Georealist

373 Comments

    • The Current Financial Crisis: 100 Year Storm? [view article]
      The 100 year is a "depression"... think? If Japan had one of these 50 year whoppers then it must have started in 1958....Please, if your going to go hysteric on us at least get the math right. Typical Alpha garbage..... Aug 20 10:17 AM
    • No Renewed Bull Phase for Metals Miners Just Yet [view article]
      Of course Mark Anthony is incorrect as usual. Physical platinum has been falling because of sever restructuring of PGM expected use industrially. Platinum and palladium are still overwhelmingly not investment of jewelry driven markets.
      IF...supplies were tight and demand was level we wouldNOT have seen a 43% drop in palladium and a like drop in Platinum.
      Why Mr. Anthony has a website is beyond me...his Alpha articles are scattered and largely incomprehensible..and he doesn't seem to understand metal market basics.
      I'd also argue with Mr. Cara that what we are seeing could even remotely be seen as a dollar bull. It's...if anything..a response to Euro slamming..the US dollar will get over this short lived reflexive move up soon..and resume it's very long forward looking slide. Uranium..silver (especially) and palladium have great upside potential after a very brief levelling period...October/Nov sounds about right.       Aug 19 05:36 PM
    • What the Russian-Georgian War Means for the Euro [view article]
      Russia is "forced" to deal with Europe?? I think it's largely the other way around. I don't know I'd be placing any currency bets based on the Russian-broader Caucasus developments..However, I definitely would expect every resource Russia has control over to be squeezed hard before let go...oil and nat gas (especially in the Euro-Asian region could cost much more VERY soon. $85 oil is really someones fantasy.... Aug 17 08:38 PM
    • CANROYs Remain Attractive as Oil-Related Investments [view article]
      For those new to the bashing..paultaut and (thankfully) a nuisance contributor named David Bui have continually bashed the Canroys and PWE in particular..they never have understood the nature of cash flow and how the oil/gas Trusts and MLPs (like LINN ENERGY) manage their assets to cover distributions.
      I've invested in the oil/gas end of these Trusts and MLPs for years..and despite political surprises in Canada and the start up hazards of MLPs in the States they have been hugely profitable...I used to hear the same idiotic bashing of PrimeWest..until it was bought out by a Middle Eastern concern at a substantial markup and bonanza for investors.
      PWE in particular has over a decade (14.5 years) of reserves with a mixture of light oil/nat gas/heavy oil (sands)...it is a SAFE HAVEN producer..another aspect bashers just don't seem to fathom! What ARE their investment ideas? They don't have any! Like doomers everywhere they only know what they don't like..and that is inexhaustible!       Aug 17 12:47 PM
    • Painful Surprises and Big Lessons with Precious Metals & Energy [view article]
      Reading this article is a stern reminder why having a macro viewpoint and understanding the foundational movement of investments is critical. Gold and (especially) silvers corections aren't anything but typical and typically severe in a long trend movement. Gold is NOT falling because of a fear of rising US rates! The Fed won't/can't raise rates because of the almost instantaneous collapse of every variable rate debt instrument in existence. Mr. Zeman's notion that traders will not Buy because prices have fallen so far is truly amazing! And inflation "cuts both ways" for gold...!! Even in August that could lock down the dumbest comment of the year award.
      At these prices silver looks especially attractive (down 32% from its last high)...by the by..we really don't need the kind of pretentious doom gloom garbage and "final reckoning" nonsense of James Seaberg (comment above). Central Banks will do what they always do..inflate. The metals correction we see are really regroupings while the fearful and potentially insolvent hoard cash till the next burst of liquidity. You can't profit from the system unless you understand how it works...like it or not.       Aug 17 10:42 AM
    • Like a Fine Watch, a Swiss Fund [view article]
      Nice to see something about one of the most stable and interesting of th CEFs..a few additions to the article...
      1. SWZ has a most interesting portfolio..that would be difficult to reproduce on an individual equity level. At one time it would have been virtually impossible.
      2. The history of the fund i one of consistent..and occasionally very substantial..semi-annu... payouts..these have..on occassion..given holders upwards of a 10% distribution.
      3. Roughly..below $15..and discount beyond 10% and you're practically assured of substantial returns..
      SWZ is a real under the radar gem...typically something not seen on this miserable site.       Aug 07 04:50 PM
    • Everyone Wants the Commodity Bubble To Be Pricked [view article]
      It's either an "abnormal" runup or not..the question is hardly answered by "whatever the case." Every bubble I can think of either involved something that was frivolous or didn't exist (tulips..South Sea "markets") or was something people could easily live without (garbage technology or houses)...
      People need to live somewhere..but they don't need to "buy" where they live. In fact..I'd argue they didn't buy anything..they rented a pretend life for a year or two.
      Food..metals..oil/gas are the stuff of life..and billions..not millions..more people need them than ever before. If anyone thinks these critical denominators are coming down more than marginally anytime soon they must either be living in an alternate universe...or they believe a truly devastating depression is near. At least that would be a point of view..you offer NO point of view..NO investable ideas..NO NOTHING!       Aug 01 11:27 AM
    • Silver Wheaton: Still Waiting for the Growth [view article]
      My thinking runs alkong the lines of yours..SLW hs a unique business model..it's hard to argue management bloat with 4 employees....The upside that's hard to quantify on a silver proxy is the really low risk involved.
      I've traded in and out of SLW and done respectably well...I think waiting for $12 is a stretch...below $13 and I always jump in!       Jul 30 08:06 PM
    • Enterprise Products: Pipeline to Profits [view article]
      Those 2 oil/gas producers?...LINE and PWE. Add them to EPD and you have 3 money making machines that make Exxon's dividend seem miserly...which it is. Jul 28 09:36 AM
    • Enterprise Products: Pipeline to Profits [view article]
      The markets evaluation of EPD (and I'll throw in 2 safe haven oil/gas producers whose assessment has been faulty) is tinged by the near hysterical blindness gripping investors..all to our benefit! EPD is a critical piece of energy infrastructure that is adding to its portfolio consistently.
      It deals in a product that MUST be used and they receive payment regardless of that products near term ups and downs! I own and will buy more at every opportunity below 32.00.       Jul 28 09:35 AM
    • Insiders Preparing for Major Drop in Oil Prices [view article]
      Very interesting..and you dress for work each day?! Have you ever heard of marginal utility? Just curious..because something doubling in price has no direct relationship to any particular fractional increase in demand (or vice versa..if you know what that means). Oil at the margin is in tight supply...those who need will pay. It's really a matter of how much marginal buyers can decrease demand or substitute.
      Peak oil is THE driving concept here..that is what Pickens means when he says "we can't drill our way out of it.." A somewhat unfortunate phrase that the sporadically retarded Nancy Pelosi has latched onto...he clearly means..there's not enough oil to supply the distant future..he does NOT mean STOP DRILLING for oil..it's useless...
      In any case..a truly overlong and windy article. Kind of pretentious if you get the drift.       Jul 27 07:52 PM
    • Short Oil as a Long Investment [view article]
      Adjustments will be made..demand destruction ALWAYS comes into play..and China and India are not the financial stalwarts most believe. When those two flash in the pans are hit with ever increasing costs they'll revert to much less aggressive, high profile postures...as for DUG...
      It's important to do ones due diligence...DUG is a play on oil companies/oil related companies..NOT OIL.....It's very possible..in fact, we saw it last week...oil can go down and oil companies can rise. If an investor wants to play a fall in oil/gas then buy DTO. The kind of recession/depression that would be brought on by $200 oil and $20 Nat gas would be devastating for companies...everything would grind to a halt.       Jul 21 11:46 AM
    • Roger Wiegand, Part II: Commodities Provide a Hedge in Turbulent Times [view article]
      So queztlwhatever..you CAN generate enthusiasm for what??? Maybe we should collect Aztec artifacts..or Mexican pesos?? Please advise amigo.... Jul 20 09:34 PM
    • The Best Safe-Haven Investments, and Some Potential Threats [view article]
      ..Stupid hat..stupid ideas..I'd sooner listen to my dog bark Jul 16 09:21 PM
    • Can the Dow and S&P Last 15 Rounds? [view article]
      I'm not sure who seems to know less about Candian Trusts...the useless David Bui or paultaut in his comments above...Not everything will go down if the Dow goes down...Canadian Trusts like PWE will be able to increase dividends even if oil drops to $110 a barrel..very unlikely.
      Oil may be near a top at this point but natural gas certainly is far from one..and most CanRoys are largely gas oriented. It really pays to listen to someone who actually knows something in this area.       Jul 13 09:12 PM
Loading...
Symbols:
Authors:
Quick Links:
Contribute an Article Become a Seeking Alpha Contributor

Transcripts

More Transcripts»

Trading Center