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Jack Lifton: The Technology Metals Age

yes, I would like to see more actionable ways to invest....very "tantalizing"...
Jan 07 14:57 pm |Rating: 0 0 |Link to Comment |View article
Australian Dollar Preparing to Break Out

I moved from the US to Australia 3 years ago and am very bullish on this place. So far the media talks alot about recession but everyone I know (tradespeople, retailers, execs, bankers, IT) are running as fast as they can to keep up with demand. They have some of the top-rated banks in the world here, the gov't never let them bet the farm so a few execs could make millions, duh. Their biggest trading partner now is China, not the US, and they have tons of business ties to the rest of Asia. There is lots of money coming here as the UK gets more and more miserable and the quality of life in places like Canada and the US declines. We are so glad to be here and will probably drop our US citizenship so Uncle Sam no longer taxes us! The US is the only country in the world that taxes based on citizenship, not residency. Explain that one for me....
Dec 31 18:11 pm |Rating: 0 0 |Link to Comment |View article
Firesale Prices Could Mean Equity Returns for Loan Investors

Would like to hear how one invests in these CLOs, any thoughts? Good article, very credible.
Dec 31 18:03 pm |Rating: 0 0 |Link to Comment |View article
Bits of Destruction: Blame the Internet

Excellent article that echoes thoughts I've had for several years. I recall living in the Bay area in 1998 and looking at the Oakland Tribune. There was a listing for all of the ships arriving and leaving the Port of Oakland. Arriving from Thailand: ship full of 1" cold rolled steel pipe. Departing for Thailand: ship full of 1" cold rolled steel pipe.
The internet allows the guy who has the pipe in Thailand to find the guy who needs the pipe in Thailand. It's as simple as that. Think of all the economic activity that doesn't happen because those two guys can find each other.
With the relatively friction-free flow of information, the world's standard of living will even out...and not to the benefit of the "first" world"!
We had better "reboot" urgently and quickly. Start with the $700 billion in annual military adventures...
We moved to Australia in 2005 after Bush was re-elected....I could see disaster looming. Sold my California house at the tippy top! My wife says it was luck but I've repeatedly told her otherwise.
I think we'll find the bottom sometime in 2009 (25% lower?) and then stay there for five or so years. Long enough for the new order to fully emerge. Social unrest in the meantime....?
Dec 26 15:57 pm |Rating: +5 0 |Link to Comment |View article
Bubbly Treasuries Will Disappoint

"Markets can stay irrational longer than you can stay solvent". That quote from Keynes keeps echoing in my head when I think about TBT...

check out the level of Treasuries from 1965 onward
Dec 25 16:04 pm |Rating: +1 0 |Link to Comment |View article
Enlightening the Gold Bugs

the best part about this post is the complete arrogance! And I'd like to know how his positions did for 2008, compared to gold? Hmm?
Dec 24 16:16 pm |Rating: +2 0 |Link to Comment |View article
Value vs. Price: Trade in Your Gold for Oil and Agriculture Futures

what's a good ag futures ETF? or managed ag futures fund? would like futures, not equities
Dec 22 16:53 pm |Rating: +1 0 |Link to Comment |View article
Stock Treasure at the Bottom of the Ocean?

you might also like the book "Ship of Gold in the Deep Blue Sea" which is a fabulous account of the recovery of the "USS Central America" which was stuffed with gold bars from California
Dec 19 16:29 pm |Rating: +1 0 |Link to Comment |View article
Inflation Looms, But More Pressing Issues Abound

Ok Prudentman, I will take the bait. Your thesis is that Dem philosophy caused the current mess. That argument says that all along we needed LESS regulation, not more, after all "less regulation" has been the Republican rallying cry and central ethos since Saint Reagan. The Repubs are a one-trick pony and that's their trick.
So do you think we needed less oversight on bank lending? Less oversight on allowable bank leverage? Less oversight on structured product creation? Had Saint Phil Gramm not won the day and kept the CFTC out of the derivatives oversight business, would we be in better shape right now? I think so.
The Repub philosophy is "just give business everything it wants and it will all work out". Our current mess, however, is undeniable proof that the fox did not do a very good job guarding the henhouse...big surprise. And calling the Dems Socialists is a laugh when Bush and Hank Paulson are nationalizing the entire banking system!
The history books will write the final word on this era. They will conclude that corporations can only do what's right for their shareholders, not for their country or their people (big surprise!). And when those corporations control the government, and the military, it is defined as FASCISM. So our national treasure ends up spilled in the sands of Iraq because Federal Express wants to make money shipping bottled water from Oregon to Baghdad. And at home, yes-men regulators are asleep at the switch while the hogs of Wall Street walk out with taxpayer money by the wheelbarrow-full! Marvelous. Republicanism at its finest!
Dec 14 15:50 pm |Rating: 0 0 |Link to Comment |View article
Playing the Auto Bailout With Yields as High as 45%

pigs get fed, hogs get slaughtered
Dec 11 19:10 pm |Rating: 0 0 |Link to Comment |View article
The Critical Slipping Cog in the Global Financial Machine

Superb. Call B. Obama immediately, they could use some good critical thinking at this stage. Seems to me that he's recycling old remedies with little new inputs. And I voted for him!
Nov 30 04:33 am |Rating: 0 0 |Link to Comment |View article
Three Reasons Why the Dollar's Not Yet Done

In the Roadrunner cartoons, Wily Coyote chases the Roadrunner off the cliff. He hovers in space for a few seconds then looks down and drops like a rock. I think USD is like Wily: he has run off the cliff and is just about to give the audience that "Oh Sh*t!" look before gravity takes over. It always does.
Things are only valuable relative to their scarcity, and USD has become much, much less scarce recently.
Nov 27 16:09 pm |Rating: +1 0 |Link to Comment |View article
Australia ETFs' Troubles at Odds with Country's Economic Optimism

Another comment. The stock market and the currency have been hit hard for a few reasons. First on the currency, when interest rates started falling here, Japanese investors started selling uradaishi (Aussie-denominated short-term fixed income). That trade is now almost completely unwound. And on stocks, global risk appetite declined so non-Aussie investors sold their shares, which also repatriated home country currency, forcing the AUD down. Those two factors are almost completed now.
May I suggest coming for a visit and judging for yourself. This is one of the most beautiful countries on Earth and the people love Americans.
Nov 25 15:55 pm |Rating: 0 0 |Link to Comment |View article
Australia ETFs' Troubles at Odds with Country's Economic Optimism

I moved to Australia from the US in 2005 and have a few comments. Firstly, they have a government chartered banking business with much better regulatory oversight structure and transparency. Their central bank is widely viewed as one of the best in the world. The government has no external debt, having paid it off several years ago. They moved swiftly to unlock part of their surplus to spend on infrastructure because of any slowdown in the rest of the world. Their major trading partner is no longer the US but instead now is China. They sit on a mountain of iron ore and another mountain of coal. The government requires businesses to pay 11% of a worker's income into a fund that the worker controls and can invest however they like (unlike SocSec, which has shown a crappy return). In all, I am so glad I came here with my family, in another two years I can apply for citizenship so I no longer have to send my tax dollar to Uncle Sam so he can give it to bankers by the wheelbarrow-full...or blow it up in the sands of Iraq.
Nov 25 15:45 pm |Rating: 0 0 |Link to Comment |View article
The Awfulness of U.S. Healthcare

I moved from the US to Australia and can now see a health care system that works for everyone. I think the answer is "single payer". Doctors here do not have an army of people in the back room, figuring out which insurer and which program to pay how much, which form, etc etc. There is no wait to see one; and the quality of care is excellent. I would not hesitate to treat any serious disease here. It's a wonder, and even better, it doesn't cost me anything.
Nov 25 15:32 pm |Rating: +1 0 |Link to Comment |View article

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Better Choices - Cramer's Lightning Round (10/15/08)

by SA Editor Rachael Granby

Stocks discussed in the lightning round session of Jim Cramers Mad Money TV program,
Wednesday, October 15.

Bullish Calls:

Continental Resources (CLR) -- "This is a remarkable decline. All of the high quality ones are down so much, I can't go against it. This is where you pull the trigger.
3M (MMM) -- The moment this stock starts yielding 5%, I'm a buyer. Until then, keep your powder dry.

Bearish Calls:

Computer Sciences (CSC) -- This is a company that was going to be bought, but they passed up the chance. Now I don't want to buy it."
Annaly Mortgage (NLY) -- I think this is a business model that needs to borrow money. Definitively do not buy."
Northrop Grumman (NOC) -- You can't own the defense stocks right now. If I had to own one, I'd look at Lockheed Martin (LMT) with its good dividend.
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