wes mantooth

Comment Stream

Comment Stream
Filter comments by:
Highest rated Latest comments
Or filter by symbol:
  • Dow Will Equal Gold in 2009
    Until this deleveraging is finished gold prices will continue going lower. We have a long way (years) to go until this happens due to rising unemployment.
    Dec 05 07:18 am |Rating: 0 0 |Link to Comment |View article
  • Chesapeake Energy Unlikely To Remain this Cheap
    CHK has alot a debt. That's not good in this environment. I'll pass.
    Nov 03 12:33 pm |Rating: 0 0 |Link to Comment |View article
  • Four Ways to Protect Money During the Fallout
    "why isn't the gold price skyrocketting now? in fact, its falling. can u explain why?"


    Skynar it's called a deflationary spiral. Gold will skyrocket after real estate bottoms and banks stop failing. Until then stick to cash and treasuries if you're a conservative investor.
    Oct 09 18:47 pm |Rating: 0 0 |Link to Comment |View article
  • Four Ways to Protect Money During the Fallout
    "How about a new rule on SA: no one is allowed to post an "OMGZ it's DEFLATION!!!111one&... post or article unless he or she has at least 50% of his or her net worth in gold puts dated no earlier than 2010. "


    How about a new rule on not assuming you know what someone's invested in. I own gold. But even if I didn't why would I short gold anyway? It holds it's value due to it's flight to safety quality alone. Every time the VIX kicks up so does gold. As soon as the panic dies down so does gold. This time will be no different.

    Oct 08 19:12 pm |Rating: 0 0 |Link to Comment |View article
  • Four Ways to Protect Money During the Fallout
    Inflation? Commodities are getting creamed and Treasury yields are getting crushed. It's not inflation. It's credit destruction on a global scale. Deflation.
    Oct 08 09:40 am |Rating: 0 0 |Link to Comment |View article
  • Iceland: When Too Big to Fail Becomes Too Big to Rescue
    Good news. They've lifted the restrictions on drilling for whale oil.
    Oct 04 07:14 am |Rating: 0 0 |Link to Comment |View article
  • Commodities Should Profit from the Bailout Plan
    "wes: the author is correct. The current moves will put a paper bottom under the housing market. So prices will stabilize and start going up _ victory for the goverment!"

    You really think the government has any control over this? You're cute.
    Sep 23 07:15 am |Rating: 0 0 |Link to Comment |View article
  • Commodities Should Profit from the Bailout Plan
    Until housing bottoms there will be no inflation. Deflation rules for now.
    Sep 22 07:47 am |Rating: 0 0 |Link to Comment |View article
  • The Election's Impact on the Market
    Very good article. Mirrors my own beliefs actually.
    Aug 31 18:37 pm |Rating: 0 0 |Link to Comment |View article
  • Inflation or Deflation?
    I agree with dougnhi in that deflation will be the end result. Ben's printing press works wonders when people can't spend money fast enough hoping to make even more money on the parabolic asset class of the moment. The problem is that the root of our economy is primarily based on consumer perception. You can sense that peoples' attitude towards credit is changing right now. They witness the pain of their overleveraged neighbors and they become even more risk averse. Potential homebuyers now have the "wait until prices drop even more" attitude instead of "buy it quick before it's snatched up by someone else!". This mind-set is at the root of a deflationary environment. When everyone is looking for the best deal possible the demand for credit is severely weakened and no amount of printing presses and helicopters can defeat it once it takes hold.
    Aug 15 20:34 pm |Rating: 0 0 |Link to Comment |View article
  • Value Investors, Remember Margin of Safety
    "friend"

    About the only people naked shorting are the banks. They're probably naked shorting their own shares in fact.

    I agree that it should be illegal.
    Aug 12 12:31 pm |Rating: 0 0 |Link to Comment |View article
  • Wake Up America, You’re Sinking
    "Did you say the USD will become stronger as it becomes scarcer. LOLOL!!!! That's a new one. I never heard that before. The dollar is out there like confetti it is hardly scarce."


    If you have wheelbarrows of cash at your disposal please take it to your nearest bank. They could sure use it since they're going broke from a lack of it.
    Aug 11 18:17 pm |Rating: 0 0 |Link to Comment |View article
  • Is Value Dead?
    I'm a fan of both. lol
    Aug 11 18:06 pm |Rating: 0 0 |Link to Comment |View article
  • Is Value Dead?
    Many value gurus forget one of the cardinal rules of value investing. Know what you're investing in. If you can't understand the value of the business then you don't invest in it. This is why I invest with David Berkowitz and Fairholme. He's a value investor that sticks to his knitting. He's also beating the averages handily this year. Again.
    Aug 11 15:10 pm |Rating: 0 0 |Link to Comment |View article
  • Wake Up America, You’re Sinking
    Great article. Why doesn't the mainstream media talk about deflation? All I ever hear them talk about is inflation. Maybe it's too difficult for the average person to understand.
    Aug 08 07:03 am |Rating: 0 0 |Link to Comment |View article

wes mantooth's Comments Stream Stats

  • 24 Comments, 0 , 0
  • Total Comment Stream rating - = 0