That is what you are saying marenkov? Sell when you can hear the helicopters coming, right?
Take from the wealthy elderly & give to the poor young people of color, is that waht you are saying?
In complete agreement with him on this. CNBC just said the next stage will be announced, in Japan, at least. Wish there was a Japanese bond fund I could easily short. Anybody know of one???
On CNBC a trader said "the Bernank' may be advising Japan on new helicopter money initiatives--infrastructure bonds bought by the JCB??
"Monthly buying the way to go"--don't let it run away from you. Front load the buying. Bo Polny sees $35-50 soon.
I can't see how they will ever earn a normal p/e, below 50. Most retail companies are valued below 25 times earnings. Throw in the cloud becoming commoditized, and I think investors have bid up the share price way above where it should be, who know, double where it should be? More?
Sentiment: Strong Sell
When rates finally rise, this will bring the day of reckoning. A company with a 300 p/e can only thrive when rates are near zero. When rates rise, the cost of the debt rises above the earnings yield. This is unsustainable.
The banks are in the dangerous position of the scamming impresarios in "The Producer", who sold the rights to their play to the rich little old ladies 100 times over. They went to jail.
Fact: most of the gold ever mined is still around. Most of the silver mined is not around. When it was cheap, it was not recycled, especially in the smaller quantities. Didn't pay. Therefore silver available supply is small, and many mines have been shut down in recent years because of the low price. This is especially true of the lead/copper/zinc mines, where silver occurs as a byproduct. Many have been shut in.
Silver is very undervalued no matter how you measure it. $50 will be easy. $100 might be easy too.
Could be on the way to 15 to 1, the in the ground silver/gold ratio. Hold onto your hat--the above ground stockpile is only 9 ounces of silver for one ounce of gold. 9 to 1 would be nice!!
Japan's problem is negative population growth (almost no immigration and very low birth rate) and a rapidly aging population. This is nothing zero and negative interest rates can solve. Abe is clueless, and negative rates are destroying savers purchasing power.
Commodities column--Hi Ho silver. Article says silver will soar, faster than gold. New high coming. Mentioned huge China buying.
I was a buyer of treasury bonds in 1980-84, and reaped huge rewards. In May 1981 I bought some 20 year treasuries that yielded just over 15%. I would be a seller of all bonds now, an aggressive seller. The risks are huge. Cash is better.
& I see El-Arian right now on CNBC saying just what I said, bonds are in a "huge bubble". When Grant, El-Arian and Bill Gross all agree that bonds are dangerous & in a bubble, you are a fool to ignore them.
Fact: rates have matched (and exceeded in Europe & Japan) the lows of the last 100 years. Run from bonds & those telling you to buy them. This is the exact mirror image of the 16% rates top in 1981, and equally dangerous. At the 1981 rates top, people were trying to tell you to avoid bonds. Now, with rates near zero, equally cynical people are telling you to buy. It was a mistake to not buy bonds in 1981, and now it is the opposite--it is a mistake to not sell bonds now.