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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (41521)	9/14/2005 2:17:16 PM
From: ild	Respond to of 110194

Date: Wed Sep 14 2005 13:43 trotsky (flash) ID#248269: Copyright © 2002 trotsky/Kitco Inc. All rights reserved Raimondo is a libertarian, the anti-thesis of fascism. the same can not be said about that wacko Horowitz from whose paranoid musings your post springs. that guy is really certifiable, as anyone who cares to check out his screeds will quickly find out. the fact that you frequently quote him and link to him outs you as a state worshipping warmonger who apparently still hasn't found the 'morl courge' to enlist in the war he so fervently supports. you should be out in the front-lines my man, and not let others do the dying for your and your fellow neo-con chickenhawk's 'grand vision'. you may not realize it ( probably too dense for that ) , but you are ideologically closer to fascism and its sister ideology communism than anyone here - in spite of your frequent breathless denouncements of the 'Chi-comms'. a ring-kisser and lap-top bombardier...why don't you leave for the greener pastures of the aptly named 'moonbat central'? Date: Wed Sep 14 2005 13:12 trotsky (RIP@Bill Gross) ID#248269: Copyright © 2002 trotsky/Kitco Inc. All rights reserved yes, i've read it...that chart of real estate related employment vs. manufacturing employment is a hoot...truly a picture that says more than a thousand words. regarding the alleged 'corner', it appears that PIMCO has been exonerated in the investigation. i don't have a link to this story right now, but i'm sure it can be googled. as an aside, i never gave much credence to the allegations in the first place if you remember my comments at the time ( imo it is impossible to influence rates across the yield curve by means of a single off-the-run 10-year note issue used as the delivery instrument for a specific futures contract maturity. otoh, with the huge speculative short positions in bonds and notes subject to vast trading losses in recent times it's no surprise that they would go and try to get some of it back via non-trading means ) . Date: Wed Sep 14 2005 13:02 trotsky (JD@ expanding the scale) ID#248269: Copyright © 2002 trotsky/Kitco Inc. All rights reserved what for? everybody knows what a dreadful underperformer the stock was during the recent cyclical bear market. that knowledge won't make you any money however. now that we've apparently entered a new up phase, the stock has begun to outperform - and i have compared its performance to a bunch of other well-known sector outperformers ( save GRZ, which i included to also show how large the gap is vs. underperformers ) . isn't it surprising that the most hated 'crap' stock has handily beaten stalwarts such as GG and GOLD over the past 6 months? of course one must be aware that it is a very risky stock, and if the gold market turns down , it will very quickly become an underperformer again ( i.e. fall faster than the rest ) . however, if the bullish phase continues, it's a very good bet that it will continue to outperform. in fact, DROOY's fundamentals hardly justify the low price it's trading at, especially relative to other mid tier producer stocks, most of which trade at roughly a 100% premium to it. here's a comparison chart that includes the 6-month performance of MDG and GLG as well ( it's beating those handily as well ) : finance.yahoo.com Date: Wed Sep 14 2005 12:22 trotsky (@neo-con philosophy) ID#248269: Copyright © 2002 trotsky/Kitco Inc. All rights reserved in this recent column, J. Raimondo makes the the very important point that the statist and essentially neofascist neo-"conservative" ideology is deeply un-American ( and apparently, Americans are beginning to wake up to this fact ) : -Katrina, Iraq, and the End of 'National Greatness' antiwar.com Date: Wed Sep 14 2005 12:14 trotsky (JD) ID#248269: Copyright © 2002 trotsky/Kitco Inc. All rights reserved "drooy is a wonderful example....of something or other" the term you're looking for is 'outperformance in an up market': finance.yahoo.com Date: Wed Sep 14 2005 12:05 trotsky (@MNG) ID#248269: Copyright © 2002 trotsky/Kitco Inc. All rights reserved looks like lift-off time for this one...price busts through resistance to a new 6 month high. stockcharts.com the power of a single step out drill hole still at work. Date: Wed Sep 14 2005 11:59 trotsky (retaliation for Tal Afar) ID#248269: Copyright © 2002 trotsky/Kitco Inc. All rights reserved 150 dead, many more injured in Baghdad: msnbc.msn.com Date: Wed Sep 14 2005 11:37 trotsky (mugwump@CDE) ID#248269: Copyright © 2002 trotsky/Kitco Inc. All rights reserved "investors reject cde's aussie deal" well, if only they COULD reject it. the numbskulls at CDE's helm really are a piece of work. with $280 million in cash on the balance sheet they needed to issue shares for this peanuts acquisition? and erode CDE's market cap by nearly 10% in this single, masterful stroke? unfortunately this is typical of mine managements in general, with CDE's board standing out as a repeat offender. no wonder the stock is miles away from its recent highs, not to mention the levels it inhabited for most of the 1980s ( any shareholder hanging on to it since the 80's has seen the purchasing power adjusted value of his investment plunge by well over 90%, not to mention opportunity cost ) . will they ever learn?

To: mishedlo who wrote (41521)	9/14/2005 3:31:45 PM
From: ild	Read Replies (2) \| Respond to of 110194

Underestimating the Loss of a City September 08, 2005 comstockfunds.com We also don’t believe that the stock market is sending us a bullish message about the outlook. In October 1973, the market actually went sideways for two weeks after OPEC shut down oil exports to the West, and the pundits were similarly complacent. The market then dived 16% over the following six weeks and 45% over the next year. While the market may never be wrong, it often changes its mind, and we think that will be the case this time around.

To: mishedlo who wrote (41521)	9/14/2005 3:34:32 PM
From: ild	Respond to of 110194

Date: Wed Sep 14 2005 14:39 trotsky (frustrated@your 12:49) ID#248269: Copyright © 2002 trotsky/Kitco Inc. All rights reserved i've seen it - my prediction, nothing will come of it. the fact that the open interest in the 10-year note futures on the CBOT far exceeds the amount of the physical underlying specific note issues simply can't be helped. this does not per se make bull or bear markets in the notes. there's a simple solution to this, namely switching to cash settlement. for individual traders it's even simpler: don't stay short beyond first notice day. roll over into the next contract. Date: Wed Sep 14 2005 14:24 trotsky (Glooscap) ID#248269: Copyright © 2002 trotsky/Kitco Inc. All rights reserved " The U.S. dollar has been the strongest currency of the world for more than half a century" i'd be inclined to say that that's a joke of sorts. in any event, it is factually incorrect. the dollar has been in a huge long term downtrend vs. all the major industrialized nations currencies over the past half century, losing about 70% of its value since 1945 on average. Date: Wed Sep 14 2005 14:19 trotsky (Winston@link) ID#248269: Copyright © 2002 trotsky/Kitco Inc. All rights reserved "Iran's stock market chief dismissed reports that the proposed oil bourse will use the euro as official currency for petroleum transactions, stressing that the Stock Exchange Council has not made such a decision." iranmania.com that's the most recent word on the subject from Iran. Date: Wed Sep 14 2005 14:13 trotsky (Winston@Iran oil bourse) ID#248269: Copyright © 2002 trotsky/Kitco Inc. All rights reserved there's zero evidence that the planned oil bourse will price its contracts in euros. according to the Iranians themselves ( and they should know ) , no decision of this sort has been taken as of yet.