lately.
    "If he could have, Guillen would've tried to steal Weaver's girl, scratched Weaver's car, stolen Weaver's lunch and if he had access to a metal folding chair he probably would have tried to hit Weaver with it." -Joe Posnanski

    2008 & 2009 AAT: Mike Hessman; 2010 Cory Costo; 2011 Danny Worth

  5. #3085
    rhino is offline MotownSports Fan
    Join Date
    Jul 2002
    Location
    michigan
    Posts
    8,433

    Default

    As far as silver, physical demand is outpacing available physical supply. Those who have silver to sell have raised their premiums and are tyring to strike while the iron is hot. Eventually supply will catch up and premiums will fall back to normal.

    The U.S. Mint resumed sales after a week of suspension as silver coins sales for January almost doubled compared with the month before. An all-time high of over 7.4 million Silver Eagle coins were bought in January from the U.S. Mint, which substantially exceeded the former record set in early 2011. Gold coin sales were also the highest seen in almost three years.
    The mint stopped making 2012 Silver Eagles (SE's) in early December 2012 so they could build up a supply of 2013 SE's to hit the market in Mid-Jan. They sold out their complete stock in under a week. That's why they stopped taking orders and why premiums shot up. The mint is taking orders again and premiums are coming down as supply is still tight, but it's flowing again.
    "If he could have, Guillen would've tried to steal Weaver's girl, scratched Weaver's car, stolen Weaver's lunch and if he had access to a metal folding chair he probably would have tried to hit Weaver with it." -Joe Posnanski

    2008 & 2009 AAT: Mike Hessman; 2010 Cory Costo; 2011 Danny Worth

  6. #3086
    Greenwit's Avatar
    Greenwit is offline MotownSports Fan
    Join Date
    Jun 2005
    Location
    Ft. Worth, TX
    Posts
    9,642

    Default

    Now might be a good time to buy.

    I suppose it depends on what networks you watch....but I've personally seen alot less.
    Two words: Costa Rica.

  7. #3087
    Greenwit's Avatar
    Greenwit is offline MotownSports Fan
    Join Date
    Jun 2005
    Location
    Ft. Worth, TX
    Posts
    9,642

    Default

    Quote Originally Posted by rhino View Post
    As far as silver, physical demand is outpacing available physical supply. Those who have silver to sell have raised their premiums and are tyring to strike while the iron is hot. Eventually supply will catch up and premiums will fall back to normal.

    The mint stopped making 2012 Silver Eagles (SE's) in early December 2012 so they could build up a supply of 2013 SE's to hit the market in Mid-Jan. They sold out their complete stock in under a week. That's why they stopped taking orders and why premiums shot up. The mint is taking orders again and premiums are coming down as supply is still tight, but it's flowing again.
    So obviously the price of the SLV ETF which I thought would mirror the price of the commodity isn't showing that. Demand>supply would raise the price normally.
    Two words: Costa Rica.

  8. #3088
    screwball's Avatar
    screwball is offline MotownSports Fan
    Join Date
    Jul 2005
    Posts
    7,355

    Default

    Quote Originally Posted by Greenwit View Post
    So obviously the price of the SLV ETF which I thought would mirror the price of the commodity isn't showing that. Demand>supply would raise the price normally.
    SLV won't directly track spot/futures price of the real metal. It's a derivative of the underlying. If I remember, I'm make you a chart when I get home that shows both compared to each other.
    The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it - John Kenneth Galbraith

  9. #3089
    rhino is offline MotownSports Fan
    Join Date
    Jul 2002
    Location
    michigan
    Posts
    8,433

    Default

    Quote Originally Posted by Greenwit View Post
    Now might be a good time to buy.

    I suppose it depends on what networks you watch....but I've personally seen alot less.
    Very true. I'm inundated with gold silver adds on the web every time I turn on the computer. I think the sites I read and visit have me targeted.

    Quote Originally Posted by Greenwit View Post
    So obviously the price of the SLV ETF which I thought would mirror the price of the commodity isn't showing that. Demand>supply would raise the price normally.
    I don't follow the ETF, just physical.

    Many people believe that eventually there will be a break between the paper and the physical. As of know, I believe anyway, the paper market has a lot to do with suppressing the physical price. But YMMV, on that thought.
    "If he could have, Guillen would've tried to steal Weaver's girl, scratched Weaver's car, stolen Weaver's lunch and if he had access to a metal folding chair he probably would have tried to hit Weaver with it." -Joe Posnanski

    2008 & 2009 AAT: Mike Hessman; 2010 Cory Costo; 2011 Danny Worth

  10. #3090
    ballmich is offline MotownSports Fan
    Join Date
    Aug 2005
    Location
    Valencia, CA
    Posts
    15,805

    Default

    I hope Einhorn gets crushed for litigating with Apple over their decision to hold cash. I'm not fanboy of apple, never held the shares, and think it's overvalued. But there is already recourse for investors who don't like management's decisions. They can either sell and find a new investment. Or they can wage a proxy battle and get like-minded directors on the board. Litigating to say that Apple is hurting investors because they won't hand out their cash via a dividend, is not the right venue. And that pisses me off.
    Manus haec inimica tyrannis ense petit placidam sub libertate quietem.

  11. #3091
    screwball's Avatar
    screwball is offline MotownSports Fan
    Join Date
    Jul 2005
    Posts
    7,355

    Default

    A little SLV chart porn;





    I was almost shocked to see how closely SLV tracks the metal.

    The ETF is ran by iShares, a Blackrock deal (we should all know them). You can find the info here and the prospectus is a .pdf file downloadable just below the header. If you want to trade this (anyone) read this - twice. iShares Silver Trust (SLV): Overview - iShares

    Posted on Google, but from Reuters;

    iShares Silver Trust (ETF): NYSEARCA:SLV quotes & news - Google Finance

    Description

    iShares Silver Trust (the Trust) owns silver transferred to the Trust in exchange for shares issued by the Trust (Shares). Each Share represents a fractional undivided beneficial interest in the net assets of the Trust. The assets of the Trust consist of silver held by the Trust’s custodian on behalf of the Trust. The sponsor of the Trust is BlackRock Asset Management International Inc. (the Sponsor). The trustee of the Trust is The Bank of New York Mellon (the Trustee) and the custodian of the Trust is JPMorgan Chase Bank N.A., London branch (the Custodian). The activities of the Trust are limited to issuing Baskets of Shares in exchange for the silver deposited with the Custodian as consideration, selling silver as necessary to cover the Sponsor’s fee, Trust expenses not assumed by the Sponsor and other liabilities and delivering silver in exchange for Baskets of Shares surrendered for redemption.

    On Edit: If those charts are too big, let me know. Easy to fix.
    The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it - John Kenneth Galbraith

  12. #3092
    screwball's Avatar
    screwball is offline MotownSports Fan
    Join Date
    Jul 2005
    Posts
    7,355

    Default

    Quote Originally Posted by ballmich View Post
    I hope Einhorn gets crushed for litigating with Apple over their decision to hold cash. I'm not fanboy of apple, never held the shares, and think it's overvalued. But there is already recourse for investors who don't like management's decisions. They can either sell and find a new investment. Or they can wage a proxy battle and get like-minded directors on the board. Litigating to say that Apple is hurting investors because they won't hand out their cash via a dividend, is not the right venue. And that pisses me off.
    I haven't followed this at all. Is he short AAPL?
    The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it - John Kenneth Galbraith

  13. #3093
    ballmich is offline MotownSports Fan
    Join Date
    Aug 2005
    Location
    Valencia, CA
    Posts
    15,805

    Default

    Quote Originally Posted by screwball View Post
    I haven't followed this at all. Is he short AAPL?
    No, Einhorn is long and thinks that some proposal that shareholders will vote on will restrict Apples ability to create Preferred Shares, which Einhorn has suggested as a way to release cash to investors. Apple has responded with a rebuttal that they can still issue Preferred Shares, if that is what they decide to do. But basically Einhorn is trying to steer the ship at Apple and force some convoluted structure changes to release cash to shareholders, almost certainly in a way that benefits him. When in reality, if he doesn't like how management is creating shareholder value, he has other routes of recourse, none being litigation which is ridiculous.

    Most people agree though, that Apple needs to find a way to give more cash back to shareholders.
    Manus haec inimica tyrannis ense petit placidam sub libertate quietem.

  14. #3094
    screwball's Avatar
    screwball is offline MotownSports Fan
    Join Date
    Jul 2005
    Posts
    7,355

    Default

    Interesting. AAPL doesn't have to anything. If Einhorn, or anyone else doesn't like the deal, sell the stock.

    The market should decide this. In today's world, I'm not so sure.
    The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it - John Kenneth Galbraith

  15. #3095
    ballmich is offline MotownSports Fan
    Join Date
    Aug 2005
    Location
    Valencia, CA
    Posts
    15,805

    Default

    Quote Originally Posted by screwball View Post
    Interesting. AAPL doesn't have to anything. If Einhorn, or anyone else doesn't like the deal, sell the stock.

    The market should decide this. In today's world, I'm not so sure.
    The interesting thing about AAPL, is that while they have billions and billions in cash that people think they should return to shareholders (and they probably should)..... AAPL is essentially a hedge fund now. I'm sure you saw that article on ZH a while back about their investment office located in Reno, NV, where they are basically running a hedge fund --- investing in the market and managing the Cash on Hand.

    So perhaps what they should do is spin off the the 'hedge fund' and give shares to their shareholders, making it a closed end fund of some sort. Then, the shareholder can sell the shares if they want cash, or hold the shares... Einhorn wouldn't like that because he thinks he is smarter than the market (and he might be), and can structure a convoluted structure to unlock even more shareholder value. And I agree he can sell, or he can wage a proxy battle. If he is right, the hedge fund managers will line up behind him... and we all know that AAPL is the hedge fund hotel, so he should have a lot of backing. But filing frivolous litigation is a waste of time and money, and not the right venue for disagreement with management.
    Manus haec inimica tyrannis ense petit placidam sub libertate quietem.

  16. #3096
    screwball's Avatar
    screwball is offline MotownSports Fan
    Join Date
    Jul 2005
    Posts
    7,355

    Default

    The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it - John Kenneth Galbraith

  17. #3097
    Greenwit's Avatar
    Greenwit is offline MotownSports Fan
    Join Date
    Jun 2005
    Location
    Ft. Worth, TX
    Posts
    9,642

    Default

    I think this is gonna revise the upward the negative growth numbers we saw last week.
    Two words: Costa Rica.

  18. #3098
    screwball's Avatar
    screwball is offline MotownSports Fan
    Join Date
    Jul 2005
    Posts
    7,355

    Default

    Quote Originally Posted by ballmich View Post
    The interesting thing about AAPL, is that while they have billions and billions in cash that people think they should return to shareholders (and they probably should)..... AAPL is essentially a hedge fund now. I'm sure you saw that article on ZH a while back about their investment office located in Reno, NV, where they are basically running a hedge fund --- investing in the market and managing the Cash on Hand.

    So perhaps what they should do is spin off the the 'hedge fund' and give shares to their shareholders, making it a closed end fund of some sort. Then, the shareholder can sell the shares if they want cash, or hold the shares... Einhorn wouldn't like that because he thinks he is smarter than the market (and he might be), and can structure a convoluted structure to unlock even more shareholder value. And I agree he can sell, or he can wage a proxy battle. If he is right, the hedge fund managers will line up behind him... and we all know that AAPL is the hedge fund hotel, so he should have a lot of backing. But filing frivolous litigation is a waste of time and money, and not the right venue for disagreement with management.
    AAPL is the Hedge Fund Hotel. But I agree, there are better ways to deal with this. I think I did see a headline today AAPL is considering something. If all those hedge funds started pulling money (all 220 some of them) they could put some pressure on them. Einhorn's coming off looking like a whiny little brat.

    Doesn't matter to me. I've owned AAPL on occasions, but not that big on them. Good stock for sure, but that's all it's good for to me. I don't and won't own any AAPL products and if they blew up and went out of business I wouldn't cry a tear.

    I give them credit though. They have done a great job helping turn people into gas pumps (because everywhere you look it seems everyone has a phone in their ear (looks kind of like a gas pump (I know, I have a twisted mind))).
    The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it - John Kenneth Galbraith

  19. #3099
    screwball's Avatar
    screwball is offline MotownSports Fan
    Join Date
    Jul 2005
    Posts
    7,355

    Default

    Quote Originally Posted by Greenwit View Post
    I think this is gonna revise the upward the negative growth numbers we saw last week.
    It very well might. I haven't had a chance to look this over very close, but from bits and pieces the change was due to oil. Rather that is increased production, therefore exports, or less demand here, I don't know. I want to look this over more this weekend.

    The market seems to agree with you too.
    The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it - John Kenneth Galbraith

  20. #3100
    screwball's Avatar
    screwball is offline MotownSports Fan
    Join Date
    Jul 2005
    Posts
    7,355

    Default

    Some Friday humor. I can't watch the video, so I'm not sure what was said, or rather to believe any of this or not. They say when the shoe shine boy is telling you how good stocks are - it's time to get out of Dodge. Not sure this is the same thing, but sure looks easy if true. I wonder if she understands the Bernanke Put?

    Friday Farce: 16 Year Old Outperforms 99% Of Hedge Funds: "Oh My Gosh, That's So Easy, I Have To Do This" | Zero Hedge

    Forget Ackman, Einhorn, Bass, And Hendry. There is only one name in the world of equity market performance in 2012 - Rachel Fox, of 'Desperate Housewives' fame. With a 30%-plus performance, the day-trading debutante has turned from actress to activist as she day-trades her way through the day. The 16-year-old actress who made 338 trades last year, based mostly on technicals, ""...fell in love with the idea and the concept of being able to just buy something, have it go up, or have it go down, depending on which way you bet it and have it make you money. I thought, oh, my, gosh, that's amazing, and so easy, I have to do this." If ever there was a sign of the extreme bubble that central planning has re-created for us - it has to be this. Her advice: "you have to really just trade on your own instincts and not just be like, oh, this person says this is great, let me just go for it." LOL, OMG, IKR ;-( Our advice: next time readers are discussing stock tips with a random employee of Hustler Club, Scores or Spearmint Rhino - don't just stare, listen! Said 'random employee' is almost certainly outpeforming the "smart money", and the broader market, by a wide margin. Thank you Ben.

    CNBC video at link - I don't think you can embed those.
    Last edited by screwball; 02-08-2013 at 05:09 PM.
    The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it - John Kenneth Galbraith

  21. #3101
    ballmich is offline MotownSports Fan
    Join Date
    Aug 2005
    Location
    Valencia, CA
    Posts
    15,805

    Default

    Venezuela just devalued their currency by 46%. The 3rd most important event in the last three months, after Obama's election and the BATS failure, and is it in the news? No.

    Is it on the main page of yahoo, thumb tacked for the weekend? No, but it should be. Is it even on the mainpage of Yahoo Finance? No, but it should be.

    We are all being played and kept in the dark, this is a global economy and this will have ripples. Currency wars have just moved from a rolling start to about 20mph. Things should really start to get interesing in coming months.

    Venezuela Launches First Nuke In Currency Wars, Devalues Currency By 46% | Zero Hedge
    Manus haec inimica tyrannis ense petit placidam sub libertate quietem.

  22. #3102
    rhino is offline MotownSports Fan
    Join Date
    Jul 2002
    Location
    michigan
    Posts
    8,433

    Default

    Quote Originally Posted by ballmich View Post
    Venezuela just devalued their currency by 46%. The 3rd most important event in the last three months, after Obama's election and the BATS failure, and is it in the news? No.

    Is it on the main page of yahoo, thumb tacked for the weekend? No, but it should be. Is it even on the mainpage of Yahoo Finance? No, but it should be.

    We are all being played and kept in the dark, this is a global economy and this will have ripples. Currency wars have just moved from a rolling start to about 20mph. Things should really start to get interesing in coming months.

    Venezuela Launches First Nuke In Currency Wars, Devalues Currency By 46% | Zero Hedge
    I'm going to have to re-read Jim Rickards book "Currency Wars".
    "If he could have, Guillen would've tried to steal Weaver's girl, scratched Weaver's car, stolen Weaver's lunch and if he had access to a metal folding chair he probably would have tried to hit Weaver with it." -Joe Posnanski

    2008 & 2009 AAT: Mike Hessman; 2010 Cory Costo; 2011 Danny Worth

  23. #3103
    screwball's Avatar
    screwball is offline MotownSports Fan
    Join Date
    Jul 2005
    Posts
    7,355

    Default

    Quote Originally Posted by rhino View Post
    I'm going to have to re-read Jim Rickards book "Currency Wars".
    Thank you. I've always wanted to read that. Now on my AMZN wishlist.

    People actually trade the stuff. I think their nuts, and that's saying something. You have to lever the snot out of it to make any money, and it can rip your face off. Nuts, just nuts. But you can trade all day and night. That's pretty cool.
    The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it - John Kenneth Galbraith

  24. #3104
    Deleterious's Avatar
    Deleterious is online now MotownSports Fan
    Join Date
    Feb 2004
    Posts
    31,768

    Default

    Americans Are Tapping Into Home Equity Again

    Lauren Lyster tweeted that article with the words "Lather, rinse, repeat." Sad but true.

  25. #3105
    Deleterious's Avatar
    Deleterious is online now MotownSports Fan
    Join Date
    Feb 2004
    Posts
    31,768

    Default

    Heads up Screwball.

    Medical Marijuana, Inc.: Audited Fourth Quarter Financial Statements Not Found - Seeking Alpha

    One of the most actively traded stocks in the OTC market during the past few weeks is Medical Marijuana, Inc. (MJNA.PK), a company trading on the pink sheets that is purportedly seeking to become the premier cannabis and hemp industry innovator.

    In a press release issued by the company today, management makes the allegation that audited fourth quarter financial statements have been released. While the news release posts financial highlights the team at the Fraud Research Institute has been unable to locate the actual audited financial statements that management claims to have released and therefore we have no choice but to question the validity of these results published in the news release.

    So far we have been unable to locate the audited financial statements on:

    EDGAR
    OTCMarkets.com
    MedicalMarijuanaInc.com

    More at the link
    EDIT: I wanted to add this disclosure from that articles author. I did not see this before I posted.

    Disclosure: I am short MJNA.PK. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
    Last edited by Deleterious; 02-08-2013 at 09:49 PM.

  26. #3106
    Deleterious's Avatar
    Deleterious is online now MotownSports Fan
    Join Date
    Feb 2004
    Posts
    31,768

    Default

    And it looks like they are posted now. I will STFU.

    Quotes and Investor Information for OTCQX, OTCQB, OTC Pink and other OTC Stocks

  27. #3107
    Greenwit's Avatar
    Greenwit is offline MotownSports Fan
    Join Date
    Jun 2005
    Location
    Ft. Worth, TX
    Posts
    9,642

    Default

    Quote Originally Posted by ballmich View Post
    Venezuela just devalued their currency by 46%. The 3rd most important event in the last three months, after Obama's election and the BATS failure, and is it in the news? No.

    Is it on the main page of yahoo, thumb tacked for the weekend? No, but it should be. Is it even on the mainpage of Yahoo Finance? No, but it should be.

    We are all being played and kept in the dark, this is a global economy and this will have ripples. Currency wars have just moved from a rolling start to about 20mph. Things should really start to get interesing in coming months.

    Venezuela Launches First Nuke In Currency Wars, Devalues Currency By 46% | Zero Hedge
    Ooops. I'm invested in fnmix emerging market income. Number one exposure is Venezuela. So I take this to be a bad.

    nm.....I think I'm OK. The bonds are dollar denominated. And the fund itself went up today.
    Last edited by Greenwit; 02-08-2013 at 11:15 PM.
    Two words: Costa Rica.

  28. #3108
    screwball's Avatar
    screwball is offline MotownSports Fan
    Join Date
    Jul 2005
    Posts
    7,355

    Default

    Quote Originally Posted by Deleterious View Post
    Only an 8 page filing. Long way from the ones from JP Morgan, or other big corporations (the banks 8ks are about impossible to figure out).

    CBIS is another pot related stock. Penny as well. If a guy wants to gamble, there you go.
    The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it - John Kenneth Galbraith

  29. #3109
    screwball's Avatar
    screwball is offline MotownSports Fan
    Join Date
    Jul 2005
    Posts
    7,355

    Default

    Quote Originally Posted by screwball View Post
    Some Friday humor. I can't watch the video, so I'm not sure what was said, or rather to believe any of this or not. They say when the shoe shine boy is telling you how good stocks are - it's time to get out of Dodge. Not sure this is the same thing, but sure looks easy if true. I wonder if she understands the Bernanke Put?

    Friday Farce: 16 Year Old Outperforms 99% Of Hedge Funds: "Oh My Gosh, That's So Easy, I Have To Do This" | Zero Hedge

    Forget Ackman, Einhorn, Bass, And Hendry. There is only one name in the world of equity market performance in 2012 - Rachel Fox, of 'Desperate Housewives' fame. With a 30%-plus performance, the day-trading debutante has turned from actress to activist as she day-trades her way through the day. The 16-year-old actress who made 338 trades last year, based mostly on technicals, ""...fell in love with the idea and the concept of being able to just buy something, have it go up, or have it go down, depending on which way you bet it and have it make you money. I thought, oh, my, gosh, that's amazing, and so easy, I have to do this." If ever there was a sign of the extreme bubble that central planning has re-created for us - it has to be this. Her advice: "you have to really just trade on your own instincts and not just be like, oh, this person says this is great, let me just go for it." LOL, OMG, IKR ;-( Our advice: next time readers are discussing stock tips with a random employee of Hustler Club, Scores or Spearmint Rhino - don't just stare, listen! Said 'random employee' is almost certainly outpeforming the "smart money", and the broader market, by a wide margin. Thank you Ben.

    CNBC video at link - I don't think you can embed those.
    I had a chance to watch this video. This girl has no idea what she is doing. She claims to be a day trader, but that isn't how it's done, or at least done right if that's what you want to do. Why they would parade her on "The best in business worldwide" CNBC is suspect, but then again, it IS CNBC. If she's not lying, she was lucky, not good, and I suspect her returns will not stay at 30 percent.
    The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it - John Kenneth Galbraith

  30. #3110
    Deleterious's Avatar
    Deleterious is online now MotownSports Fan
    Join Date
    Feb 2004
    Posts
    31,768

    Default

    Rickards is a barrel of fun.

    Something went wrong. Please make sure you added the video correctly. Click here to see how YouTube videos should be embedded. There could also be a technical issue that's not your fault. Click here to view the video on YouTube's site. If this link doesn't work, you did something wrong.

  31. #3111
    Deleterious's Avatar
    Deleterious is online now MotownSports Fan
    Join Date
    Feb 2004
    Posts
    31,768

  32. #3112
    Deleterious's Avatar
    Deleterious is online now MotownSports Fan
    Join Date
    Feb 2004
    Posts
    31,768

  33. #3113
    Deleterious's Avatar
    Deleterious is online now MotownSports Fan
    Join Date
    Feb 2004
    Posts
    31,768

  34. #3114
    Greenwit's Avatar
    Greenwit is offline MotownSports Fan
    Join Date
    Jun 2005
    Location
    Ft. Worth, TX
    Posts
    9,642

    Default

    Real estate equities have been doing well. Wonder how long that will last.
    Two words: Costa Rica.

  35. #3115
    Greenwit's Avatar
    Greenwit is offline MotownSports Fan
    Join Date
    Jun 2005
    Location
    Ft. Worth, TX
    Posts
    9,642

    Default

    WSJ article on investor herd movement. Low yields + rising stock market = massive movement back into equities. Not a good idea to invest at the top. People who have held equities for awhile and were not scared out of the market will probably be selling soon and we'll see a correction.

    Two words: Costa Rica.

  36. #3116
    screwball's Avatar
    screwball is offline MotownSports Fan
    Join Date
    Jul 2005
    Posts
    7,355

    Default

    Quote Originally Posted by Greenwit View Post
    WSJ article on investor herd movement. Low yields + rising stock market = massive movement back into equities. Not a good idea to invest at the top. People who have held equities for awhile and were not scared out of the market will probably be selling soon and we'll see a correction.

    I have read this called "the great rotation" but not convinced myself this is happening. This is why a while back I said this could get interesting when we get within the 1574 top. If this market is real, and the economy is actually growing, which should be a sign of a strong market - people should be selling bonds and take out positions in the risk market.

    It takes the big boys weeks, maybe months to get positioned in stocks. If that is happening, we should see the market rise (with volume) and the bonds being sold (rising interest rates).

    Do we see that yet? I'm not so sure.

    But what if we do? What happens if yields start going up? For every 1 percent the aggregate bonds outstanding (across the curve) by the Treasury (yields they must pay) rise, that's a 1.6 billion dollar hit to the debt outstanding (+/- a little bit).

    Think they want to do that? Do you think the banks want to see the interest rates rise? No more ZIRP?

    We'll see.
    The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it - John Kenneth Galbraith

  37. #3117
    screwball's Avatar
    screwball is offline MotownSports Fan
    Join Date
    Jul 2005
    Posts
    7,355

    Default Japan’s economic minister wants Nikkei to surge 17% to 13,000 by March

    Japan’s economic minister wants Nikkei to surge 17% to 13,000 by March | The Japan Times

    YOKOHAMA – Economic and fiscal policy minister Akira Amari said Saturday the government will step up economic recovery efforts so that the benchmark Nikkei index jumps an additional 17 percent to 13,000 points by the end of March.

    “It will be important to show our mettle and see the Nikkei reach the 13,000 mark by the end of the fiscal year (March 31),” Amari said in a speech.

    The Nikkei 225 stock average, which last week climbed to its highest level since September 2008, finished at 11,153.16 on Friday.

    “We want to continue taking (new) steps to help stock prices rise” further, Amari stressed, referring to the core policies of the Liberal Democratic Party administration — the promotion of bold monetary easing, fiscal spending and greater private sector investment.

    Amari said the Nikkei’s recent surge translates into combined share appraisal gains of some ¥38 trillion among domestic corporations, including financial institutions.

    The key index started rallying from around 8,600 points in mid-November when then-Prime Minister Yoshihiko Noda decided to hold a general election Dec. 16 that saw his ruling Democratic Party of Japan trounced by the LDP. Share prices have risen largely in response to the yen’s depreciation against other major currencies on expectations for aggressive monetary easing measures by the Bank of Japan since the LDP’s return to power.

    ***
    Debasing currency to get the markets to rise. Never seen that before <cough cough>.
    ***

    Link to ETF database below - don't forget your DD

    The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it - John Kenneth Galbraith

  38. #3118
    Greenwit's Avatar
    Greenwit is offline MotownSports Fan
    Join Date
    Jun 2005
    Location
    Ft. Worth, TX
    Posts
    9,642

    Default

    I've got a stake in MAPIX, Matthews Asia Dividend Fund...major holdings by country:

    Australia 7.62%
    China 16.79%
    Hong Kong 12.66%
    Singapore 11.74%
    Japan 24.41%

    I've got that in my 401k....if my employer would have allowed it, I would have gone with an ETF.
    Two words: Costa Rica.

  39. #3119
    screwball's Avatar
    screwball is offline MotownSports Fan
    Join Date
    Jul 2005
    Posts
    7,355

    Default

    Don't mistake my post as a buy. I only posted that in case someone is interested. Seems if someone admits they (Japan) want to raise the market to X, when it is at Y, you might want to get on the bus and take a ride. And I might, don't know.

    That said, I don't give advice and buy recommendations. But I do post some info like we all do. I feel very uncomfortable giving advise or buys. I want to make sure nobody gets the wrong idea. I'm just passing along info not recommending anyone to buy anything. I might do a NFLX trade like I did a while back, but only for fun. If I have a position in something, and talk about it here, I will disclose that info as well. That is general courtesy to others in an environment such as this IMHO.
    The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it - John Kenneth Galbraith

  40. #3120
    Deleterious's Avatar
    Deleterious is online now MotownSports Fan
    Join Date
    Feb 2004
    Posts
    31,768

    Default

    I bought it and went bust. Now you have to let me move in with you and the wife. We could make it a reality show.

Similar Threads

  1. Magglio's Millions - archived column
    By Oblong in forum Detroit Tigers
    Replies: 28
    Last Post: 02-12-2010, 01:26 AM
  2. Sonia Sotomayor - would you confim her?
    By JohnJMS in forum Political Discussions
    Replies: 190
    Last Post: 06-17-2009, 12:30 AM
  3. Whitecaps Investing in Offseason Ballpark Improvements
    By RSS Feeder in forum West Michigan Whitecaps
    Replies: 5
    Last Post: 10-21-2008, 06:31 PM
  4. Investing
    By Joe Gahona in forum MotownSports Bar and Grill
    Replies: 14
    Last Post: 11-11-2005, 05:32 PM
  5. Investing for your retirement
    By CMRivdog in forum MotownSports Bar and Grill
    Replies: 0
    Last Post: 01-27-2005, 03:40 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •