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komerican
Joined: 17 Dec 2006
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 Posted: Wed Aug 10, 2011 8:36 pm Post subject: |
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| buy corn, sell wheat |
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teacherinseoul
Joined: 18 May 2008
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| Posted: Thu Aug 11, 2011 4:30 am Post subject: |
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| tran.huongthu wrote: |
Stay on the sidelines and BTFD in gold. The CME is going to push gold down with margins just like they did with silver, so that way the big players can load the boat. After they do you should go all in for the next leg up. You could always buy in at different intervals too if you are not sure when the bottom will be in gold. Looks like the CME raised rates already and it went down already from 1820 to 1780.
Otherwise I'd suggest buying bonds in countries such as Switzerland, Australia, Germany etc. |
You're correct about the margin increase. Thanks for that heads up. I'm in favour of margin increases across the board, and especially in oil, where the layperson gets hosed at the pump because of speculation. But this hike really lends fuel to the conspiracy theorist fire. Of course brokerages don't want people buying gold: you don't need a broker to get the physical stuff. You can go to any pawn shop for your Krugerrand coins.
I'm also of the mind that gold may have some legs left in it -- perhaps enough to reach 2K/ounce. China has a ridiculous surplus to invest, and
I'm sure they're tired of treasuries. This summer, they're establishing a fund to buy foreign gold ETFs, which are redeemable in bullion (i.e., they want their population to invest in foreign gold, because the government scoops up most of the gold produced in-country).
On the bond front, I'd watch out for Swiss and Japanese bonds since both countries may stage currency interventions, knocking down their money to help exporters. Australian bonds have great yields, but the Aussie dollar is going in the wrong direction after a year-long climb. Germany, Canada and the US all have depressing yields of less than 2%. Maybe corporate bonds are better?
When I start putting my money back into the market, it'll be in multiple sectors, with solid P/E companies having dividends > 3%. Maybe the gold money gets flipped into silver, assuming the latter goes down a few dollars from its current price. |
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atwood
Joined: 26 Dec 2009
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| Posted: Sun Aug 14, 2011 6:39 am Post subject: |
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| Yaya wrote: |
| atwood wrote: |
| Yaya wrote: |
| atwood wrote: |
| Yaya wrote: |
| atwood wrote: |
| Yaya wrote: |
| Modernist wrote: |
| Ooohh, National Review!! Those guys are never wrong! |
And so I guess you're some smart economist who has nothing better to do than teach English in Korea, right?  |
I agree that it's no time to panic--when is it?--but Larry Kudlow is not someone I would look to for economic advice. He's basically just a talking head. |
And you are? |
Someone who knows enough not to listen to Larry Kudlow. |
Uh, whatever. Not saying Kudlow is right or wrong but he is an economist with a national audience and worth listening to.
And if you need another source:
Former Federal Reserve Chairman Alan Greenspan on Sunday downplayed the risk of a double-dip recession in the United States, saying its domestic economy was in better shape compared to its European peers.
http://www.reuters.com/article/2011/08/07/us-usa-economy-greenspan-idUSTRE7761XF20110807 |
IN YOUR OPINION, he is worth listening to. There are plenty of people with a national audience. That doesn't make someone a good source of information.
Greenspan is the guy who fiddled while the economy was being undermined.
As I said in my first post, I agree it's no time to panic. But for everyone of your sources saying it's not that bad, you can find another economist, analyst, broadcaster saying exactly the opposite.
The best advice is to listen to none of these guys. You think Warren Buffett listens to Kudlow? |
My opinion and anyone with half a brain considering the wannabes on this board. You've posted no links or proof to back up your claims.
I'm not saying another recession won't happen but I'm not buying the "sky is falling" cries of many media outlets just yet.
This time investors are worried that Europe's debt crisis could slam an already weak U.S. economy. But few analysts think it will do as much damage as the collapse in home prices and mortgage-backed securities did in 2008, when they caused a credit squeeze and banks feared lending to each other.
http://www.herald-dispatch.com/business/x1974076206/Europe-crisis-revives-08-fears-but-risks-are-less |
If you need links to prove that Kudlow is a tool, you're in sad shape.
Your post proves my point. Some media outlets are negative, others are positive. It makes no sense to listen to any of them. No one can predict the future. |
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Yaya
Joined: 25 Feb 2003
Location: Seoul
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| Posted: Sun Aug 14, 2011 7:58 am Post subject: |
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| atwood wrote: |
| Yaya wrote: |
| atwood wrote: |
| Yaya wrote: |
| atwood wrote: |
| Yaya wrote: |
| atwood wrote: |
| Yaya wrote: |
| Modernist wrote: |
| Ooohh, National Review!! Those guys are never wrong! |
And so I guess you're some smart economist who has nothing better to do than teach English in Korea, right? |
I agree that it's no time to panic--when is it?--but Larry Kudlow is not someone I would look to for economic advice. He's basically just a talking head. |
And you are? |
Someone who knows enough not to listen to Larry Kudlow. |
Uh, whatever. Not saying Kudlow is right or wrong but he is an economist with a national audience and worth listening to.
And if you need another source:
Former Federal Reserve Chairman Alan Greenspan on Sunday downplayed the risk of a double-dip recession in the United States, saying its domestic economy was in better shape compared to its European peers.
http://www.reuters.com/article/2011/08/07/us-usa-economy-greenspan-idUSTRE7761XF20110807 |
IN YOUR OPINION, he is worth listening to. There are plenty of people with a national audience. That doesn't make someone a good source of information.
Greenspan is the guy who fiddled while the economy was being undermined.
As I said in my first post, I agree it's no time to panic. But for everyone of your sources saying it's not that bad, you can find another economist, analyst, broadcaster saying exactly the opposite.
The best advice is to listen to none of these guys. You think Warren Buffett listens to Kudlow? |
My opinion and anyone with half a brain considering the wannabes on this board. You've posted no links or proof to back up your claims.
I'm not saying another recession won't happen but I'm not buying the "sky is falling" cries of many media outlets just yet.
This time investors are worried that Europe's debt crisis could slam an already weak U.S. economy. But few analysts think it will do as much damage as the collapse in home prices and mortgage-backed securities did in 2008, when they caused a credit squeeze and banks feared lending to each other.
http://www.herald-dispatch.com/business/x1974076206/Europe-crisis-revives-08-fears-but-risks-are-less |
If you need links to prove that Kudlow is a tool, you're in sad shape.
Your post proves my point. Some media outlets are negative, others are positive. It makes no sense to listen to any of them. No one can predict the future. |
Yet again, you fail to post anything backing up your claim. I'd say your job as ESL teacher in Korea is pretty appropriate. |
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Modernist
Joined: 23 Mar 2011
Location: The 90s
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| Posted: Mon Aug 15, 2011 4:03 pm Post subject: |
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| Where's thegadfly with his/her avatar picture when we need it? |
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No_hite_pls
Joined: 05 Mar 2007
Location: Don't hate me because I'm right
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| Posted: Tue Aug 16, 2011 3:57 pm Post subject: |
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This is why I have been buying stock last week. I always believe the time to buy is one everyone else is panicking. |
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akcrono
Joined: 11 Mar 2010
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| Posted: Wed Aug 17, 2011 12:00 am Post subject: |
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| Yaya wrote: |
| atwood wrote: |
| Yaya wrote: |
| atwood wrote: |
| Yaya wrote: |
| atwood wrote: |
| Yaya wrote: |
| atwood wrote: |
| Yaya wrote: |
| Modernist wrote: |
| Ooohh, National Review!! Those guys are never wrong! |
And so I guess you're some smart economist who has nothing better to do than teach English in Korea, right? |
I agree that it's no time to panic--when is it?--but Larry Kudlow is not someone I would look to for economic advice. He's basically just a talking head. |
And you are? |
Someone who knows enough not to listen to Larry Kudlow. |
Uh, whatever. Not saying Kudlow is right or wrong but he is an economist with a national audience and worth listening to.
And if you need another source:
Former Federal Reserve Chairman Alan Greenspan on Sunday downplayed the risk of a double-dip recession in the United States, saying its domestic economy was in better shape compared to its European peers.
http://www.reuters.com/article/2011/08/07/us-usa-economy-greenspan-idUSTRE7761XF20110807 |
IN YOUR OPINION, he is worth listening to. There are plenty of people with a national audience. That doesn't make someone a good source of information.
Greenspan is the guy who fiddled while the economy was being undermined.
As I said in my first post, I agree it's no time to panic. But for everyone of your sources saying it's not that bad, you can find another economist, analyst, broadcaster saying exactly the opposite.
The best advice is to listen to none of these guys. You think Warren Buffett listens to Kudlow? |
My opinion and anyone with half a brain considering the wannabes on this board. You've posted no links or proof to back up your claims.
I'm not saying another recession won't happen but I'm not buying the "sky is falling" cries of many media outlets just yet.
This time investors are worried that Europe's debt crisis could slam an already weak U.S. economy. But few analysts think it will do as much damage as the collapse in home prices and mortgage-backed securities did in 2008, when they caused a credit squeeze and banks feared lending to each other.
http://www.herald-dispatch.com/business/x1974076206/Europe-crisis-revives-08-fears-but-risks-are-less |
If you need links to prove that Kudlow is a tool, you're in sad shape.
Your post proves my point. Some media outlets are negative, others are positive. It makes no sense to listen to any of them. No one can predict the future. |
Yet again, you fail to post anything backing up your claim. I'd say your job as ESL teacher in Korea is pretty appropriate. |
He does it a lot. |
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Yaya
Joined: 25 Feb 2003
Location: Seoul
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| Posted: Wed Aug 17, 2011 9:40 pm Post subject: |
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Don't forget that before Korea got the IMF bailout in late 1997, its foreign exchange reserves amounted to around 55 billion U.S. dollars. That figure has surpassed 310 billion dollars this year, so FX reserves-wise, Korea is very safe.
And Korea was one of the few economies that did not suffer negative yearly growth after the 2008 crisis erupted. The country's economic fundamentals are strong. Not saying something bad won't or can't happen but Korea has learned well from its past crises. |
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teacherinseoul
Joined: 18 May 2008
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| Posted: Thu Aug 18, 2011 6:26 am Post subject: |
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The DOW is down over 4% in morning trading. The dead cat bounce just got wiped out in one day. You know that it's time to get out of the market when most of the experts say "the trend is down, the house is burning, find a nice hole in which to stuff your money."
I'm sure high frequency trading (i.e., machine-generated buying algorithms) is at least partly responsible for this volatility, because the NASDAQ always has the largest swings, and it's also the exchange with the most HFT.
Interestingly, silver did not go down in price today, when the exchanges took it on the nose. One has to wonder if silver is going to become a safe haven commodity as security-seekers look for alternatives to increasingly expensive gold. |
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tran.huongthu
Joined: 23 May 2011
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| Posted: Thu Aug 18, 2011 7:00 am Post subject: |
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| teacherinseoul wrote: |
The DOW is down over 4% in morning trading. The dead cat bounce just got wiped out in one day. You know that it's time to get out of the market when most of the experts say "the trend is down, the house is burning, find a nice hole in which to stuff your money."
I'm sure high frequency trading (i.e., machine-generated buying algorithms) is at least partly responsible for this volatility, because the NASDAQ always has the largest swings, and it's also the exchange with the most HFT.
Interestingly, silver did not go down in price today, when the exchanges took it on the nose. One has to wonder if silver is going to become a safe haven commodity as security-seekers look for alternatives to increasingly expensive gold. |
Wish I would have taken my own advice and bought gold on its most recent pullback. Still up over 200% on AGQ and think silver has a lot of room to run once more people start to look for safe havens from this brutal market and like u said cheaper alt to gold. |
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chillout121
Joined: 26 Nov 2009
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| Posted: Thu Aug 18, 2011 7:00 pm Post subject: |
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Gold has gone parabolic and it can run more, but it's a bad time to start a new position unless you got a way to unload it quickly... or you want to hold onto some wild volatility.
Silver is just crazy and I hesitate to make any calls on it other than it will go to near $100 sometime in the next few years.
Palladium looks like it's gearing to go up to $1000/oz.
The markets seem to be setting up for a lower low than last week but it could just be making the floor for a bigger bounce.
Or maybe the whole world is really going to hell in a hand bag?
Sentiment can turn on a dime! |
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atwood
Joined: 26 Dec 2009
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| Posted: Thu Aug 18, 2011 11:10 pm Post subject: |
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| Yaya wrote: |
| atwood wrote: |
| Yaya wrote: |
| atwood wrote: |
| Yaya wrote: |
| atwood wrote: |
| Yaya wrote: |
| atwood wrote: |
| Yaya wrote: |
| Modernist wrote: |
| Ooohh, National Review!! Those guys are never wrong! |
And so I guess you're some smart economist who has nothing better to do than teach English in Korea, right? |
I agree that it's no time to panic--when is it?--but Larry Kudlow is not someone I would look to for economic advice. He's basically just a talking head. |
And you are? |
Someone who knows enough not to listen to Larry Kudlow. |
Uh, whatever. Not saying Kudlow is right or wrong but he is an economist with a national audience and worth listening to.
And if you need another source:
Former Federal Reserve Chairman Alan Greenspan on Sunday downplayed the risk of a double-dip recession in the United States, saying its domestic economy was in better shape compared to its European peers.
http://www.reuters.com/article/2011/08/07/us-usa-economy-greenspan-idUSTRE7761XF20110807 |
IN YOUR OPINION, he is worth listening to. There are plenty of people with a national audience. That doesn't make someone a good source of information.
Greenspan is the guy who fiddled while the economy was being undermined.
As I said in my first post, I agree it's no time to panic. But for everyone of your sources saying it's not that bad, you can find another economist, analyst, broadcaster saying exactly the opposite.
The best advice is to listen to none of these guys. You think Warren Buffett listens to Kudlow? |
My opinion and anyone with half a brain considering the wannabes on this board. You've posted no links or proof to back up your claims.
I'm not saying another recession won't happen but I'm not buying the "sky is falling" cries of many media outlets just yet.
This time investors are worried that Europe's debt crisis could slam an already weak U.S. economy. But few analysts think it will do as much damage as the collapse in home prices and mortgage-backed securities did in 2008, when they caused a credit squeeze and banks feared lending to each other.
http://www.herald-dispatch.com/business/x1974076206/Europe-crisis-revives-08-fears-but-risks-are-less |
If you need links to prove that Kudlow is a tool, you're in sad shape.
Your post proves my point. Some media outlets are negative, others are positive. It makes no sense to listen to any of them. No one can predict the future. |
Yet again, you fail to post anything backing up your claim. I'd say your job as ESL teacher in Korea is pretty appropriate. |
I'm not claiming anything. I'm stating facts based on empirical evidence. You're too dense to recognize that.
But go ahead and prove your point. Show me Kudlow's investment record or that of any of the pundits you so highly esteem. Show me the riches you've made following their advice. That should be easy enough.
Or you can keep up the ol' bob and weave. |
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atwood
Joined: 26 Dec 2009
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| Posted: Thu Aug 18, 2011 11:16 pm Post subject: |
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| tran.huongthu wrote: |
| teacherinseoul wrote: |
The DOW is down over 4% in morning trading. The dead cat bounce just got wiped out in one day. You know that it's time to get out of the market when most of the experts say "the trend is down, the house is burning, find a nice hole in which to stuff your money."
I'm sure high frequency trading (i.e., machine-generated buying algorithms) is at least partly responsible for this volatility, because the NASDAQ always has the largest swings, and it's also the exchange with the most HFT.
Interestingly, silver did not go down in price today, when the exchanges took it on the nose. One has to wonder if silver is going to become a safe haven commodity as security-seekers look for alternatives to increasingly expensive gold. |
Wish I would have taken my own advice and bought gold on its most recent pullback. Still up over 200% on AGQ and think silver has a lot of room to run once more people start to look for safe havens from this brutal market and like u said cheaper alt to gold. |
Silver is fundamentally different from gold in that it has industrial uses. Same for palladium. That makes them safer than gold in some ways but also means they are not nearly the portfolio diversifier that gold is. Of course, if you;re speculating, it doesn't matter. |
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Yaya
Joined: 25 Feb 2003
Location: Seoul
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| Posted: Thu Aug 18, 2011 11:41 pm Post subject: |
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| atwood wrote: |
| Yaya wrote: |
| atwood wrote: |
| Yaya wrote: |
| atwood wrote: |
| Yaya wrote: |
| atwood wrote: |
| Yaya wrote: |
| atwood wrote: |
| Yaya wrote: |
| Modernist wrote: |
| Ooohh, National Review!! Those guys are never wrong! |
And so I guess you're some smart economist who has nothing better to do than teach English in Korea, right? |
I agree that it's no time to panic--when is it?--but Larry Kudlow is not someone I would look to for economic advice. He's basically just a talking head. |
And you are? |
Someone who knows enough not to listen to Larry Kudlow. |
Uh, whatever. Not saying Kudlow is right or wrong but he is an economist with a national audience and worth listening to.
And if you need another source:
Former Federal Reserve Chairman Alan Greenspan on Sunday downplayed the risk of a double-dip recession in the United States, saying its domestic economy was in better shape compared to its European peers.
http://www.reuters.com/article/2011/08/07/us-usa-economy-greenspan-idUSTRE7761XF20110807 |
IN YOUR OPINION, he is worth listening to. There are plenty of people with a national audience. That doesn't make someone a good source of information.
Greenspan is the guy who fiddled while the economy was being undermined.
As I said in my first post, I agree it's no time to panic. But for everyone of your sources saying it's not that bad, you can find another economist, analyst, broadcaster saying exactly the opposite.
The best advice is to listen to none of these guys. You think Warren Buffett listens to Kudlow? |
My opinion and anyone with half a brain considering the wannabes on this board. You've posted no links or proof to back up your claims.
I'm not saying another recession won't happen but I'm not buying the "sky is falling" cries of many media outlets just yet.
This time investors are worried that Europe's debt crisis could slam an already weak U.S. economy. But few analysts think it will do as much damage as the collapse in home prices and mortgage-backed securities did in 2008, when they caused a credit squeeze and banks feared lending to each other.
http://www.herald-dispatch.com/business/x1974076206/Europe-crisis-revives-08-fears-but-risks-are-less |
If you need links to prove that Kudlow is a tool, you're in sad shape.
Your post proves my point. Some media outlets are negative, others are positive. It makes no sense to listen to any of them. No one can predict the future. |
Yet again, you fail to post anything backing up your claim. I'd say your job as ESL teacher in Korea is pretty appropriate. |
I'm not claiming anything. I'm stating facts based on empirical evidence. You're too dense to recognize that.
But go ahead and prove your point. Show me Kudlow's investment record or that of any of the pundits you so highly esteem. Show me the riches you've made following their advice. That should be easy enough.
Or you can keep up the ol' bob and weave. |
OK, you talk about empirical evidence but to no surprise, you don't cite any. Maybe YOU are the dense one in that you never deliver what you pledge.
And your second paragraph shows yet again your inherent laziness to look up stuff yourself. It's not my fault that you can't look up facts or support data.
It seems YOU are the one resorting to the bob and weave. I won't bother responding anymore to such a clueless poster like yourself. |
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atwood
Joined: 26 Dec 2009
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| Posted: Fri Aug 19, 2011 2:12 am Post subject: |
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| Yaya wrote: |
| atwood wrote: |
| Yaya wrote: |
| atwood wrote: |
| Yaya wrote: |
| atwood wrote: |
| Yaya wrote: |
| atwood wrote: |
| Yaya wrote: |
| atwood wrote: |
| Yaya wrote: |
| Modernist wrote: |
| Ooohh, National Review!! Those guys are never wrong! |
And so I guess you're some smart economist who has nothing better to do than teach English in Korea, right? |
I agree that it's no time to panic--when is it?--but Larry Kudlow is not someone I would look to for economic advice. He's basically just a talking head. |
And you are? |
Someone who knows enough not to listen to Larry Kudlow. |
Uh, whatever. Not saying Kudlow is right or wrong but he is an economist with a national audience and worth listening to.
And if you need another source:
Former Federal Reserve Chairman Alan Greenspan on Sunday downplayed the risk of a double-dip recession in the United States, saying its domestic economy was in better shape compared to its European peers.
http://www.reuters.com/article/2011/08/07/us-usa-economy-greenspan-idUSTRE7761XF20110807 |
IN YOUR OPINION, he is worth listening to. There are plenty of people with a national audience. That doesn't make someone a good source of information.
Greenspan is the guy who fiddled while the economy was being undermined.
As I said in my first post, I agree it's no time to panic. But for everyone of your sources saying it's not that bad, you can find another economist, analyst, broadcaster saying exactly the opposite.
The best advice is to listen to none of these guys. You think Warren Buffett listens to Kudlow? |
My opinion and anyone with half a brain considering the wannabes on this board. You've posted no links or proof to back up your claims.
I'm not saying another recession won't happen but I'm not buying the "sky is falling" cries of many media outlets just yet.
This time investors are worried that Europe's debt crisis could slam an already weak U.S. economy. But few analysts think it will do as much damage as the collapse in home prices and mortgage-backed securities did in 2008, when they caused a credit squeeze and banks feared lending to each other.
http://www.herald-dispatch.com/business/x1974076206/Europe-crisis-revives-08-fears-but-risks-are-less |
If you need links to prove that Kudlow is a tool, you're in sad shape.
Your post proves my point. Some media outlets are negative, others are positive. It makes no sense to listen to any of them. No one can predict the future. |
Yet again, you fail to post anything backing up your claim. I'd say your job as ESL teacher in Korea is pretty appropriate. |
I'm not claiming anything. I'm stating facts based on empirical evidence. You're too dense to recognize that.
But go ahead and prove your point. Show me Kudlow's investment record or that of any of the pundits you so highly esteem. Show me the riches you've made following their advice. That should be easy enough.
Or you can keep up the ol' bob and weave. |
OK, you talk about empirical evidence but to no surprise, you don't cite any. Maybe YOU are the dense one in that you never deliver what you pledge.
And your second paragraph shows yet again your inherent laziness to look up stuff yourself. It's not my fault that you can't look up facts or support data.
It seems YOU are the one resorting to the bob and weave. I won't bother responding anymore to such a clueless poster like yourself. |
Nice non-response response. There's tons of evidence out there on the inability of pundits to make market predictions. Look it up yourself; I'm not your research assistant.
You didn't show me the money, dude. Where's your Ferrari, your Patek Phillipe, your penthouse, your home in the country? Post a few pics why don't you? If you or someone you know can call the markets, you must be sitting on quite a pile.
As for Kudlow, answer this: Where's the bond bubble he was calling? |
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