Domain: barchart.com
Stories and comments across the archive that link to barchart.com.
Comments · 17
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Re:Amazon...
I disagree. Amazon's stock price is much too high right now, being driven so by extreme speculation. It's current selling for more than 21 times book value. It's a very poor investment over the long term - the next time the market goes bear the price will drop like a brick unless by some miracle they have increased their assets by about 20 times and profitability by about 1000 times (read: Good Luck With That). Investing in it in the short term is a game of musical chairs - somebody is going to be stuck owning it when the price tanks. Cashing out right before that point requires recognizing that the price is about to tank (before everyone else, who are all trying to do the same thing). Even if you trade as fast as a computer you're faced with a chicken-and-egg problem.
Compare that to oil companies which can be bought at bargain prices right now - if you can pick which ones are financially strong enough to ride out the current drop in oil prices (which will go away when ISIS does). For example with this one you're buying nearly $3 worth of assets and $0.30 in annual earnings for every $1 in stock price. (Before anyone interprets that as investment advice, I'm not convinced this example is strong enough to ride out the price drop.)
Recommended reading (ironically an Amazon link)
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Re:Amazon...
I disagree. Amazon's stock price is much too high right now, being driven so by extreme speculation. It's current selling for more than 21 times book value. It's a very poor investment over the long term - the next time the market goes bear the price will drop like a brick unless by some miracle they have increased their assets by about 20 times and profitability by about 1000 times (read: Good Luck With That). Investing in it in the short term is a game of musical chairs - somebody is going to be stuck owning it when the price tanks. Cashing out right before that point requires recognizing that the price is about to tank (before everyone else, who are all trying to do the same thing). Even if you trade as fast as a computer you're faced with a chicken-and-egg problem.
Compare that to oil companies which can be bought at bargain prices right now - if you can pick which ones are financially strong enough to ride out the current drop in oil prices (which will go away when ISIS does). For example with this one you're buying nearly $3 worth of assets and $0.30 in annual earnings for every $1 in stock price. (Before anyone interprets that as investment advice, I'm not convinced this example is strong enough to ride out the price drop.)
Recommended reading (ironically an Amazon link)
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Re:Maybe Musk reads the news...
Sorry: this chart is clearer. (Didn't really want the 10-yr bonds in there too!)
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Re:Maybe Musk reads the news...
Here's a chart of 25 years of natual gas prices. See if you can work out why NG is not a panacea.
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Re:Advanced as They Were
Oil is running up because of the multiple trillions of dollars dumped into world currency markets by central banks over the last two months.
Oil priced in gold is steady, and BELOW AVERAGE for the last100+ years. -
Re:Hey Republicans:
You are calling me delusional while you are denying the actual numbers added together from 2003 and compared to actual numbers added together in 2011, the numbers that are compared and percentage calculated with simple math, so while I am doing the actual calculations and actual math, showing that USD lost 76% of its value since 2003 to inflation in only 8 years, you are calling me a serial liar, while pointing to propaganda printed by government that has no bearing in reality, and you are calling that real?
I am serious, the irony is lost on you, but I think at this point you are not just delusional, you are a shill. Are you a shill? I think you are a shill, there is no explanation how the simple math of numbers, freely available in the history of prices over the years can be called 'lie', while the fake reports by government can be held as the real deal.
You are more than welcome to continue doing this nonsense, but all I am going to do from now on is just type in numbers. Like now. I am not even going to bother with any new numbers, I'll just repost the same ones over and over.
Here we go:
Here is coffee price chart it was between 60 and 72 USD per contract in 2003.
Here is coffee price chart now It's between 259 and 290.
In fact, if measured in coffee, the value of USD decreased at the lows by 76%.
select 27 May, 2003 - you will find out that gold closed at 367.20.
Select 27 May 2011, you will find out it closed at 1536.50.
In fact, if measured in gold, the value of USD decreased by 76%.
oil traded between 20 and 28 in 2003, May 27, 2011 it is 100 Do I need to do the math?
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I am calling you a shill, not just a liar, a shill - a liar with an agenda. You can come back for more abuse, it's your business.
Cheers.
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Re:what's the difference?
You are correct.
- I know.
Money does not store value.
- fiat does not store value.
That is not the purpose of money.
- that's not the purpose of fiat.
However, the U.S. dollar has not lost 75% of its value since 2003.
- it did.
Here is coffee price chart it was between 60 and 72 USD per contract in 2003.
Here is coffee price chart now. It's between 259 and 290.
In fact, if measured in coffee, the value of USD decreased at the lows by 76%.
select 27 May, 2003 - you will find out that gold closed at 367.20.
Select 27 May 2011, you will find out it closed at 1536.50.
In fact, if measured in gold, the value of USD decreased by 76%.
oil traded between 20 and 28 in 2003, May 27, 2011 it is 100 Do I need to do the math?
I can go on. My point is that when you say things like:
However, the U.S. dollar has not lost 75% of its value since 2003.
- you better be ready for a barrage of numbers.
If the USD had lost that much value, my grocery bill would have gone up by a lot more than it has.
- maybe you should go back to your old receipts and try and figure this out, but prices for food in USA went up by a factor of 2 easy since 2003. However there is a huge factor, which prevents the end user consumables from going off the charts in US (like by factors of 10) today, and that's the fact that US dollars are collecting dust in foreign central banks, who also destroy their currencies following the so called 'reserve'. They are waking up, they stopped buying almost all new US bonds, now Fed buys over 80% of all new bonds, and buys over 30% of bonds on the market, from those, who are dumping them, like Bill Gross and China, etc.
Things are not hunk dory and if something doesn't change very soon, the U.S. economy (and probably the world economy) will pass the point of no return.
- wrong again, bud, it will be US economy and some of the European economies that will go to hell and will have to rebuild from hell, but it's not going to be the world.
Again: wealth is production, not fiat or even gold, and there are plenty of countries today who do have enough production capacity, that they generate trade surpluses, not deficits, like USA does (with pretty much every country, though you only hear about the 50Billion/month deficit with China, but go ahead, look it up, USA has trade deficits even with Canada.)
As long as those countries keep their manufacturing base, they will be just fine. Their USD denominated holdings will be destroyed, but it won't matter, their own currencies will rise and will allow their own population finally to enjoy the fruits of their own labor, which until now USA had the privilege to.
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Well, actually...
Tin Futures are available on the London Metal Exchange (LME), here.
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Re:Makes me wonder...
What?!?! Fair Trade coffee makes things better? Do you know why coffee futures are in the toilet? Because Vietname and Brazil started dumping crap coffee on the market some where around Y2K all this coffee started showing up on the market and the price went throught the floor.
The people I see making money on fair trade coffee are the distributers and retailers. The rest of the money just props up farmer that should be growing something else!
Check out this graph of coffee futures from 1994 - 2004 Coffee Futures (bargraph.com)
And here is alternative view on why fair trade treats no-one fairly, and the new world order (coffee cartel) some people are calling for is a recipe for disaster: Not-so-fair-trade -
Re:Is gold even used as money any more?
There only exists a limited quanity of it on earth, that is what gives it value.
Platinum is more rare and scarse than gold and silver, which gives it a much higher value per ounce.
Prices are defined by supply and demand on the open market. Latest prices can be seen here:
Metals -
Re:We've learned....
Really?
A P/E of 303 seems overvalued to me. -
Market predicts it?
I think everyone has seen the creepy creepy creepy plunge the S&P 500 has taken the September 10th, 2001.
But just looky at the MSFT chart, specially if compared with the S&P 500 chart plot for the same period.
MSFT has dived a whole 10% in one week.
Yes, it's nothing as obvious and strong as the September 10th mini-crash, but leaked sources don't exactly mean the same as the world as we know it being under attack.
Just clicky the charts. -
Market predicts it?
I think everyone has seen the creepy creepy creepy plunge the S&P 500 has taken the September 10th, 2001.
But just looky at the MSFT chart, specially if compared with the S&P 500 chart plot for the same period.
MSFT has dived a whole 10% in one week.
Yes, it's nothing as obvious and strong as the September 10th mini-crash, but leaked sources don't exactly mean the same as the world as we know it being under attack.
Just clicky the charts. -
Re:Stock
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Re:Stock
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Re:damn!
Also note that according to the market quotes, on July 23rd SCOX reaches an all-times high, but it's all downhill from there. We should expect the IBM announcements to accelerate this trend... Anyway, a SEC inquiry should be ordered.
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Economy speeding up -- HA!